Invacare Corporation Announces New General Manager for Europe Segment

Category:

Tuesday, October 25, 2016 8:45 am EDT

Dateline:

ELYRIA, Ohio

Public Company Information:

NYSE:
IVC

ELYRIA, Ohio--(BUSINESS WIRE)--Invacare Corporation (NYSE:IVC) today announced the appointment of Ralf Ledda to Senior Vice President and General Manager, Europe, Middle East and Africa effective November 1, 2016. Mr. Ledda has over 20 years of proven leadership experience at Alber GmbH, Invacare’s German-based subsidiary that specializes in innovative electromotive technology and power add-on devices used with medical and recreational products. Most recently, he was the managing director of Alber.

''We are pleased to promote Ralf to this important position. At Alber, Ralf has been successful creating an enterprise-wide culture of quality, innovation and customer service excellence. He is well-regarded among our strong European team. Ralf has demonstrated the ability to drive growth, manage a continuous pipeline of novel products through development, and lead a stimulating culture. By becoming the general manager of Europe, Ralf will be in a position to shape the segment in these same areas for many years,'' said Matthew E. Monaghan, chairman, president and chief executive officer of Invacare.

Mr. Ledda joined Alber in 1995. He assumed responsibility for the company when it transitioned from its founding family ownership to Invacare. During his tenure, he has been responsible for all aspects of the company’s operations including overseeing the launch of many innovative devices, including the current Alber® Scalamobil® stairclimbing systems, multiple power assist devices for manual wheelchairs, and Neodrive® technology for e-bicycles. As part of Invacare’s ongoing transformation to focus on clinically complex and post-acute care, the company continues to expand the availability of Alber products.

Mr. Ledda has a degree in industrial engineering from the University of Munich. Prior to joining Alber, Mr. Ledda worked at Siemens AG.

Invacare Corporation (NYSE:IVC), headquartered in Elyria, Ohio, is a global leader in the manufacture and distribution of innovative home and long-term care medical products that promote recovery and active lifestyles. The company has 4,700 associates and markets its products in approximately 100 countries around the world. For more information about the company and its products, visit Invacare's website at www.invacare.com .

Contact:

Invacare Corp.
Lara L. Mahoney, 440-329-6393

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