Symmetry Medical Inc. (Symmetry Medical) has appointed its current director Craig Reynolds as chairman of the board. Reynolds succeeds former chairman Frank Turner who, along with director Steve Oresman, has retired from the board. The company also announced the election of Thomas Chorman and Robert Deuster as directors.
Reynolds has served as a director of Symmetry Medical since January 4, 2008. Since May 23, 2008, he has served as the chairman of the finance and systems committee and as a member of the governance and nominating committee. He is currently the chief operating officer of Philips Home Health Solutions. From 1998 – 2008 he was a member of the board of directors of Respironics, Inc. From 1981 to 1998, Reynolds was employed by Healthdyne Technologies Inc., a medical device company, serving for five years as chief executive officer and a member of its board of directors. Reynolds holds a degree in Industrial Management from Georgia Institute of Technology and an M.B.A. in Marketing from Georgia State University.
In conjunction with his appointment to the board, Chorman was appointed to chair the finance and systems committee and serve on the audit committee. He has served as an independent director and member of the audit committee of Standex International Corporation, since June 2004. In October 2008, Chorman was also appointed to the governance and nominating committee of Standex. He served as president, chief executive officer (CEO) and director of Foamex International, from September 2001 through June 2006. An entrepreneur and private investor, he co-founded Foam Partners, LLC and Boomer Capital. Chorman holds an M.B.A. from Rutgers and a B.S. from the City University of New York.
Deuster was appointed to serve on the governance and nominating committee and the compensation and organizational committee. He served as chairman and chief executive officer of Newport Corporation from May 1996 until his retirement in October 2007. Deuster also currently serves as a director on the board of NEXX Systems. From 1985 to 1996, Deuster served in various senior management positions at Applied Power, Inc. (now Actuant Corporation), culminating in his service as senior vice president of the Distributed Products Group from 1994 to 1996. He received a B.S. in Electrical Engineering from Marquette University.
Symmetry Medical is a provider of implants and related instruments and cases to orthopedic device manufacturers. The company designs, develops and produces these products for companies in other segments of the medical device market, including the dental, osteobiologic and endoscopy segments.