We have announced that David R. Myers, Vice President of National Accounts, Owens & Minor, has been elected to the Bellwether League Foundation’s Hall of Fame Class of 2022 for Healthcare Supply Chain Leadership to honor his outstanding accomplishments and contributions to the industry.

The Bellwether Foundation League recognized Myers based on his history of challenging industry norms by championing a customer-first philosophy, his successes in driving supply strategies that include all stakeholders, and his innovation and leadership in strategic relationships. In his current role with Owens & Minor, Myers continues this approach, helping to drive strategic decisions for healthcare customers that add value and resiliency across the supply chain. Previously, Myers served as the company’s chief procurement officer, during which he developed a new service and partnered with suppliers to source high-quality PPE for customers throughout the pandemic – advancing industry partnership and transparency among customers, GPOs, associations, and suppliers.

“We join the Bellwether League Foundation in celebrating Dave for his remarkable contributions and dedication to innovation and collaboration,” said Edward A. Pesicka, President and Chief Executive Officer, Owens & Minor. “His innate talents in bringing industry stakeholders together and success in enhancing value and transparency for our customers continues to have a positive impact on our efforts to drive our mission forward.”

Prior to Owens & Minor, Myers spent 20 years at Seneca Medical, now Concordance Healthcare Solutions, where he held the position of president and chief operating officer. He has been active in the Health Industry Distributors Association (HIDA) for more than two decades, serving in various capacities on its board of directors, including as a current board member and former chairman, and in 2019 receiving HIDA’s John F. Sasen Leadership Award. In addition, Myers provides supply chain and leadership guidance as a board member for manufacturer Webster Industries and is an established thought leader whose expertise is routinely sought after by higher education institutions and industry associations across the country.

Myers joins several past Owens & Minor alumni in being honored by the Bellwether Foundation League for exemplary achievements, leadership, and performance in the healthcare supply chain industry. Previous Owens & Minor honorees include Chair Emeritus G. Gilmer Minor III, former President, and Chief Executive Officer, Henry Berling, former Executive Vice President, Jamie Kowalski, former Vice President, and Mark Van Sumeren, former Senior Vice President.

On Monday, Oct. 3, Myers will join seven other 2022 honorees for induction into the Hall of Fame at the 15th Annual Bellwether League Foundation Induction & Recognition event in Milwaukee.

Today we have closed the previously announced acquisition of Apria, Inc. The acquisition was consummated for total consideration in cash of approximately $1.6 billion. The purchase was funded with a combination of debt and cash on hand.

The transaction combines the strength of Owens & Minor’s existing Byram Healthcare business with Apria to create an enhanced experience for the patient, provider and payor. The combined entity will create:

  • One of the broadest portfolios of complementary products to service patients with chronic and non-chronic conditions
  • An expanded product delivery and distribution model

“We are excited to finalize the acquisition and for Apria to become part of Owens & Minor,” commented Edward A. Pesicka, President and Chief Executive Officer, Owens & Minor. “Apria is a perfect complement to our Byram business. This portfolio expansion strengthens Owens & Minor’s position in the fast-growing home health industry and enhances our ability to support healthcare beyond the hospital for both new and existing patients.”

Apria will be combined with Owens & Minor’s existing Byram Healthcare business to form the new Patient Direct segment. This new segment creates a robust commercial team with greater access to patients across a wider geographic footprint. It also expands Owens & Minor’s home healthcare portfolio to cover an unmatched range of chronic and acute care needs including diabetes, ostomy, incontinence, wound care, home respiratory, obstructive sleep apnea and negative pressure wound therapy. The company will leverage its existing market reach and expertise in the hospital setting to create a more efficient, single-source home healthcare delivery and distribution model to support patients as their care transitions from the hospital into the home.

Daniel J. Starck, who has served as Chief Executive Officer for Apria since 2015, has joined Owens & Minor and will lead the new Patient Direct segment.

“We look forward to unleashing the full potential of our teammates in the new Patient Direct segment to achieve even better clinical connectivity between the patient, the provider and the payor,” said Daniel J. Starck, Executive Vice President, President-Patient Direct, Owens & Minor.

“Owens & Minor continues to build momentum in the healthcare industry, expanding our Americas-based PPE and surgical product manufacturing and now accelerating our leadership position in home healthcare,” added Pesicka. “We welcome our newest teammates from Apria and look forward to continued success in our Mission of Empowering Our Customers to Advance Healthcare.”

