Last $14.66 USD
Change Today +0.01 / 0.07%
Volume 92.0K
IVC On Other Exchanges
New York
As of 8:04 PM 01/27/15 All times are local (Market data is delayed by at least 15 minutes).

invacare corp (IVC) Snapshot

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52 Week High
01/28/14 - $22.18
52 Week Low
10/1/14 - $11.65
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Current Stock Chart for INVACARE CORP (IVC)

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invacare corp (IVC) Details

Invacare Corporation designs, manufactures, and distributes medical equipment and supplies worldwide. The company operates through four segments: North America/Home Medical Equipment, Institutional Products Group, Europe, and Asia/Pacific. It offers mobility and seating products, including power wheelchairs, custom manual wheelchairs, personal mobility products, and seating and positioning products; lifestyle products, such as manual wheelchairs, personal care products, homecare beds, pressure relieving mattresses, and patient transport products; and respiratory therapy products comprising non-delivery oxygen, non-delivery respiratory products, and stationary oxygen concentrators. It also provides assistance in the collection of rental capabilities, software, and technology to streamline efficiencies, repair services, and replacement parts. In addition, the company manufactures and distributes healthcare furnishings comprising beds, case goods, and patient handling equipment for the long-term care markets; and other home medical equipment and accessory products. Further, it is involved in the rental of home medical equipment. The company sells its products primarily to home health care and medical equipment providers, distributors, and government locations through its sales force, telesales associates, and independent manufacturers’ representatives and distributors. Invacare Corporation was founded in 1885 and is headquartered in Elyria, Ohio.

5,400 Employees
Last Reported Date: 02/27/14
Founded in 1885

invacare corp (IVC) Top Compensated Officers

Interim Chief Executive Officer, Interim Pres...
Total Annual Compensation: $420.2K
Founder and Director
Total Annual Compensation: $750.0K
Compensation as of Fiscal Year 2013.

invacare corp (IVC) Key Developments

Invacare Corporation Announces Executive Changes, Effective from April 1, 2015

Invacare Corporation announced that it has appointed Matthew E. Monaghan as President and Chief Executive Officer, effective April 1, 2015. Mr. Monaghan, 47, will join Invacare with a breadth of general management, medical device and turnaround experience within global companies. Robert K. Gudbranson will continue to serve as Interim President and Chief Executive Officer until Mr. Monaghan joins the company, after which time Mr. Gudbranson will continue as Senior Vice President and Chief Financial Officer. Mr. Monaghan currently serves as Senior Vice President and General Manager of Zimmer's Global Hips business.

Invacare Corporation Enters into Revolving Credit and Security Agreement

On January 16, 2015, Invacare Corporation entered into a revolving credit and security agreement, which provides for an asset-based lending senior secured revolving credit facility which matures in January 2018. The New Credit Agreement was entered into by and among the Company, certain of the company's direct and indirect domestic and Canadian subsidiaries, certain other of the Company's direct and indirect domestic and Canadian subsidiaries, and PNC Bank, National Association, JPMorgan Chase Bank, N.A., KeyBank National Association, and Citizens Bank, National Association. The New Credit Agreement provides the Company and the other Borrowers with the ability to borrow up to an aggregate principal amount of $100 million under a senior secured revolving credit, letter of credit and swing line loan facility.

Invacare Corporation Presents at 15th Annual CJS Securities "New Ideas for the New Year" Investor Conference, Jan-14-2015

Invacare Corporation Presents at 15th Annual CJS Securities "New Ideas for the New Year" Investor Conference, Jan-14-2015 . Venue: Four Seasons Hotel, New York, New York, United States. Speakers: Robert K. Gudbranson, Interim Chief Executive Officer, Interim President, Chief Financial Officer, Principal Accounting Officer, Senior Vice President and Treasurer.


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Hill-Rom Holdings Inc $48.75 USD 0.00
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