Tag: Geoffrey Purtill
Invacare files for bankruptcy, enters restructuring agreement
February 1, 2023HME News Staff
ELYRIA, Ohio – Invacare and two of its U.S. based subsidiaries have filed Chapter 11 cases in the U.S. Bankruptcy Court for the Southern District of Texas, the company announced today.
The company does not anticipate the filings will impact its ability to manufacture and deliver products to its customers globally, and says its other businesses throughout the world remain strong and are not included in the filings.
The filings are part of a restructuring support agreement (RSA)...
New CEO aims to restore confidence in Invacare
September 30, 2022Liz Beaulieu, Editor
ELYRIA, Ohio – Geoffrey Purtill, Invacare’s interim president and CEO, is the type of leader who keeps finding himself in turnaround situations and his current appointment is no different.
Purtill, who was named by the board of directors to replace Matt Monaghan in late August, has also led – and still does lead – the company’s Europe/Middle East/Africa and Asia Pacific businesses.
“When I took over APAC, it didn’t have the proper foundation...