Beginning in the first quarter of 2022, Owens & Minor will change its reporting structure to reflect the company’s go-to-market approach. The two legacy segments will be replaced with two new segments: Patient Direct and Products & Healthcare Services. Patient Direct will be a combination of Byram and Apria, while Products & Healthcare Services will be a combination of the global products, medical distribution and services businesses. The company will release a historical recast of 2021, by quarter, ahead of reporting first quarter 2022 earnings.

Evercore acted as the lead financial advisor and J.P. Morgan Securities LLC acted as financial advisor to Owens & Minor in connection with this acquisition. Owens & Minor’s legal advisor is Kirkland & Ellis LLP.

Goldman Sachs & Co. LLC acted as the lead financial advisor and Citigroup Global Markets Inc. acted as financial advisor to Apria in connection with the acquisition. Apria’s legal advisor is Simpson Thacher & Bartlett LLP.

 

Owens & Minor made a donation of medical-grade personal protective equipment (PPE) including exam gloves, masks, and isolation gowns to support medical care in humanitarian relief efforts in Ukraine. The total value of the donation is approximately $500,000.

Owens & Minor teammates, recognizing the urgency of the need in Ukraine, coordinated across multiple distribution centers, including Chicago, Pittsburgh and Philadelphia, to fast-track packaging and shipping. These efforts made it possible to expedite the transfer of more than 30 pallets of PPE—the equivalent of two full truckloads of products—for delivery and distribution in Ukraine and other impacted countries via a global non-profit partner.

“Owens & Minor is proud to support the hard work of healthcare providers in and around Ukraine who are working in extraordinary and tragic circumstances to provide patient care,” said Jeff Jochims, EVP, Chief Operating Officer and President, Products and Healthcare Services, Owens & Minor. “This is just one more example of how the drive and passion of our teammates helps us deliver on our unyielding commitment to support healthcare whenever and wherever it’s needed most.”

The donation was made through a collaboration with MedShare, a humanitarian aid organization that directly sources and delivers available medical supplies and equipment to communities in need around the world. MedShare is currently mobilizing a special effort to provide aid to Ukraine.

“MedShare is focused on providing immediate relief and support to the Ukrainian people in response to the international health crisis unfolding before our eyes. Our long-standing partnership with Owens & Minor allows us to act fast and meet these critical needs in Ukraine and surrounding areas,” commented Charles Redding, CEO and President of MedShare. “We’re grateful for Owens & Minor’s generous support as we work to help Ukraine in this rapidly shifting crisis.”

Valuing talent, tenacity and trailblazing to advance healthcare

 

Owens & Minor today announced that two members of its board of directors, Aster Angagaw and retired U.S. Army Lieutenant General Gwendolyn Bingham, have earned inclusion in Savoy Magazine’s list of 2021 Most Influential Black Corporate Directors. The listing, typically released every five years, revealed the latest distinction on Oct. 27, in the magazine’s fall edition.

Their selection places Gen. Bingham and Angagaw in the prestigious company of Black directors serving on the boards of public companies and highlights Owens & Minor’s commitment to bring diversity of perspective to its organization.

“We join Savoy in celebrating Gwen and Aster’s latest distinction and appreciate these leaders’ voices. Their wealth of experience helps Owens & Minor deliver now and into the future on our Mission of Empowering Our Customers to Advance Healthcare,” said Mark Beck, chairman of the board of directors for Owens & Minor.

Bingham, a retired three-star U.S. Army Lieutenant General, brings a broad range of executive experience in strategic leadership and planning, as well as talent and resource management. She most recently served as Department of the Army Assistant Chief of Staff for Installation Management, where she provided policy, programs, and resourcing expertise for installation infrastructure and services for 156 Army installations worldwide. She lends stewardship on the board’s Compensation and Benefits Committee, the Executive Committee and the Governance and Nominating Committee.

Angagaw has a strong track record in transformational growth with extensive experience leading diverse global teams. Most recently, she served as President of ServiceMaster Brands, until its acquisition in October 2020. Prior to that, she spent 18 years at Sodexo, where she held a variety of leadership positions, including Senior Vice President, Global Head of Sales and Business Development, Healthcare, and Group Vice President, Global Transformation, before being named Chief Executive Officer, Healthcare North America division in 2016. She currently serves on the board’s Governance and Nominating Committee.

