Scott P. Anderson Elected Patterson Companies Chairman
ST. PAUL, Minn.--(BUSINESS WIRE)--
Patterson Companies, Inc. (Nasdaq: PDCO) today announced that Scott P.
Anderson, president and chief executive officer, has been elected to the
additional position of chairman of the board, effective April 28, 2013,
the start of Patterson's 2014 fiscal year. Anderson, 46, succeeds Peter
L. Frechette, who has been chairman since 1985. Frechette, 75, has been
named chairman emeritus and will serve out his current term as a
director, which ends in September. Prior to his post as chairman,
Frechette was the company's chief executive officer from 1982-2005 and
president from 1982-2003.
Andre Lacy, the board's lead director, said, "On behalf of the board, I
would like to congratulate Scott on this achievement. This move
completes the transition that started when Scott was named president and
CEO in 2010. We look forward to continued growth and market leadership
for Patterson Companies."
Anderson said, "I am grateful for the opportunity to lead Patterson
Companies at this new level. Pete, over his distinguished career,
provided insight and guidance — and the foundation on which the modern
Patterson Companies was built. He focused Patterson on growth and taking
exceptional care of the customer. We will continue to advance that
agenda going forward. Pete developed a strong company and culture. It is
now our responsibility to nurture and perpetuate that culture, as we
help our customers succeed and strive to enhance long-term value for our
Frechette commented, "Patterson Companies has been in great hands since
Scott has been CEO. He is a proven leader with deep industry background,
and he knows Patterson Companies well. His 20-year record with us
includes having served as president of Patterson Dental from 2006 to
2010, following multiple senior management positions. I have every
confidence in Scott, the management team and the future of this
About Patterson Companies, Inc.
Patterson Companies, Inc. is
a value-added distributor serving the dental, companion-pet veterinarian
and rehabilitation supply markets.
As Patterson's largest business, Patterson Dental
provides a virtually complete range of consumable dental products,
equipment and software, turnkey digital solutions and value-added
services to dentists and dental laboratories throughout North America.
Patterson Veterinary is a leading distributor of
consumable veterinary supplies, equipment and software, diagnostic
products, vaccines and pharmaceuticals to companion-pet veterinary
Medical is the world's leading distributor of rehabilitation supplies
and non-wheelchair assistive patient products to the physical and
occupational therapy markets. The unit's global customer base includes
hospitals, long-term care facilities, clinics and dealers.
Patterson Companies, Inc.
Ann B. Gugino, 651-686-1600
President, Planning & Strategy
R. Stephen Armstrong,
Executive Vice President & CFO
Source: Patterson Companies, Inc.
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