Invacare adds to board, declares quarterly dividend

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Tuesday, August 22, 2017

ELYRIA, Ohio – Invacare has appointed Barbara Bodem to its board of directors, the company announced Aug. 21. Bodem has served as senior vice president of finance for Mallinckrodt, a global specialty pharmaceutical company, since October 2015. Invacare says Bodem brings “strong finance, senior management and industry expertise” to the board. The company now has eight directors, seven of whom are considered independent. The board recently declared a cash dividend of $.0125 per share of its common shares and $.011364 per share on its Class B common shares payable Oct. 16, 2017, to shareholders of record on Oct. 5, 2017.