“Gwen and Aster have lived and led through incredible organizational transformations. We recognize their innate ability and talent, and value their contributions to the Owens & Minor Board of Directors and our business,” said Ed Pesicka, President and CEO of Owens & Minor.

The full 2021 Most Influential Black Corporate Directors listing can be accessed online exclusively at www.savoynetwork.com/, where the issue is also available for purchase.

About Savoy Magazine

Savoy Magazine is a quarterly, national publication covering the power, substance, and style of African American lifestyle. From business to news, sports to entertainment, design to technology, Savoy is a cultural catalyst that highlights timely topics and drives positive dialogue on and about Black culture. Connect with Savoy: Twitter – www.twitter.com/savoynetwork, Facebook – www.facebook.com/savoymagazine, LinkedIn – www.linkedin.com/company/savoy-magazine.

In accordance with the adjusted timing of the annual Healthcare Supplier Diversity Alliance (HSDA) Conference, now taking place virtually December 16, 2021, Owens & Minor announced today that nominations for the Earl G. Reubel Awards will be accepted through November 26, 2021. Award categories include Civic Leadership, Large Corporate Leadership, and Diversity Enterprise.

For each category, consideration will be given to individuals and organizations that represent diverse and underrepresented populations and that demonstrate entrepreneurship, civic engagement, or professional service leadership and that actively impact healthcare delivery or community wellness.

The Earl G. Reubel Awards, established by Owens & Minor in 2012, are named in honor of the late Earl G. Reubel, the entrepreneur who founded Kerma Medical Products and shaped it into one of the largest veteran-, minority-owned medical supply companies in the country. Based in Suffolk, Va., the family-owned Kerma Medical Products has earned state and national accolades in the healthcare and business community and has been one of Owens & Minor’s largest minority suppliers for 30 years.

“In a time of progress across the healthcare industry, Owens & Minor’s commitment to diversity remains unwavering,” said President & CEO Ed Pesicka. “We are proud to continue to recognize and elevate the companies and individuals that also aspire to Earl G. Reubel’s legacy of excellence in healthcare supplier diversity.”

Learn more about Owens & Minor’s commitment to supplier diversity and use this link to submit nominations for the Earl G. Reubel Awards by no later than November 26, 2021.

Owens & Minor has announced the launch of the Owens & Minor Foundation, which is committed to building healthier communities through engagement and financial support of trusted charitable and civic organizations. The three primary areas of focus are Healthcare, Environment, and Diversity and Inclusion (D&I).

“We’re incredibly excited to announce this extension of Owens & Minor’s longstanding commitment to supporting and improving the communities in which we operate through the Owens & Minor Foundation,” said Edward A. Pesicka, President and CEO of Owens & Minor. “At Owens & Minor, we continuously seek ways to serve our humble Mission of Empowering Our Customers to Advance Healthcare, and our efforts are guided by our IDEAL Values of integrity, development, excellence, accountability and listening. Our new Foundation furthers the long-time commitment of Owens & Minor, which for decades has been a champion of supporting small, diverse and minority-owned businesses in the healthcare industry. Through the O&M Foundation, we will proactively support broader healthcare availability to all communities, the promotion of D&I opportunities, and the protection of the environment.”

The Owens & Minor Foundation is dedicated to impacting and empowering communities through:

  • Advancing healthcare access in all communities and supporting opportunities for people to lead healthier lives;
  • Long-established operational sustainability initiatives that help improve the overall health of the environment;
  • Building a diverse and inclusive culture that includes an open space where teammates learn with and from one another; and,
  • Increasing support of supplier diversity initiatives, an area in which Owens & Minor has a proven track record of success and recognition in healthcare.

The Foundation will pursue its endeavors through grants, charitable contributions, volunteer activities, and donations, and is supported by an initial endowment of $10 million.

“The Foundation will allow Owens & Minor to reinforce and prioritize its support of important initiatives in the communities in which it operates,” stated Shana Neal, EVP, and Chief Human Resources Officer at Owens & Minor and President of the Foundation. “The creation and funding of the Foundation will build on the strong legacy of service on which Owens & Minor has established itself and will provide a solid grounding for continued support long into the future.”

Contact

Heather Sabharwal, Sr. Manager, Media Relations, media@owens-minor.com

This month, Virginia Business Magazine launched its inaugural publication THE BIG BOOK, the magazine’s “compendium of who’s who, who’s big and who’s influencing the economy of the commonwealth.” Owens & Minor President & CEO Ed Pesicka was highlighted as one of the most influential Virginians.

