People: Hanger Inc (HGR.N)
HGR.N on New York Stock Exchange
31.07USD
22 May 2013
31.07USD
22 May 2013
Price Change (% chg)
$-0.61 (-1.93%)
$-0.61 (-1.93%)
Prev Close
$31.68
$31.68
Open
$31.67
$31.67
Day's High
$31.81
$31.81
Day's Low
$30.78
$30.78
Volume
50,055
50,055
Avg. Vol
43,123
43,123
52-wk High
$32.65
$32.65
52-wk Low
$20.43
$20.43
Summary
| Name | Age | Since | Current Position |
|---|---|---|---|
Thomas Cooper |
69 | 2013 | Non-Executive Chairman of the Board |
Vinit Asar |
47 | 2012 | President, Chief Executive Officer, Director |
George McHenry |
60 | 2004 | Chief Financial Officer, Executive Vice President, Secretary |
Rebecca Hast |
62 | 2011 | President of Linkia, LLC |
Kenneth Wilson |
50 | 2011 | President and Chief Operating Officer of Southern Prosthetic Supply, Inc. |
Richmond Taylor |
64 | 1999 | Executive Vice President; President & Chief Operating Officer of Hanger Prosthetics & Orthotics, Inc., & HPO, Inc. |
Walt Meffert |
48 | 2010 | Vice President, Chief Information Officer |
Thomas Hartman |
50 | 2009 | Vice President, General Counsel |
Russell Allen |
42 | 2011 | Vice President, Treasurer |
Andrew Morton |
47 | 2010 | Vice President - Human Resources |
Thomas Kirk |
67 | 2012 | Director |
Cynthia Feldmann |
60 | 2003 | Independent Director |
Eric Green |
51 | 2001 | Independent Director |
Stephen Hare |
59 | 2010 | Independent Director |
Isaac Kaufman |
66 | 2005 | Independent Director |
Patricia Shrader |
62 | 2011 | Independent Director |
Biographies
| Name | Description |
|---|---|
Thomas Cooper |
Dr. Thomas P. Cooper, M.D., is Non-Executive Chairman of the Board of Hanger Inc. He is a partner of Aperture Venture Partners, a venture capital firm. He is the Chairman of the Board of VeriCare Management Inc., a member of the boards of Kindred Healthcare, Inc. and IPC The Hospitalist Company, Inc., and served as an Adjunct Professor at the Columbia University School of Business. From 1991 to 2006, Dr. Cooper was the Chief Executive Officer of VeriCare Management, Inc., which provides mental health services to patients in long-term care facilities. From May 1989 to January 1997, Dr. Cooper served as the President and Chief Executive Officer of Mobilex U.S.A., a provider of mobile diagnostic services to long-term care facilities. Dr. Cooper was the founder of Spectrum Emergency Care, a provider of emergency physicians to hospitals, and Correctional Medical Systems, a provider of health services to correctional facilities. |
Vinit Asar |
Mr. Vinit K. Asar is President, Chief Executive Officer, Director of Hanger Inc. Mr. Asar came to Hanger from the Medical Device & Diagnostic sector at Johnson & Johnson, having worked at the Ethicon, Ethicon-Endo-Surgery, Cordis and Biosense Webster franchises. During his 18 year career at Johnson & Johnson, Mr. Asar held various roles of increasing responsibility in Finance, Product Development, Manufacturing, and Marketing and Sales in the US and in Europe. Prior to joining Hanger, Mr. Asar was the Worldwide Vice-President at Biosense Webster, the Electrophysiology division of Johnson & Johnson, responsible for the Worldwide Sales, Marketing and Services organizations. Mr. Asar has a B.S.B.A from Aquinas College and an M.B.A. from Lehigh University. |
George McHenry |
Mr. George E. McHenry is Chief Financial Officer, Executive Vice President, Secretary of Hanger Inc. He has been Executive Vice President and Chief Financial Officer since October 2001 and Secretary since 2004. From 1987 until he joined in October 2001, Mr. McHenry served as Executive Vice President, Chief Financial Officer and Secretary of U.S. Vision, Inc. Prior to joining U.S. Vision, Inc., he was employed principally as a Senior Manager by the firms of Touche Ross & Co. (now Deloitte & Touche) and Main Hurdman (now KPMG LLP) from 1974 to 1987. Mr. McHenry is a Certified Public Accountant and received a Bachelor of Science degree in accounting from St. Joseph's University. |
