Owens & Minor Appoints Jonathan Leon as CFO to Drive Growth
Owens & Minor Appoints Jonathan Leon as CFO
Owens & Minor, Inc. (NYSE: OMI) has announced the appointment of Jonathan Leon as the Executive Vice President and Chief Financial Officer, effective immediately. This strategic decision signals a pivotal moment for the company as Leon assumes these responsibilities while continuing his role as Corporate Treasurer.
Background of Jonathan Leon
Jonathan Leon’s tenure with Owens & Minor, which began in 2017, has been marked by significant contributions and leadership in the financial sector of the company. Previously, Leon served as the Interim Chief Financial Officer, stepping in since June 2024. He will now report directly to Edward Pesicka, the President and Chief Executive Officer.
Extensive Experience
Bringing with him over 25 years of experience in corporate finance, treasury, and strategic planning, Leon’s background is deeply rooted in various roles involving financial operations. His past position as Senior Vice President and Corporate Treasurer equipped him to lead crucial financial initiatives, investor relations, corporate mergers, and acquisitions.
Leadership Endorsement
Edward Pesicka expressed confidence in Leon’s capabilities, stating, “After a comprehensive process, the Board and I unanimously agreed that Jon is the ideal candidate to serve as Owens & Minor’s next Chief Financial Officer.” His understanding of the healthcare industry, combined with strong financial skills and established investor relationships, is expected to play a key role as the company progresses toward its long-term objectives.
Career Before Owens & Minor
Before joining the ranks at Owens & Minor, Jonathan Leon accumulated 18 years of invaluable experience at The Brink's Company, where he fulfilled the role of Treasurer alongside various responsibilities in investor relations and corporate finance.
Company Mission and Overview
Owens & Minor, a Fortune 500 global healthcare solutions provider, is committed to delivering essential products and services that enhance patient care from the hospital to the home. Over the span of more than 100 years, the company, along with its affiliated brands like Apria® and Byram®, has worked diligently to improve patient experiences and outcomes. With a workforce exceeding 20,000 employees worldwide, Owens & Minor emphasizes its mission where “Life Takes Care™” through relentless support and innovative solutions.
Future Outlook
As Jonathan Leon steps into his new role, the company’s stakeholders can anticipate a strengthened financial strategy aimed at enhancing operational efficiency and navigating the evolving landscape of the healthcare industry. The leadership transition comes at a critical time when organizational agility and foresight are paramount in achieving set objectives.
Frequently Asked Questions
What position has Jonathan Leon been appointed to at Owens & Minor?
Jonathan Leon has been appointed as the Executive Vice President and Chief Financial Officer.
When did Jonathan Leon join Owens & Minor?
He joined Owens & Minor in 2017 and has held various key roles within the company.
What is the significance of Jonathan Leon's appointment?
His appointment is seen as a pivotal step in enhancing the company's financial leadership and strategic direction.
What experience does Leon bring to his new role?
Leon brings over 25 years of experience in corporate finance, treasury, and strategic planning.
How long has Owens & Minor been in operation?
Owens & Minor has been providing healthcare solutions for over 100 years, focusing on essential products and services.
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