Virginia Business Magazine specifically noted Pesicka’s leadership throughout the COVID-19 pandemic as Owens & Minor rapidly accelerated production of critical Personal Protective Equipment. Click here to read the full feature.

Richmond Magazine recently showcased Owens & Minor as a Fortune 500 company with deep roots in Richmond playing a key role in fighting COVID-19. The article covers Owens & Minor’s history in the region as well as its rapid response to the pandemic.

President & CEO Ed Pesicka is quoted about the Company’s continued commitment to supporting customers in an evolving industry landscape:

“As the needs of the health care industry continue to evolve, Owens & Minor knows that supply chain resiliency and continuity of supply is critical to our customers,” Pesicka said in an email statement. “Owens & Minor’s Americas-based manufacturing enables us to provide this increased resiliency as we continue to ramp up our PPE production.”

Click here to read the full piece from Richmond Magazine.

Owens & Minor extends heartfelt condolences to the family and friends of Henry Berling, who passed away on February 9, 2021.

Henry began his career with Owens & Minor in 1966, and played a pivotal role as the Company expanded its services and capabilities. In his 40 years with the Company, he earned a reputation for his commitment to integrity and ingenuity.

“Henry’s remarkable contributions to this Company are present in the way we’re continuing to provide innovative solutions for our healthcare customers in an ever-changing industry,” said Ed Pesicka, President & CEO, Owens & Minor. “I’m proud to continue his open-door approach to leadership and customer service.”

Owens & Minor’s Chairman Emeritus and former CEO, Gil Minor, also offered his respects. “I met Henry in 1965.  The occasion turned out to be historic. Henry’s father and my father sat down and signed papers that merged Owens & Minor with A&J Surgical Supply, the Berling’s family company. This marked a new beginning of our modern-day company. No one contributed more to our success than Henry. I loved the guy, the industry loved Henry, our customers loved Henry and our teammates loved Henry. He and I spent many hours on the road calling on customers and suppliers where Henry was so respected. Words aren’t adequate to describe what Henry meant to O&M, and what O&M meant to him.

“Some characteristics of Henry were his integrity, his loyalty, his work ethic, his wisdom and his always bright vision of the future. To anyone who knew him, he was an individual who you would want to follow into battle, and he would always be there, leading, for his company, for his family, for his customers, for his teammates and always respecting our competition. Farewell dear friend, you will live in our hearts forever.”

Obituary from Richmond Times-Dispatch 

Owens & Minor is proud to honor Vicky Lyle, VP, Industry Associations, who in January 2021 was named Chair of Professional Women in Healthcare (PWH®). Vicky is also the sponsor of Owens & Minor’s Teammate Resource Group for women, which works to provide space resources, and support for women across the organization.

The January issue of the PWH Connect newsletter features a message from Vicky about her priorities for the organization in the coming year, which includes a focus on inclusivity. She writes: “My vision for PWH® this year is focused on connection and understanding. Now more than ever, it’s essential that we build an inclusive industry that’s equally led by women so that we can collectively work together to drive innovation and excellence in healthcare.”

Click here to access the publication and read the full message from Vicky.

Today, Edward Pesicka, President and CEO of Owens & Minor, a leading manufacturer of HALYARD* branded Personal Protective Equipment (PPE), welcomed the announcement from President Biden of the National Strategy for the COVID-19 Response and Pandemic Preparedness.

“Thank you, President Biden,” said Pesicka. “When Americans mask up during this crucial phase in the pandemic, we want them to reach for a Made in America mask and other PPE whenever possible. Our 15,000 teammates have been working continuously throughout the pandemic to answer the call of our country. We welcome President Biden’s thoughtful and comprehensive approach to combating this pandemic and we look forward to working with the administration.”

As one of the world’s largest vertically integrated manufacturers of a full range of healthcare PPE, and a leading distributor of medical supplies, Owens & Minor delivered more than 12 billion PPE units in the United States in 2020. Owens & Minor owns and operates an Americas-based manufacturing footprint – manufacturing our own raw materials in North Carolina and converting that raw material into N95 respirators, isolation gowns, surgical gowns, ear loop masks, and other PPE in its own plants in Texas, Mexico, and Honduras. Owens & Minor is also one of the very few U.S. companies to manufacture nitrile gloves at large scale within its own factory in Southeast Asia. “We offer our large-scale manufacturing expertise to the administration,” added Pesicka.

