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Greatbatch Appoints New CFO And CTO To Advance Medical Device And Systems Strategy

Stocks in this article: GB

Greatbatch, Inc. (NYSE: GB) - In support of further advancing its medical device and systems strategy, Greatbatch, Inc. today announced the appointment of Michael Dinkins as senior vice president and chief financial officer (CFO) and Daniel R. Kaiser, Ph.D., as vice president and chief technology officer (CTO).

CFO and Related Appointments

Mr. Dinkins has compiled nearly two decades of senior leadership roles with publicly-traded organizations. He was most recently the executive vice president and CFO for USI Holdings Corporation, the insurance and risk management intermediary. He previously served as the executive vice president and CFO of Hilb Rogal & Hobbs Co. and as vice president, Global Control & Reengineering for Guidant Corporation. He was elected to the Greatbatch Board of Directors in 2008, and will resign the seat when he assumes the CFO position.

“Taking into account our strong business performance coupled with even greater opportunity on the horizon, it’s the ideal time to further strengthen our talented financial leadership group,” said Greatbatch President and Chief Executive Officer, Thomas J. Hook. “Mike has provided consistent leadership and guidance as a member of our Board. We will now be able to more fully leverage his broad management skills and significant financial experience as an Executive Leadership Team member.”

Tom Mazza, who has served as the company’s chief financial officer since 2005, will transition to a role as vice president and corporate controller, and principal accounting officer. “We couldn’t have grown the company to its present state without the leadership of Tom, who will continue to be a key member of our leadership team,” Hook added. “In his new role, Tom will lend his insights, financial expertise and industry knowledge to support our long term corporate strategies.”

“Considering that the company is coming off a very good year with strong results and positive momentum, it’s an opportune time to bolster our team,” said Mr. Mazza. “We’re so fortunate to be joined by an executive of Mike’s caliber, and I look forward to working closely with him through the transition and in my new role.”

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