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Boston Scientific Names Michael F. Mahoney as Company President, Announces CEO Transition Plan
Date:9/13/2011

.  As Worldwide Chairman, Medical Devices and Diagnostics for Johnson & Johnson, Mahoney has been responsible for leading the largest medical device business in the industry.  Prior to assuming this position in January, 2011, Mahoney served as Worldwide Company Group Chairman of the DePuy franchise, a leading global orthopedics and neuro-sciences business.  In this role, which he held from 2007 through 2010, Mahoney drove a successful growth strategy via product innovation, multiple acquisitions, and international expansion, particularly in China and India.  From 2001 to 2006, Mahoney served as President and Chief Executive Officer of Global Healthcare Exchange (GHX), a leading provider of supply chain solutions and services that bring together hospitals, manufacturers, distributors and GPOs.  Mahoney began his career at General Electric Medical Systems, where he spent twelve years successfully leading various GE Medical Systems business units in diagnostic imaging, Cardiology, and Healthcare Information technology.  Mahoney earned a Finance degree from the University of Iowa and an M.B.A. from Wake Forest University."Mike is a dynamic, seasoned leader and we enthusiastically welcome him into the Boston Scientific family," stated Pete Nicholas, Chairman of the Board and Co-Founder, Boston Scientific.  "He is intensely passionate about innovation and people, and creates and encourages a team environment that results in superior performance.  This, combined with Mike's significant international experience made him the best choice for this critical role," continued Nicholas.

As President, Mahoney's initial responsibilities will focus on the oversight of Cardiac Rhythm Management (CRM) and Endoscopy (GI and Pulmonary), as well as numerous corporate functions.  On August 1, 2012, Mahoney will assume responsibility for Neuromodulation.

"I have great respect for Boston Scientific and its position as a market-le
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SOURCE Boston Scientific Corporation
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