Mal Mixon passed away
By HME News Staff
Updated Wed December 2, 2020
CLEVELAND - Mal Mixon, the former president, CEO and chairman of Invacare, passed away on Nov. 30 at the age of 80. Mixon led a leveraged buyout of Invacare in 1979, growing the company at its peak to $1.4 billion in revenues and 6,000 associates. He retired in 2010. "Mal was a pioneer in our industry who helped so many people," said Matt Monaghan, chairman, president and CEO of Invacare. "He led in growth and innovation. He was a tireless advocate of the industry and supporter of pioneers everywhere. He was an especially strong ally of all those who rely on our products to 'make life's experiences possible.' We recognize his tremendous impact and decades of dedication to making Invacare the sucess it is today." Mixon grew up in Spiro, Okla., attended Harvard, became a Marine, returned to Harvard and worked for numerous companies for 10 years before buying Invacare. While at Invacare, he served as chairman of the Cleveland Clinic Board of Trustees and the Cleveland Institute of Music. He was also an entrepreneur (he started and supported a number of companies, including STERIS and Royal Appliance Manufacturing Company) and was a founding investor in MCM Capital Partners. Mixon received many business and philanthropic awards over the years, including a Lifetime Achievement Award from the Cleveland Chapter of the Association for Corporate growth and Master Entrepreneur of the Year by Inc. Magazine.
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