Navigation Links
Michael Petras, Former CEO of GE Lighting, Named CEO of Cleveland-Based Specialty Medical Supplies Leader
Date:3/7/2011

CLEVELAND, March 7, 2011 /PRNewswire/ -- HGI Global Holdings, Inc., a leading provider of specialty medical products to chronic disease patients, today announced the appointment of Michael B. Petras, Jr. as Chief Executive Officer, effective March 21.

Mr. Petras, 43, joins HGI from GE Lighting, the Cleveland-based $3 billion unit of General Electric Company (NYSE: GE) where he served as President and Chief Executive Officer.  Michael has held general management positions within General Electric since 1995. Since 2005, he has been responsible for multi-billion dollar businesses, managing supply chain, marketing, finance, manufacturing, and engineering and administration functions.  

The CEO role has been vacant since October 2010, when HGI was acquired by Clayton, Dubilier & Rice, LLC (CD&R) and GS Capital Partners. Today's announcement follows the recent promotion of Kurt Packer to the position of President and Chief Operating Officer.

"Michael is a proven business builder with a passion for growing businesses and leading large, complex enterprises to new levels of financial and operating performance excellence," said Paul S. Pressler, Chairman of HGI and an Operating Partner at CD&R. "He is well versed in distribution businesses and will bring to the organization deep sales, marketing and brand management experience."

Mr. Petras said, "HGI is a very dynamic company operating in a large and growing market with a long history of improving the quality of patient care and lowering healthcare costs for patients and managed care organizations.  I look forward to working with the talented HGI team to build on their impressive accomplishments in serving its valued customer network and ultimately those people who depend on the specialty medical products the company distributes."

Prior to leading GE Lighting, Mr. Petras was Presi
'/>"/>

SOURCE HGI Global Holdings, Inc.
Copyright©2010 PR Newswire.
All rights reserved

Page: 1 2 3

Related medicine technology :

