The executive team at Wright & Filippis is shaking up and expanding from its headquarters in Rochester Hills.
The health-care firm, which specializes in prosthetics, has hired a new vice president of operations, a vice president of sales and a director of IT. Its vice president of facility operations is now the executive vice president of mergers & acquisition, and its former COO and CFO is now company president. The new executive team will oversee the company’s 625 employees, of which 500 are based in Metro Detroit.
"We're moving people so we can grow the company in different areas," says A.J. Filippis CEO & chairman of
Wright & Filippis.
The 70-year-old firm has left some markets so it can grow into others. It exited several supply-based ventures, such as diabetic supplies. It is now focusing on prosthetics, orthotics, respiratory care services, and home medical equipment and supplies, complex seating rehabilitation and home accessibility systems.
Wright & Filippis is also in the process of acquiring some other business across the U.S. The firm recently acquired
Carolina Orthotics & Prosthetics and is targeting a handful of other acquisitions.
"We have two more mergers and acquisitions we plan to execute in the next 60 days," Filippis says. He adds, "We're looking at other opportunities along the east coast to expand our product line."
Source: A.J. Filippis CEO & chairman of Wright & Filippis
Writer: Jon Zemke
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