DJO Global Announces US Commercial Leadership Transition (press release)

Andrew Holman, executive vice president of U.S. commercial operations at DJO Global, is leaving the company and Mike Mogul, current president and CEO, will take on his responsibilities, according to DJO’s press release.  Andrew Holman is leaving DJO Global to pursue other opportunities.

SAN DIEGO, CA, – September 30, 2011 – DJO Global, Inc., (“DJO” or the “Company”) a leading provider of medical device solutions for musculoskeletal health, vascular health and pain management, today announced that Andrew Holman, executive vice president, U.S. commercial operations, is leaving DJO to pursue other opportunities. In connection with this transition and for the immediate future, DJO president and chief executive officer, Mike Mogul, will assume direct responsibility for DJO’s commercial activities in the United States.

“In the three months since I joined DJO, I have become increasingly optimistic about the depth and breadth of opportunities available to add value to our customers and to accelerate DJO’s revenue growth,” said Mike Mogul. “We see many opportunities to improve commercial execution, to develop new products and services and to expand our market penetration with our strong portfolio and commercial footprint.”

The Company also announced that it has taken steps to reduce its operating expenses to better match current global market conditions and to make funds available to invest in future growth opportunities.