Biomet Retains Heidrick & Struggles and The McLoughlin Company to Assist in CEO Search.WARSAW, Ind. -- Biomet Inc. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :BMET BMET Biomedical Engineering Technology BMet Bachelor of Metallurgy BMET Bio-Medical Equipment Repair Technician ) today announced that it has retained the services of Heidrick & Struggles, one of the world's premier executive search and leadership consulting firms, and The McLoughlin Company, an advisor on institutional management, to conduct a global search for candidates to serve as Biomet's President and Chief Executive Officer. Dane A. Miller, PhD, resigned from the position of President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. on March 27, 2006, at which time Daniel P. Hann assumed the role of Interim President and CEO. The Board of Directors will carefully consider both internal and external candidates in its search for a new President and CEO. It is pleased to partner with respected, top-level firms like Heidrick & Struggles and The McLoughlin Company. Their use of best management practices, their global reach and depth of experience in the medical devices industry will help ensure a smooth transition to the next era of leadership. Leading the search team from Heidrick & Struggles are William A. Matthews, Partner, Atlanta, and David L. Vied, Partner, Los Angeles Los Angeles (lôs ăn`jələs, lŏs, ăn`jəlēz'), city (1990 pop. 3,485,398), seat of Los Angeles co., S Calif.; inc. 1850. . Paul McLoughlin represents The McLoughlin Company. About Heidrick & Struggles International, Inc. Heidrick & Struggles International, Inc. (NASDAQ:HSII) is the world's premier provider of senior-level executive search and leadership consulting services, including talent management, board building, executive on-boarding and M&A effectiveness. For more than 50 years, the Years, The the seven decades of Eleanor Pargiter’s life. [Br. Lit.: Benét, 1109] See : Time company has focused on quality service and built strong leadership teams through their relationships with clients and individuals worldwide. Today, their leadership experts operate from principal business centers in North America, Latin America, Europe and Asia Pacific. For more information about Heidrick & Struggles, visit www.heidrick.com. About The McLoughlin Company The McLoughlin Company is a sole proprietorship A form of business in which one person owns all the assets of the business, in contrast to a partnership or a corporation. A person who does business for himself is engaged in the operation of a sole proprietorship. providing a broad range of advisory services advisory services advisory services provided to the public, in their capacity as owners and managers of animals, are an important part of veterinary science. They may be provided by government bureaux, by commercial companies who deal in pharmaceuticals or animals or animal to boards, CEOs and senior executive teams at corporations, not-for-profit institutions, and financial service firms with focus on senior management, marketing, and technology. For more information about The McLoughlin Company visit www.themcloughlincompany.com. About Biomet, Inc. Biomet, Inc. and its subsidiaries design, manufacture and market products used primarily by musculoskeletal musculoskeletal /mus·cu·lo·skel·e·tal/ (-skel´e-t'l) pertaining to or comprising the skeleton and muscles. mus·cu·lo·skel·e·tal adj. Relating to or involving the muscles and the skeleton. medical specialists in both surgical and non-surgical therapy. The Company's product portfolio encompasses reconstructive products, including orthopedic joint replacement devices, bone cements and accessories, and dental reconstructive implants; fixation products, including electrical bone growth stimulators, internal and external orthopedic fixation devices, craniomaxillofacial implants and bone substitute materials; spinal products, including spinal stimulation devices, spinal hardware and orthobiologics; and other products, such as arthroscopy Arthroscopy Definition Arthroscopy is the examination of a joint, specifically, the inside structures. The procedure is performed by inserting a specifically designed illuminated device into the joint through a small incision. products and softgoods and bracing products. Headquartered in Warsaw, Indiana, Biomet and its subsidiaries currently distribute products in more than 100 countries. |
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