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

a proven ability to build strong teams that are focused on executing effective growth strategies," stated Kucheman.  "He and I have known each other for some time.  We share the same philosophy about people, the importance of team execution, results orientation, and technology innovation that meets the needs of the customers we serve.  We have a proven track record of working effectively with each other in the past, and will continue this legacy of collaboration," continued Kucheman.

Elliott stated, "Hank's outstanding leadership ability, medical device experience and real world understanding of the complex international marketplace complement Mike's background and experience.  I have no doubt Mike and Hank will work well together in their respective roles to continue driving the Company's innovation and growth and increase the shareholder value of Boston Scientific."  

"During his tenure as President and CEO, Ray has refocused the Company's business model, significantly restructured and strengthened the organization, reduced the Company's risk profile, and created a five-year strategic plan, POWER, designed to successfully address the future global healthcare landscape and restore the Company's historic financial performance," stated Nicholas.  "Ray accomplished this through extraordinary leadership, and I am pleased the Board will continue to benefit from his energy, passion and intelligence."About Boston ScientificBoston Scientific is a worldwide developer, manufacturer and marketer of medical devices whose products are used in a broad range of interventional medical specialties.  For more information, please visit: www.bostonscientific.com.  

Cautionary Statement Regarding Forward-Looking InformationThis press release contains forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934.  Forward-looking st
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SOURCE Boston Scientific Corporation
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