Wright Medical COO & ex-CEO of Tornier David Mowry to leave: 5 notes

Spinal Tech

Wright Medical Executive Vice President and COO David Mowry is leaving his position, according to a Mass Device report.

Here are five notes:

 

1. Mr. Mowry, the former CEO of Tornier, will be leaving to pursue other opportunities.

 

2. Wright Medical merged with Tornier on Oct. 1, 2015. After the merger, Mr. Mowry was named COO of Wright Medical.

 

3. In early March, Mr. Mowry sold 13,500 shares of the company's stock.

 

4. Wright Medical has not yet named Mr. Mowry's successor.

 

5. The company's most recent financial results reported showed net sales totaling $181 million in the first quarter of 2016. The company also reported a net loss from continuing operations totaling $39.3 million for the quarter.

 

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