Ray Elliott To Retire From President and CEO Role at Zimmer
BY ARIELLA P. GOLOMB, MD, NOVEMBER 20, 2006
Zimmer announced this morning that Ray Elliott is planning a 1H:07 retirement from his role as President and Chief Executive Officer. The Company also added that Mr. Elliott will remain as Chairman for at least one year from today. Elliott had served as President of Zimmer from 1997 to 2001 and has served as Chairman, President and Chief Executive Officer of Zimmer since the Company went public in 2001 (when Zimmer was spun off from Bristol-Myers Squibb.) Zimmer has hired an executive recruiting firm to lead the search for internal and external candidates.
After retirement Mr. Elliott plans on serving on other corporate boards, and providing medical device strategy and transactional advice to private equity firms and investment banks.
