BETHESDA, Md., Oct. 15 /PRNewswire/ -- Hanger Orthopedic Group, Inc.
(NYSE: HGR) announced today another major milestone in its continuing
restructuring. The Company has appointed George E. McHenry as its Chief
Financial Officer and announced the appointment of other key financial
officers. Concurrent with the appointment of Mr. McHenry as Chief Financial
Officer, the Company has named Glenn Lohrmann to the position of Secretary and
Controller, and promoted Jason Owen to the position of Company Treasurer.
Prior to joining Hanger, Mr. Lohrmann was Chief Financial Officer for the
George Washington University Medical Faculty Associates and prior to that
Chief Financial Officer of INNOVA Medical Group - INNOVA Health Systems in
Fairfax, Virginia. Prior to joining Hanger, Mr. Owen worked for Sun Trust
Bank and GE Capital in various investment management positions.
Mr. McHenry joins Hanger with 28 years experience both in public
accounting with Deloitte & Touche and KPMG, and his last 14 years as Chief
Financial Officer of US Vision, Inc., a publicly held retail optical chain
with over 600 locations.
Ivan R. Sabel, Chairman of the Board of Hanger, stated that "We look
forward to having George and his new team as an integral part of our
restructuring process in advancing the synergistic momentum that has been
created by to date."
Headquartered in Bethesda, Maryland, Hanger is a national public company
specializing in patient-care services for orthotics and prosthetics ("O&P").
The Company now provides O&P services in 594 patient-care centers located in
45 states including the District of Columbia and is the largest distributor of
O&P supplies and components in the country. Hanger also is engaged in the
manufacture and distribution of components and finished patient-care products
to the O&P industry, and through its OPNET program, provides O&P services to
over 1,000 managed care programs.
Certain statements included in this press release are forward looking
statements within the meaning of the Private Securities Litigation Reform Act
of 1995. Please refer to the Company's SEC filings for factors that could
cause actual results to differ materially from the Company's expectations.
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SOURCE Hanger Orthopedic Group, Inc.