DJO Incorporated, announced in a press release the planned retirement of Leslie H. Cross, president and chief executive officer.
Cross will transition into the vital and important role of non-executive chairman of the DJO board of directors between now and June 30, 2011, according to the copmpany.
“It is my good fortune to complete my professional career as DJO’s president and chief executive officer,” Cross stated in the release. “Over the past 20-plus years, I have worked with many talented people who have contributed to DJO’s success and growth, and the company is well-positioned to continue that growth. As we enter 2011, DJO is in strong condition, has good momentum in its markets and many exciting opportunities before it. I feel very comfortable that now is the right time to move into a role that will permit me to spend more time with my family.”
Cross and the DJO board of directors have commenced a search for a successor president and chief executive officer for DJO and will make an announcement regarding the appointment of the successor prior to Cross’ transition.