Smith to retire as chairman of Owens & Minor
Health-care supplier Owens & Minor Inc. announced Friday that Chairman Craig R. Smith will not stand for re-election of his term.
Smith retired as president and CEO of the company in 2014. He first joined Owens & Minor in 1989.
Smith served as chief operating officer from 1995 through 2005, was named president in 1999 and became CEO in 2005 when he joined the board. He was elected chairman of the board in 2013.
The company plans to elect P. Cody Phipps, current president and CEO of the company, as the company’s new chairman of the board on May 5, during the company’s annual shareholder meeting.
Also on Friday, Owens & Minor announced the election of Barbara B. Hill to its board of directors. Hill has served as an operating partner of private equity firm NexPhase Capital since 2011. From 2006 until 2010, she was CEO and president of FHC Health Systems and ValueOptions Inc.