Owens & Minor (OMI) Appoints Michael Lowry as Interim CFO, CAO
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Price: $34.64 +1.41%
Overall Analyst Rating:
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Dividend Yield: 2.8%
Revenue Growth %: +2.7%
Overall Analyst Rating:
NEUTRAL (
Up)Dividend Yield: 2.8%
Revenue Growth %: +2.7%
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Owens & Minor, Inc. (NYSE: OMI) announced today that Michael W. Lowry, Operating Vice President, Treasurer of Owens & Minor, will assume the roles of Interim Chief Financial Officer and Interim Chief Accounting Officer of Owens & Minor. Lowry, 50, who has worked at Owens & Minor since 1988, was appointed Treasurer in 2009.
Lowry will replace D. Andrew Edwards, 54, Corporate Vice President, Controller, Chief Accounting Officer & Acting Chief Financial Officer, who is leaving the company effective February 7, 2013, to pursue a new career opportunity. Edwards joined Owens & Minor in 2009. “Drew has been a strong leader and a valued contributor to Owens & Minor during his tenure with us,” said Craig R. Smith, President & Chief Executive Officer of Owens & Minor. “We thank him for his many efforts on our behalf and wish him well as he pursues a new career opportunity.”
Lowry, who began his career in public accounting, has extensive experience in debt refinancing, credit management, treasury management and mergers and acquisitions. Lowry will report to Craig R. Smith, President & Chief Executive Officer, during the transition phase, as the company seeks a chief financial officer and a chief accounting officer.
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Lowry will replace D. Andrew Edwards, 54, Corporate Vice President, Controller, Chief Accounting Officer & Acting Chief Financial Officer, who is leaving the company effective February 7, 2013, to pursue a new career opportunity. Edwards joined Owens & Minor in 2009. “Drew has been a strong leader and a valued contributor to Owens & Minor during his tenure with us,” said Craig R. Smith, President & Chief Executive Officer of Owens & Minor. “We thank him for his many efforts on our behalf and wish him well as he pursues a new career opportunity.”
Lowry, who began his career in public accounting, has extensive experience in debt refinancing, credit management, treasury management and mergers and acquisitions. Lowry will report to Craig R. Smith, President & Chief Executive Officer, during the transition phase, as the company seeks a chief financial officer and a chief accounting officer.
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