Invacare Corp. (IVC) Misses Q2 EPS by 14c

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Invacare Corp. (IVC) CEO Blouch to Retire

July 24, 2014 6:35 AM EDT

Invacare Corp. (NYSE: IVC) announced that Gerald B. Blouch, President and Chief Executive Officer, will retire effective July 31, 2014. Mr. Blouch also will retire from his position as a member of the Board of Directors at that time. Robert K. Gudbranson, Invacares Senior Vice President and Chief Financial Officer, has been named interim President and Chief Executive Officer, while retaining his role as the Companys Chief Financial Officer.

The Invacare Board of Directors will be launching a comprehensive executive search process to identify a Chief Executive Officer and will retain a leading... More