Rebecca Hast |
Ms. Rebecca J. Hast is President of Linkia, LLC, a subsidiary of Hanger Inc. Prior to joining Linkia, Ms. Hast was with United Healthgroup Incorporated, a healthcare company that offers a broad spectrum of products and services through two distinct platforms: UnitedHealthcare, which provides health care coverage and benefits services; and Optum, which provides information and technology-enabled health services. Ms. Hast held a variety of positions from 1999 to 2004, leaving United Healthgroup as Senior Vice President, Development for the Dental Benefit Providers, a wholly owned subsidiary of United Healthgroup's Specialty Services Division (now Optum). Prior to joining United Healthgroup, Ms. Hast held management and leadership positions with Magellan Health Services, Inc., a specialty healthcare management company, and other healthcare insurance and services providers. Ms. Hast holds a Bachelor of Science degree from University of Pittsburgh. |
Kenneth Wilson |
Mr. Kenneth W. Wilson is President and Chief Operating Officer of Southern Prosthetic Supply, Inc., a subsidiary of Hanger Inc. Mr. Wilson was previously employed by Cardinal Health Inc., the distributor of pharmaceuticals and medical products in the United States, for 22 years, serving as Senior Vice President/General Manager of its Ambulatory Care business from 2008 until September 2011, as Vice President/General Manager of its Onsite business from 2006 to 2008, and as Senior Vice President—Group Purchasing Accounts from 2004 to 2006. Prior to joining Cardinal Health, he worked at Allegiance Healthcare Corporation, a manufacturer of medical products, including surgical apparel and drapes, surgical instruments and respiratory care products. Allegiance Healthcare was a 1997 spin-off of Baxter Healthcare Corporation that was acquired by Cardinal Health in 1999. Mr. Wilson served Allegiance Healthcare as Head of Allegiance National and Health Systems from 2002 to 2004, and as Vice President—Health Systems from 1997-2002. From 1988 to 1997, Mr. Wilson was with Baxter Healthcare, a manufacturer of a wide variety of medical products across three divisions, including drugs and vaccines, dialysis equipment and intravenous (IV) supplies. Mr. Wilson left Baxter in 1997 as a Regional Director in Encinitas, California. Prior to joining Baxter, he also worked for PepsiCo, USA and Proctor & Gamble in a variety of sales roles. Mr. Wilson received his Bachelor of Science degree in Economics and Social Science from Davidson College in 1984. |
Richmond Taylor |
Mr. Richmond L. Taylor is Executive Vice President of Hanger Inc., and President, Chief Operating Officer of Hanger Prosthetics & Orthotics, Inc., and HPO, Inc., subsidiaries of the Company. Previously, Mr. Taylor served as the Chief Operating Officer of NovaCare O&P from June 1996 until July 1999, and held the positions of Region Vice-President and Region President of NovaCare O&P for the West Region from 1989 to June 1996. Prior to joining NovaCare O&P, Mr. Taylor spent 20 years in the healthcare industry in a variety of management positions including Regional Manager at American Hospital Supply Corporation, Vice President of Operations at Medtech, Vice President of Sales at Foster Medical Corporation and Vice President of Sales at Integrated Medical Systems. |
Walt Meffert |
Mr. Walt A. Meffert, Jr., is Vice President, Chief Information Officer of Hanger Inc. Mr. Meffert was previously the Senior Vice President & Chief Technology Officer for Apria Healthcare from December 2008. Concurrently Mr. Meffert also served as Senior Vice President & Chief Information Officer for Coram, Inc. since November 2005. As the CTO/CIO at Apria Healthcare and Coram, Inc. he directed all production infrastructures and business applications supporting over 700 branches and five main business lines in addition to providing IT oversight and alignment for Apria's Global IT service delivery. Before joining Apria Healthcare/Coram