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Invacare CEO takes medical leave after stroke

Fri, 04/30/2010 - 4:17am
The Associated Press

The chairman and CEO of home medical equipment company Invacare will take a temporary medical leave after suffering a mild stroke, he said Friday.

Aaron Malachi Mixon III said his condition was stable, and doctors have told him he has a good chance at a full recovery.

Invacare said President and Chief Operating Officer Gerald Blouch will take over as interim CEO, and director James Boland will be interim chairman.

Mixon did not say when the stroke occurred.

Mixon has led the company since 1979, when he was part of a group of investors that bought Invacare from Johnson & Johnson.

Blouch has been with Invacare since 1990. He became COO in December 1994 and became president in 1996. Boland has been on the board since 1998 and is the company's lead director.

Invacare Corp. provides medical equipment to more than 25,000 companies from the U.S. to Asia.

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