Invacare promotes Leneghan to CFO

Friday, February 23, 2018

ELYRIA, Ohio – Invacare has appointed Kathleen Leneghan as senior vice president and CFO, replacing Rob Gudbranson, who resigned in November. “I look forward to partnering with Matt and progressing our transformation,” she said. “We have a significant opportunity to demonstrate sustained clinical value and generate profitable growth, and, in turn, create long-term shareholder value.” Leneghan had been serving as interim CFO since November. Prior to her promotion, she was vice president and corporate controller since 2003. Leneghan has been with Invacare for 27 years, serving in various financial roles in both North America and Europe. In other news, Invacare has declared a cash dividend of $.0125 per share on its common shares and $.011364 per share on its Class B common shares payable April 18, 2018, to shareholders of record on April 4, 2018.