Inc., Mr. Meffert Served as Senior Vice President & Chief Information Officer for NeighborCare. Mr. Meffert served as Chief Technology Officer for Register.com, a provider of global domain name registration and Internet services from November 2001 to April 2004; Vice President of Enterprise Application Engineering at the creative software development company, Macromedia from October 1999 to November 2001; Director of Electronic Commerce—Internet Center at Bell Atlantic from January 1998 to October 1999; various leadership positions at The General Electric Company including the Internet Consulting and Systems Integration teams from 1990 to 1998. Mr. Meffert is a graduate of the GE Edison Engineer program. Mr. Meffert holds a Bachelor of Science degree in Computer Science from the University of Maryland, Baltimore County and a Master of Science in Computer Science degree from John Hopkins University. |
Thomas Hartman |
Mr. Thomas E. Hartman is Vice President, General Counsel of Hanger Inc. Mr. Hartman joined Hanger from Foley & Lardner, LLP where he was a partner in Foley's Business Law Department. Mr. Hartman's practice at Foley was focused on securities transactions, securities law compliance, mergers and acquisitions, and corporate governance. Prior to joining Foley in 1995, Mr. Hartman was a business law associate at Jones Day. Mr. Hartman received his J.D. from the University of Wisconsin in Madison, and a Bachelor of Science in Engineering (Industrial & Operations Engineering) from the University of Michigan in Ann Arbor. |
Russell Allen |
Mr. Russell Glenn Allen is Vice President, Treasurer of Hanger Inc. Mr. Allen joined Hanger from Lance, Inc., a publicly traded consumer products company located in Charlotte, North Carolina, where he served in a variety of positions from 2003 to 2011, including Vice President of Treasury and Planning, and Director of Financial Planning & Analysis and Investor Relations. From 1995 to 2002 Mr. Allen worked at Ford Motor Company in Dearborn, Michigan, where he held various roles of increasing responsibility as part of Ford's Finance Management Development Program. Mr. Allen is a Certified Public Accountant and received a Bachelor of Business Administration from Southern Arkansas University and a Masters of Business Administration from The University of Illinois. |
Andrew Morton |
Mr. Andrew C. Morton is Vice President - Human Resources of Hanger Inc. Prior to joining Hanger, Mr. Morton worked for Freescale Semiconductor since 2006 in two capacities; first as Vice President Talent and Corporate Services, and then Vice President Human Resources Supply Chain. From 1992 to 2006 Mr. Morton worked at IBM and held various global field and corporate HR executive roles of increasing responsibility across its software, hardware and sales businesses. Mr. Morton has a B.S. degree in Finance from the University of Colorado at Boulder, and an MBA from Syracuse University. In between degrees he worked for Baxter Healthcare in Finance roles from 1988 to 1989. |
Thomas Kirk |
Mr. Thomas F. Kirk is no longer Director of Hanger Inc., effective Company’s 2014 Annual Meeting of Stockholders. From September 1998 to January 2002, Mr. Kirk was a principal with AlixPartners, LLC (formerly Jay Alix & Associates, Inc.), a management consulting company retained by Hanger to facilitate its reengineering process. From May 1997 to August 1998, Mr. Kirk served as Vice President, Planning, Development and Quality for FPL Group, a full service energy provider located in Florida. From April 1996 to April 1997, he served as Vice President and Chief Financial Officer for Quaker Chemical Corporation in Pennsylvania. From December 1987 to March 1996, he held several positions and most recently served as Senior Vice President and Chief Financial Officer for Rhone Poulenc, S.A. in Princeton, New Jersey and Paris, France. From March 1977 to November 1988, he was employed by St. Joe Minerals Corp., a division of Fluor Corporation. Prior to this, he held positions in sales, commercial development, and engineering with Koppers Co., Inc. Mr. Kirk holds a Ph.D. degree in strategic planning/marketing, and an M.B.A. degree in finance from the University of Pittsburgh. He also holds a Bachelor of Science degree in mechanical engineering from Carnegie Mellon University. |