1. Michael J. Fox Foundation Awards Up to $3 Million to Industry Teams to Jumpstart Promising PD Drug Development
2. Michael J. Fox Foundation Commits Up to $3 Million for Clinical Trials That Can Improve Treatment of Parkinsons Disease
3. New Michael J. Fox Foundation Initiative Will Drive Development of Web-Based Tools to Increase Patient Participation in Parkinsons Clinical Trials
4. Michael J. Fox Foundation Commits up to $10 Million for Pre-Clinical Drug Development Under Therapeutics Development Initiative
5. Michael J. Fox Foundation Announces $5.6-Million Award for Phase 2 Clinical Trial Studying Neuroprotective Potential of Inosine
6. The Foundation for Biomedical Research Announces Winners of the 7th Annual Michael E. DeBakey Journalism Awards
7. Michael J. Fox Foundation Awards $2.4 Million for Validation of Nine Promising Therapeutic Targets for Parkinsons Disease
8. Michael J. Fox Foundation Awards $2.7 Million for Industry Efforts to Speed New Parkinsons Therapeutics
9. Prepared Remarks of Attorney General Michael B. Mukasey Before the House Judiciary Committee
10. Michael J. Fox Foundation Funds $1.1 Million for Cutting-Edge Approaches to Parkinsons Disease Under Rapid Response Innovation Awards 2008
11. Michael J. Fox Foundation Awards $2 Million for Research on Cognitive and Mood Symptoms of Parkinsons Disease
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:6/1/2015)... 2015  Elusys Therapeutics, Inc. (Elusys) today announced ... accepted for filing and review its Biologics License ... and prevention of inhalational anthrax, a top bioterror ... Anthim is a candidate for future acquisition into ... of critical medical supplies for biowarfare preparedness. Anthim ...
(Date:6/1/2015)... VEGAS , June 1, 2015 A ... make a landmark decision, with billion dollar implications, in ... Attorneys representing patients who suffered severe effects of bladder ... in a Las Vegas courtroom ... a jury decides, not the question of responsibility, but ...
(Date:6/1/2015)... 2015  MicroVention, Inc., a wholly owned subsidiary of ... that it will build its new 205,000 square-foot worldwide ... Aliso Viejo, CA , the city where the ... ceremony to commemorate the start of construction will be ... the site where the new headquarters building will be ...
Breaking Medicine Technology:U.S. Food And Drug Administration Accepts Biologics License Application For Anthim (Obiltoxaximab) 2U.S. Food And Drug Administration Accepts Biologics License Application For Anthim (Obiltoxaximab) 3Landmark Decision Expected In Actos Trial 2MicroVention to Locate Its New 205,000 Square-Foot Worldwide Headquarters At Summit Office Campus in Aliso Viejo 2MicroVention to Locate Its New 205,000 Square-Foot Worldwide Headquarters At Summit Office Campus in Aliso Viejo 3
... 2012  Delcath Systems, Inc. (NASDAQ: DCTH ) ... initial launch and training agreement for the Delcath Hepatic ... Roussy ("IGR"), a leading European cancer center located in ... Company will provide the IGR with logistics and clinical ...
... March 15, 2012 LifeSecure Insurance Company ... shop where caregivers can access quality home care products ... loved ones. LifeSecure,s Caregiver,s Marketplace offers ... aids and home modification tools to medical supplies. It ...
Cached Medicine Technology:Delcath Announces Agreement With Institut Gustave Roussy for Launch of Hepatic CHEMOSAT Delivery System in France 2Delcath Announces Agreement With Institut Gustave Roussy for Launch of Hepatic CHEMOSAT Delivery System in France 3Delcath Announces Agreement With Institut Gustave Roussy for Launch of Hepatic CHEMOSAT Delivery System in France 4LifeSecure Opens Online Caregiver's Marketplace 2
(Date:6/1/2015)... (PRWEB) June 02, 2015 The ... Miriam Wirski as a 2015-2016 inductee into its ... with this prestigious distinction for leadership in business. NAPW ... women, boasting more than 700,000 members and over 200 ... with this prestigious honor,” said NAPW President Star Jones. ...
(Date:6/1/2015)... June 02, 2015 The National ... Cade as a 2015-2016 inductee into its VIP ... this prestigious distinction for leadership in business. NAPW is ... boasting more than 700,000 members and over 200 operating ... this important honor,” said NAPW President Star Jones. “Her ...
(Date:6/1/2015)... 2015 Carson Energy also announced they ... IRA transactions. AdvantaIRA Trust, LLC is the country’s largest ... to fund positions using IRA’s does 2 things:, 1. ... project, even if there current cash position will not ... source for Carson and their investors to be able ...
(Date:6/1/2015)... The Delta Dental Foundation is currently seeking applications ... Ohio and Indiana for its Brighter Futures Community Grants ... been set. , Across the tri-state area, the program ... focus on children’s oral health and $100,000 in grants ... Each grant request will be considered and carefully reviewed ...
(Date:6/1/2015)... June 01, 2015 EBSCO Health ... today introduced DynaMed Plus™ , a cross-platform evidence-based ... professionals. It provides clinicians with the ideal blend of ... care paths. , DynaMed Plus is a significant ... includes the most frequently updated evidence-based content. DynaMed Plus ...
Breaking Medicine News(10 mins):Health News:National Association of Professional Women Inducts Miriam Wirski, Holistic Life Coach, Into its VIP Woman of the Year Circle 2Health News:National Association of Professional Women Inducts Linda Cade, Senior Product Manager at Sage, Into its VIP Professional Woman of the Year Circle 2Health News:Carson Energy Brings Oil Wells To IRAs 2Health News:Brighter Futures Community Grants Program Seeks to Help Fund Local Oral Health Programs 2Health News:EBSCO Health’s New DynaMed Plus™ Delivers Trusted, Evidence-Based Content to Physicians on Any Platform 2Health News:EBSCO Health’s New DynaMed Plus™ Delivers Trusted, Evidence-Based Content to Physicians on Any Platform 3Health News:EBSCO Health’s New DynaMed Plus™ Delivers Trusted, Evidence-Based Content to Physicians on Any Platform 4
... Stereotaxis, Inc. (Nasdaq: STXS ) today reported strong revenue ... expenses and a significant reduction in the net loss for ... 30, 2009. Revenue for the recent third quarter totaled ... the 2008 third quarter. During the quarter, the Company ...
... LLC a wholly owned subsidiary of Superior Global Solutions, Inc. ... announced that it has completed its acquisition of the assets ... of medical documentation and workflow management software based in Marietta, ... top healthcare clients across the US. Under the terms of ...
... ... Texas, is launching a powerful new website complete with the latest tools of the internet. Author ... using his website as an educational resource for visitors seeking treatment for an array of skin ... (Vocus) November 5, 2009 -- ...
... ... developer of intellectual property rights management systems. , ... London, UK (PRWEB) November 5, 2009 -- Rights management ... investor YFM Group., , , , ,Also following their existing investment was the Creative Capital ...
... The ... a reality as Thailand continues to see an increase in medical tourism. With an annual ... of Thailand (TAT) and the Department of Export Promotion (DEP) expects to see two million ... ...
... ... Global Solutions, Inc. a leader in healthcare outsourcing, today announced that it has completed ... provider of medical documentation and workflow management software based in Marietta, Georgia. , ... Plano, TX (PRWEB) November ...
Cached Medicine News:Health News:Stereotaxis Reports 26% Third Quarter 2009 Revenue Growth 2Health News:Stereotaxis Reports 26% Third Quarter 2009 Revenue Growth 3Health News:Stereotaxis Reports 26% Third Quarter 2009 Revenue Growth 4Health News:Stereotaxis Reports 26% Third Quarter 2009 Revenue Growth 5Health News:Stereotaxis Reports 26% Third Quarter 2009 Revenue Growth 6Health News:Stereotaxis Reports 26% Third Quarter 2009 Revenue Growth 7Health News:Stereotaxis Reports 26% Third Quarter 2009 Revenue Growth 8Health News:Superior Global Solutions, Inc. Acquires HTI Technologies, Inc. 2Health News:Houston and New York Cosmetic Dermatologist Paul M. Friedman, MD Launches Expansive New Website 2Health News:Houston and New York Cosmetic Dermatologist Paul M. Friedman, MD Launches Expansive New Website 3Health News:Rights Tracker Completes Fundraising 2Health News:Thailand's Medical Tourism is Booming - Thailand on its Way to Become Asia's Medical Hub 2Health News:Thailand's Medical Tourism is Booming - Thailand on its Way to Become Asia's Medical Hub 3Health News:Superior Global Solutions, Inc. Acquires HTI Technologies, Inc. 2Health News:Superior Global Solutions, Inc. Acquires HTI Technologies, Inc. 3
... The Self-Cath family ... offers patients a variety ... self-catheterization. Each catheter ... medical grade PVC and ...
... family of 100% latex-free ... variety of options for ... catheter is made of ... and has smooth fire ...
Used for intermittent catheterization of a male or female patient to provide drainage of urine from the bladder. Supplied sterile in peel-open packages. Intended for one-time use....
... An indirect immunofluorescence antibody test ... anti-neutrophil cytoplasmic antibodies (ANCA) in human ... sera of patients with necrotizing vasculitides ... to the clinical and other laboratory ...
Medicine Products: