Owens & Minor Names Ed Pesicka President and Chief Executive Officer

Long-Tenured Thermo Fisher Scientific Executive Brings Proven Sales,
Financial and Management Skills

RICHMOND, Va.–(BUSINESS WIRE)–lt;a href=”https://twitter.com/hashtag/CEOappointment?src=hash” target=”_blank”gt;#CEOappointmentlt;/agt;–Owens & Minor Inc. (NYSE: OMI) today announced that its Board of
Directors has named Edward A. Pesicka President and Chief Executive
Officer, effective March 4, 2019. Pesicka, a formerly long-tenured
executive at Thermo Fisher Scientific, joins the Company with over 25
years of business and operational experience focused on distribution,
manufacturing and service for the healthcare, pharmaceutical,
biotechnology and scientific research industries. He will also join the
Company’s Board of Directors.


“The Board is extremely pleased to welcome Ed as the new CEO of Owens &
Minor,” said Robert Sledd, Chairman and Interim President and Chief
Executive Officer. “Ed is a seasoned senior executive with a deep
understanding of distribution, manufacturing and service within our
industry. He also has a proven ability to lead performance improvement.
During his time at Thermo Fisher Scientific, Ed was responsible for
leading a portfolio of businesses focused on distribution, manufacturing
and services. He demonstrated his sales and financial acumen and
developed a reputation for providing outstanding customer service and
driving strong financial results. We are pleased that our process
resulted in identifying the ideal CEO.”

“After a thorough search and careful evaluation of candidates, the Board
believes we have found the right leader with practical management and
people development skills that align with our strategy,” said Anne Marie
Whittemore, Lead Director and member of the Search Committee.
“Furthermore, as a man of great integrity, Ed fits well with the Owens &
Minor culture, making him an excellent fit for the role.”

“I’m honored to be appointed to lead Owens & Minor, a company with a
rich 137-year history of serving the healthcare industry and providing
customers with the solutions they need to deliver exceptional patient
care,” said Pesicka. “I am committed to uncovering practical and
innovative ways of improving the customer experience and driving value
for shareholders. I look forward to working alongside our talented
teammates and, together, furthering our mission of serving the
healthcare industry across the continuum of care with integrity,
dedication, innovation and passion.”

After Pesicka’s appointment on March 4, Sledd will continue to serve as
Chairman of the Board of Directors.

Whittemore continued, “We thank Bob for his willingness to step into the
Interim CEO role and look forward to continuing to benefit from his
wealth of experience as the Chairman of our Board.”

Ed Pesicka Biography

Ed Pesicka most recently served as Chief Commercial Officer and Senior
Vice President of Thermo Fisher Scientific, where he was responsible for
developing and leading go-to-market strategies and managing the
company’s commercial approach. During his 15-year tenure with Thermo
Fisher, Pesicka ran up to an $8 billion portfolio of global
distribution, manufacturing and service businesses. He also served as
Chief Financial Officer for multiple divisions.

Prior to joining Thermo Fisher, Pesicka spent almost eight years with
TRW Inc., where he held escalating and diverse roles in corporate
finance, as well as divisional Chief Financial Officer for the company’s
Nelson Stud Welding Division. He began his career as an auditor at
PricewaterhouseCoopers.

Pesicka holds a Master’s of Business Administration degree in finance
from the Weatherhead School of Management at Case Western Reserve
University and a Bachelor’s degree in accounting and business
administration from Muskingum College.

About Owens & Minor

Owens & Minor, Inc. (NYSE: OMI) is a global healthcare solutions company
with integrated technologies, products, and services aligned to deliver
significant and sustained value for healthcare providers and
manufacturers across the continuum of care. With 17,000 dedicated
teammates serving healthcare industry customers in 90 countries, Owens &
Minor helps to reduce total costs across the supply chain by optimizing
episode and point-of-care performance, freeing up capital and clinical
resources, and managing contracts to optimize financial performance. A
FORTUNE 500 company, Owens & Minor was founded in 1882 in Richmond,
Virginia, where it remains headquartered today. The company now has
distribution, production, customer service and sales facilities located
across the Asia Pacific region, Europe, Latin America, and North
America. For more information about Owens & Minor, visit owens-minor.com,
follow @Owens_Minor
on Twitter, and connect on LinkedIn at www.linkedin.com/company/owens-&-minor.

Contacts

Jenny Graves, 804-723-7754
VP Global Corporate Communications
jenny.graves@owens-minor.com

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