Cynthia Feldmann |
Ms. Cynthia L. Feldmann is Independent Director of Hanger Inc. Ms. Feldman serves as a member of the board and chairs the audit committee of HeartWare International, Inc. (Nasdaq: HTWR), a medical device company engaged in the development of devices intended to treat advanced heart failure. Ms. Feldmann joined the board and serves as the chair of the audit and compliance committee of Atrius Health, a non-profit organization comprised of six Boston Area physician groups representing more than 1,000 physicians serving nearly 1 million adult and pediatric patients. Ms. Feldmann was a member of the board of Hayes Lemmerz International Inc., a worldwide producer of aluminum and steel wheels for passenger cars, trucks and trailers and a supplier of brakes and powertrain components from 2006 to 2009. Previously, Ms. Feldmann served as Business Development Officer at Palmer & Dodge LLP, a Boston based law firm, with a specialty in serving life sciences companies. From 1994-2002, she was a Partner at KPMG LLP, holding leadership roles in the firm's Medical Technology and Health Care & Life Sciences industry groups. Ms. Feldmann was National Partner-in-Charge of Coopers & Lybrand's Life Sciences practice from 1989-1994, among other leadership positions she held during her 19-year career there. Ms. Feldmann was a founding board member of Mass Medic, a Massachusetts trade association for medical technology companies, where she served as treasurer and as a member of the board's Executive Committee during her tenure from 1997-2001. |
Eric Green |
Mr. Eric A. Green is Independent Director of Hanger Inc. He is a Managing Director of Cyrus Capital Partners. He previously was a co-founder and managing partner of Castle Hill Investment Management, a New York based alternative investment firm. Previously, Mr. Green was a Senior Partner of FriedbergMilstein, where he was responsible for structured investments, including mezzanine and growth equity transactions. Previously, he was a Partner Group Head and Managing Director of J.P. Morgan Partners, responsible for mezzanine/growth equity and structured investments. Prior thereto, he was a Managing Director in the Merchant Banking Group at BNP Paribas, where he was responsible for mezzanine, growth equity and structured investments. Previously, Mr. Green held corporate planning and other financial positions at GE Capital and GE Company. Mr. Green has served on numerous public and private company boards of directors. |
Stephen Hare |
Mr. Stephen E. Hare is Independent Director of Hanger Inc. He has been Senior Vice President and Chief Financial Officer of The Wendy's Company since July 2011, and prior to that served as Senior Vice President and Chief Financial Officer of Wendy's/Arby's Group, Inc. since 2008. Mr. Hare served as Senior Vice President and Chief Financial Officer of Triarc Companies, Inc. from 2007 to the 2008 merger of Triarc and Wendy's in 2008, and as Chief Financial Officer of Arby's Restaurant Group, Inc. from 2006 until July 2011. Previously, Mr. Hare served as Executive Vice President of Cadmus Communications Corporation and as the President of Publisher Services Group, a division of Cadmus, from 2003 to 2006. Mr. Hare served as Executive Vice President and Chief Financial Officer of Cadmus from 2001 to 2003. From 1996 to 2001, Mr. Hare was Executive Vice President and Chief Financial Officer of AMF Bowling Worldwide, where he was a member of the board of directors. From 1990 to 1996, Mr. Hare was Senior Vice President and Chief Financial Officer of James River Corporation. Mr. Hare was also a member of the board of directors of Pasta Pomodoro, Inc., the operator of Pasta Pomodoro restaurants, from 2008 to 2009, and was a member of the board of directors and Chair of the Audit Committee of Wolverine Tube Inc. from 2005 to 2007. |
