Owens & Minor names new president and CEO

Health-care logistics company Owens & Minor Inc. on Tuesday named Edward A. Pesicka its new president and CEO effective March 4.

Pesicka most recently was chief commercial officer and senior vice president of Thermo Fisher Scientific.

Pesicka also will join Owens and Minor’s board of directors.

In November, former Owens & Minor CEO P. Cody Phipps stepped down as chairman president and CEO, with the board saying in a statement that the board “believes the business will benefit from a change in leadership.” 

Robert Sledd, a board member who became interim CEO and president after Phipps’ departure, will remain chairman of the company’s board of directors.

During his 15-year tenure with Thermo Fisher, Pesicka ran up to an $8 billion portfolio of global distribution, manufacturing and service businesses. He also served as chief financial officer for multiple divisions.

Before joining Thermo Fisher, Pesicka spent almost eight years with TRW Inc., where he held escalating and diverse roles in corporate finance, as well as divisional chief financial officer for the company’s Nelson Stud Welding Division. He began his career as an auditor at PricewaterhouseCoopers.

Pesicka holds a Master’s of Business Administration degree in finance from the Weatherhead School of Management at Case Western Reserve University and a Bachelor’s degree in accounting and business administration from Muskingum College.