SKANEATELES FALLS, N.Y. — The president of Welch Allyn in Skaneateles Falls has informed its Chicago, Illinois–based parent company that he plans to resign from his position on Dec. 1.
Word of Alton Shader’s upcoming departure was included in a filing from Hill-Rom Holdings, Inc.’s (NYSE: HRC) with the U.S. Securities & Exchange Commission (SEC) about its fiscal fourth quarter financial results.
Shader has accepted a CEO role “in the healthcare provider space, and will be with Hill-Rom through the end of November,” Howard Karesh VP of corporate communications at Hill-Rom, said in an email response to a BJNN inquiry.
Shader told Hill-Rom of his plan on Oct. 30, the SEC filing says. Hill-Rom expects to name a successor “shortly.”
Shader joined Hill-Rom as senior VP and president of post-acute care in 2011, and held the position of president, North America since 2012. Shader was appointed president of front line care in September 2015.
Welch Allyn is part of Hill-Rom’s front-line care unit.
Hill-Rom, a medical-technology company, in 2015 acquired Welch Allyn, a medical-device maker, for about $2.05 billion in cash and stock.
Contact Reinhardt at ereinhardt@cnybj.com