Isaac Kaufman |
Mr. Isaac Kaufman is Independent Director of Hanger Inc. He has served as the Senior Vice President and Chief Financial Officer of Advanced Medical Management Inc., a manager of medical practices and an outpatient surgical center, since September 1998. Mr. Kaufman serves as a director and as chairperson of the audit committee of the board of directors of Kindred Healthcare, Inc., a healthcare services company that through its subsidiaries, operates hospitals, nursing centers and a contract rehabilitation services business across the United States, and as a director and as chairperson of the audit committee of TransWorld Entertainment Corporation, a specialty retailer of music, video and entertainment products. Mr. Kaufman holds a Bachelor of Science degree in accounting and finance from the University of Maryland and is a certified public accountant. |
Patricia Shrader |
Ms. Patricia B. Shrader is Independent Director of Hanger Inc. She has been Vice President, Global Regulatory Affairs for Medtronic, Inc., an international medical device company, since April 2011. Prior to joining Medtronic, Ms. Shrader served as Senior Vice-President, Regulatory and External Affairs at Becton Dickinson and Company, a medical technology company, where she worked in various capacities from 1995 to 2011. Ms. Shrader was an attorney with the Washington, D.C. firm Hogan & Hartson from 1988 to 1995. Ms. Shrader is a 1988 graduate of Georgetown University Law Center. She participates in the Medical Technologies Association (AdvaMed), as co-chair of the Technology and Regulatory group and in various other strategy and post-market activities. She also serves as Treasurer of the Board of Directors of the Food and Drug Law Institute. Ms. Shrader is a member of the Regulatory Affairs Professionals Society and is RAC certified. |
Basic Compensation
| Name | Fiscal Year Total |
|---|---|
Thomas Cooper |
-- |
Vinit Asar |
2,101,190 |
George McHenry |
1,260,490 |
Rebecca Hast |
-- |
Kenneth Wilson |
845,481 |
Richmond Taylor |
1,799,330 |
Walt Meffert |
-- |
Thomas Hartman |
570,874 |
Russell Allen |
-- |
Andrew Morton |
-- |
Thomas Kirk |
2,708,530 |
Cynthia Feldmann |
-- |
Eric Green |
-- |
Stephen Hare |
-- |
Isaac Kaufman |
-- |
Patricia Shrader |
-- |
As Of 30 Dec 2012
Options Compensation
| Name | Options | Value |
|---|---|---|
Thomas Cooper |
0 | 0 |
Vinit Asar |
0 | 0 |
George McHenry |
372,250 | 974,032 |
Rebecca Hast |
0 | 0 |
Kenneth Wilson |
0 | 0 |
Richmond Taylor |
394,748 | 850,385 |
Walt Meffert |
0 | 0 |
Thomas Hartman |
0 | 0 |
Russell Allen |
0 | 0 |
Andrew Morton |
0 | 0 |
Thomas Kirk |
1,100,000 | 1,737,000 |
Cynthia Feldmann |
0 | 0 |
Eric Green |
0 | 0 |
Stephen Hare |
0 | 0 |
Isaac Kaufman |
0 | 0 |
Patricia Shrader |
0 | 0 |
| Name | Shares Traded | Price |
|---|---|---|
KAUFMAN ISAAC |
1,019 | $32.39 |
GREEN ERIC A |
1,019 | $32.39 |
KIRK THOMAS F |
1,019 | $32.39 |
KIRK THOMAS F |
5,525 | $0.00 |
GREEN ERIC A |
5,525 | $0.00 |
SHRADER PATRICIA B |
1,019 | $32.39 |
KIRK THOMAS F |
69,717 | $32.28 |
TAYLOR RICHMOND L |
6,944 | $32.19 |
FELDMANN CYNTHIA L |
5,525 | $0.00 |
SHRADER PATRICIA B |
5,525 | $0.00 |
KAUFMAN ISAAC |
5,525 | $0.00 |
MEFFERT WALTER A JR |
601 | $31.89 |
COOPER THOMAS P |
9,918 | $31.29 |
MCHENRY GEORGE E JR |
20,000 | $31.28 |
KAUFMAN ISAAC |
11,000 | $31.82 |
HOFMEISTER THOMAS CHARLES |
1,367 | $32.05 |
HOFMEISTER THOMAS CHARLES |
433 | $32.09 |
TAYLOR RICHMOND L |
3,750 | $30.07 |
MCHENRY GEORGE E JR |
2,912 | $30.08 |
HOFMEISTER THOMAS CHARLES |
900 | $30.09 |
HAST REBECCA J |
972 | $30.11 |
ASAR VINIT K |
2,647 | $30.08 |
HARTMAN THOMAS E |
741 | $30.10 |
HAST REBECCA J |
1,300 | $31.45 |
ASAR VINIT K |
1,772 | $31.45 |

