PEL Supply Company announced that Michael A. Sotak is its new president and chief executive officer, according to a company news release.
PEL has also been purchased by PEL LLC, a private company led by Sotak, who has more than 22 years of experience in medical products industries. Most recently, Sotak served as an executive at Invacare Corp.
“It’s an incredible honor to assume the leadership role at PEL,” Sotak stated in the release. “I look forward to working together with all those in the O&P community to ensure we continue PEL’s rich tradition of serving its customers. I have a vested interest in the continued growth of the company and the ongoing success of all our customers.”
The change in leadership followed the retirement of Gary Mahler, president of PEL, and Paulette Vaughn, executive vice president for PEL Supply Company, which was effective August 1.
“My brothers and I are enthusiastic about the changes at PEL,” Vaughn, the daughter of PEL’s founder Paul E. Leimkuehler, stated in the release. “We believe we have found the perfect scenario to ensure the future of PEL and all stakeholders. When Gary announced his intent to retire we began a search for a new president. We did not originally plan to sell the business, but after meeting Mike Sotak and understanding his potential plans for PEL, we decided the fit and the timing of the sale was right.”