Welch Allyn appoints new president and CEO

Executive vice president and chief global business officer Stephen F. Meyer will take the reins in April

— Welch Allyn, a leading global provider of medical diagnostic products and solutions, announced Thursday it has appointed Stephen F. Meyer president and chief executive officer, effective April 16, 2012.

Meyer enters this new role having previously served as executive vice president and chief global business officer, responsible for overseeing and advancing Welch Allyn’s global customer-facing efforts, as well as delivering revenues internationally.

“We are excited to have Steve take over the helm of Welch Allyn,” said Eric Allyn, co-chair of the Board of Directors for Welch Allyn. “Steve knows and understands our products and markets and is an excellent fit with the values that have been the cornerstone of Welch Allyn for almost 100 years. He has a track record of growing profitable businesses and proven leadership capabilities which make Steve an outstanding choice to take Welch Allyn to the next level of performance excellence.”

Meyer replaces Julie Shimer, who announced in January her intent to retire in 2012, allowing time for a successor to be named and ensuring a smooth transition for the new CEO.

Shimer’s career at Welch Allyn began in 2002 when she joined the company’s Board of Directors and was subsequently appointed President and CEO in 2007.

“Julie played an important role in our company's history, particularly as we moved from a third generation of owner/operators to a company led by fourth generation shareholders, and managed by non-family members,” said Dr. Peer Soderberg, co-chair of the Board of Directors for Welch Allyn. “Julie brought a great vision to Welch Allyn, and we are confident that Steve will continue to build upon this strategy.”

Meyer is a native of Alma, Mich. He began his career at Welch Allyn in 1981 as a sales representative in Detroit. Over the last 30 years, Meyer has held a series of senior leadership roles in a variety of capacities from international sales and marketing to product development and general management including president of Welch Allyn’s North American business, which provided the foundation for his previous role as chief global business officer.

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