Cook said yesterday that Cook Medical president Pete Yonkman will become the new president of Cook Group Inc., as current president Kem Hawkins is slated to retire on July 1.
“Under Kem’s leadership, we have seen exciting new opportunities to help patients, our employees, and the communities where we operate. With his guidance, our company experienced unparalleled growth in sales from $500 million to $2 billion and growth in the number of employees from 4,000 to 12,000 globally. Kem has successfully led the company through challenging times, significant growth, and a shifting global health care landscape,” CEO Carl Cook said in a press release.
Hawkins worked with Cook for 34 years, the company said, and will remain on the board of directors for Cook Group after retiring.
“Kem developed a plan for succession, moving Pete into various leadership positions in preparation for his retirement. We are indebted to Kem for his years of service to the Cook companies,” board chairman Steve Ferguson said in a prepared statement.
Yonkman took Hawkins spot as president of Cook Medical in November 2013, as Hawkins stepped away to be president of Cook Group.
Bovie Medical (NYSE:BVX) said its CFO Peter Donato will leave the company later this month, and will be replaced by corporate controller Jay Ewers as interim CFO while the company searches for a permanent replacement.