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Invacare names new CFO

Invacare has appointed Robert Gudbranson to the position of senior vice president and CFO, effective April 1, 2008.

In his new role Mr Gudbranson will be responsible for all aspects of Invacare’s finance, treasury, internal audit, investor relations, and information technology functions. Mr Gudbranson replaces Gregory Thompson who resigned as Invacare’s CFO in February 2008 to join Georgia Gulf.

Most recently, Gudbranson served as vice president of strategic planning and acquisitions for Lincoln Electric Holdings, a $2 billion global manufacturer of welding, brazing and soldering products located in Cleveland, Ohio. He holds a bachelor of arts degree in applied mathematics from Yale University and a master of arts in politics and economics from Oxford University.

Malachi Mixon, III, chairman and CEO of Invacare, said: “Mr Gudbranson’s extensive background in strategic planning and business development, as well as his previous financial experience with Invacare, will be instrumental in helping guide Invacare as we work toward our growth agenda for 2008 and beyond.”