OM announces leadership changes

RICHMOND, Va. – Owens & Minor has appointed Andrew Long as executive vice president, CEO, Products & Healthcare Services segment, replacing Jeffrey Jochims, who will be leaving the company. Long has served as executive vice president and CFO since joining Owens & Minor in 2019. “Andy has been a great leader at Owens & Minor and I am looking forward to having Andy in this role where his skillset will help drive the Products & Healthcare Services segment to a stronger future,” said Edward Pesicka, present and CEO. “Andy is well prepared for these new responsibilities and has a track record of success - building a world-class finance organization, leading and strengthening our IT capabilities and developing and deploying the Owens & Minor Business System.” In addition, Alexander Bruni has been promoted to executive vice president and CFO, replacing Long. “Alex has successfully served as the operating CFO of each segment as well as leading our corporate FP&A function,” sad Long. “This broad experience has given Alex a view across the entire organization and a deep understanding of the global enterprise, preparing him very well for this new role.” OM has also updated its earnings guidance for 2022 and now expects adjusted net income per share to be in the range of $2.50-$2.60 for the full year and adjusted EBITDA to be in the range of $527 million to $537 million. Previous full year guidance for adjusted net income per share was in the range $2.85-$3.15 and previous full year guidance for 2022 adjusted EBITDA was $570 million to $610 million.