Henry Schein Appoints New Head of Medical Group
MELVILLE, N.Y.--(BUSINESS WIRE)--September 9, 1999--Henry Schein, Inc. (Nasdaq:HSIC) today announced that Michael Racioppi, Vice President and General Manager of the direct marketing Medical Division, has been named as interim President of Henry Schein's Medical Group. He succeeds Bruce J. Haber who has resigned effective immediately as President of Henry Schein's Medical Group in order to pursue other opportunities and personal interests. Mr. Haber has also resigned as a member of Henry Schein's Board of Directors.
Stanley M. Bergman, Chairman, Chief Executive Officer and
President of Henry Schein, said, "Mike Racioppi has done an
outstanding job in all of his responsibilities and most recently as
head of our direct marketing medical business. In his seven years with
Henry Schein, Mike has demonstrated the strong leadership and
entrepreneurial skills that have made Henry Schein an industry
leader."
Bruce Haber is to be thanked for his contributions in integrating
Micro Bio-Medics into Henry Schein's medical business, and overall for
his contribution to the Schein Medical Group. We wish him well in his
future endeavors," Mr. Bergman added.
Michael Racioppi joined Henry Schein, Inc. in 1992 as Senior
Director, Corporate Merchandising. In succeeding years, he was rapidly
promoted to additional positions of responsibility in both corporate
merchandising and marketing. He was appointed Vice President and
General Manager of the direct marketing Medical Division in 1998. He
holds a bachelor's degree from the University of Rhode Island and is a
registered pharmacist.
Henry Schein, Inc. is the largest distributor of healthcare
products and services to office-based healthcare practitioners,
including dental practices and laboratories, physician practices and
veterinary clinics. The Company, recognized for its excellent customer
service and low prices, serves more than 300,000 customers worldwide.
Headquartered in Melville, New York, the Company employs over 6,000
people in 16 countries. Sales in 1998 were $1.9 billion. For more
information, visit the Henry Schein website at
http://www.henryschein.com.
--30--jc/ny* CONTACT: Henry Schein, Inc. Steven Paladino Senior Vice President and Chief Financial Officer (516) 843-5500 or Susan Vassallo Manager, Investor and Public Relations 516-843-5562 svassa@henryschein.com KEYWORD: NEW YORK INDUSTRY KEYWORD: MEDICINE BIOTECHNOLOGY MANAGEMENT CHANGES