This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Patterson Companies Announces Resignation Of Head Of Medical Business

Patterson Companies, Inc. (Nasdaq: PDCO) today announced the resignation of David P. Sproat, president of the Patterson Medical Supply, Inc. unit, effective February 15, 2013. Scott P. Anderson, Patterson Companies president and chief executive officer, will assume the leadership of the medical business on an interim basis until a successor is named. The process to identify the new president of Patterson Medical will begin immediately; Patterson will look to fill the position in the first half of its upcoming fiscal year.

Anderson commented, “We want to thank Dave for his 16 years of service to Patterson. He has been a strong leader in both our dental and medical businesses. We understand his desire to become chief executive of a stand-alone business, and wish him the very best at his new company. We look forward to continuing to work with Dave when he joins Young Innovations, Inc., one of our suppliers.”

He added, “Dave has built a very capable team at Patterson Medical and a business with the reputation as the world’s leading distributor of rehabilitation and sports medicine products. As we make a leadership transition, I want to assure our therapist and trainer customers that we will continue to provide the quality products and high level of service that they expect and appreciate. In the interim, I look forward to working with our medical team closely, in addition to my responsibilities as Patterson Companies president and chief executive officer.”

Sproat said, “It has been my pleasure to be part of Patterson Companies’ growth over the past 16 years. I take with me many fond memories, life lessons and personal relationships. I cherish those memories, appreciate the lessons and look to grow the relationships. I sincerely wish all the great people at Patterson continued success.”

About Patterson Companies, Inc.Patterson Companies, Inc. is a value-added distributor serving the dental, companion-pet veterinarian and rehabilitation supply markets. Dental MarketAs Patterson’s largest business, Patterson Dental provides a virtually complete range of consumable dental products, equipment and software, turnkey digital solutions and value-added services to dentists and dental laboratories throughout North America. Veterinary MarketPatterson Veterinary is a leading distributor of consumable veterinary supplies, equipment and software, diagnostic products, vaccines and pharmaceuticals to companion-pet veterinary clinics. Rehabilitation MarketPatterson Medical is the world’s leading distributor of rehabilitation supplies and non-wheelchair assistive patient products to the physical and occupational therapy markets. The unit’s global customer base includes hospitals, long-term care facilities, clinics and dealers.

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
AAPL $94.27 0.00%
FB $101.00 0.00%
GOOG $684.12 0.00%
TSLA $143.67 0.00%
YHOO $27.10 0.00%


Chart of I:DJI
DOW 15,914.74 -99.64 -0.62%
S&P 500 1,851.86 -0.35 -0.02%
NASDAQ 4,283.5920 +14.8290 0.35%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs