Welch Allyn CEO Shimer to depart at year's end

Welch Allyn will be saying good-bye to President and CEO Julie Shimer, who has announced her intention to retire at the end of the year. She has held those posts for 5 years and is credited with developing the company's so-called platform strategy, which gave healthcare professionals solutions to access and manage patient data in real time.

The devicemaker's board has appointed a search committee and hired an outside firm to assist in finding its next CEO, Chairman Jim Crook said in a statement. The search will include internal and external candidates, he added.

Prior to joining Welch Allyn, Shimer served as president and CEO of Cupertino, CA-based Vocera Communications. She also held executive positions at 3Com Corporation, Motorola and AT&T Bell Laboratories.

"Julie's vision and strategy for our company and our products was a game-changer for our customers and Welch Allyn," board member Eric Allyn said in a statement. "The shareholders and the Board of Directors are extremely grateful for Julie's dedication to this strategy, and our company is well-positioned for the future because of it."

- check out the Welch Allyn release

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