In 2020, Owens & Minor made significant investments in capital, operational efficiency, rate of operation, and expanded its workforce to ramp up production and delivery of PPE. These investments were supplemented by a Technology Investment Agreement (TIA) from the U.S. Department of Defense (DoD).

As a result of these combined efforts, Owens & Minor achieved:

  • More than 1000% increase in N95 respirator production at three Americas locations
  • Nearly 100% increase in surgical and procedure mask production
  • More than 600% increase in face shields production
  • A 300% increase in isolation gown production

Owens & Minor was also selected as one of five companies to work with the Department of Health and Human Services (HHS) to produce approximately 600 million N95 respirator masks for the U.S. market.

For the past 20 years, global healthcare manufacturer’s HALYARD-branded product line of masks and N95 respirators has ranked at the top of the facial protection market.

As the United States prepares to enter flu season under the persistent COVID-19 pandemic, Owens & Minor (NYSE: OMI), the nation’s leading producer of medical-grade facial protection products, continues to increase production and invest in its capacity to provide frontline workers with procedure masks and N95 respirators.

“At the onset of the COVID-19 pandemic, Owens & Minor acted with urgency and investment to deliver an increased supply of facial protection products, including procedure masks and N95 respirators,” said Edward A. Pesicka, President and CEO of Owens & Minor. “We are laser-focused on providing the highest quality products that are specifically designed for medical staff and essential workers. Frontline workers need protection now, and we are working tirelessly to meet that need.” 

Since February, Owens & Minor has acted across four key categories and is poised to help support the nation’s critical facial protection needs:

• Surgical N95 Respirators: Over 1000% increase in N95 production at three Americas locations, including additional manufacturing assets in Del Rio, Texas and Lexington, N.C.

• Surgical and Procedure Masks: Nearly 100% increase in surgical and procedure mask production through new capital investment and improving efficiency of operations in Acuña, Mexico 

• Face Shields: Over 600% increase in face shields through new capital investment in Acuña, Mexico

• Raw Materials: Additional, dedicated meltblown fabric manufacturing line in Lexington, N.C. to ensure end-to-end control of Owens & Minor supply chain, providing self-sufficiency from base material to finished mask—unlike other suppliers who rely on supply from Asia

The significant improvements across Owens & Minor’s facial protection categories were made possible by capital investments, improved rates of operation and increased production capacity to 24/7 shifts. 

“Unlike many other manufacturers of facial protection products, Owens & Minor has more than a century of healthcare experience and is proud of our Americas-based manufacturing of medical-grade N95s dating to 1997,” said Pesicka. “We stand ready to provide protection for healthcare workers on the frontlines battling flu and COVID-19. Our Surgical N95 Respirators are made to protect frontline workers from airborne illnesses, which is why the form, fit, and comfort of our respirators are of paramount importance.” 

Owens & Minor’s HALYARD* FLUIDSHIELD* Surgical N95 Respirators are: 

• 100% Medical Grade: While the FDA has granted temporary emergency use authorization for some industrial-grade N95s, HALYARD* FLUIDSHIELD* Surgical N95 Respirators are designed and manufactured in accordance with our own FDA cleared 510(k).  

• Made in the Americas, from Base Material to Finished Respirator: Unlike suppliers who rely on sources from Asia, all HALYARD* FLUIDSHIELD* Surgical N95s are manufactured in the Americas.

• Highest Level of Protection: All HALYARD* FLUIDSHIELD* Respirators deliver Level 3 splash and spray protection—the highest recognized level of protection. 

• Specially Designed for Medical Staff and Essential Workers: The duckbill breathing chamber is more than twice as large as the leading surgical N95 respirator and exceeds NIOSH standards for breathability. Because proper snug fit is critical, HALYARD-brand N95s come in a range of sizes, with malleable nose wire to adjust fit. They have strong elastic straps that are securely bonded—not stapled—to the mask. 

• Reliably Supplied Every Day: With manufacturing investment and end-to-end control of its entire supply chain, Owens & Minor has been able to ramp up N95 production to consistently exceed customer historical usage levels even during the pandemic.

Owens & Minor proactively engages with AAMI, NIOSH, and ASTM guideline panels to keep abreast of evolving standards and ensure the best protection provided by its products. The company holds over 30 patents in facial protection innovation.