DJO Global said it hired a new CFO, Susan Crawford, formerly of Life Technologies.
Crawford replaces Vickie Capps, who left DJO late last year "to pursue other business opportunities," the company said at the time.
Crawford led the integration of acquisitions for Life Technologies before its own $13.6 billion buyout by Thermo Fisher (NYSE:TMO) last month, according to a press release. Her resume also includes CFO stints at RealNames and POWERTV, according to the release.
"We are very happy to have Susan on our leadership team," DJO president & CEO Mike Mogul said in prepared remarks. "Susan will bring a strong operational management background and substantial financial depth and leadership to DJO Global as we continue to grow and expand."
DJO posted a major increase in losses for its 4th quarter, driven primarily by a $106.6 million goodwill write-down that nearly tripled the company’s red ink. DJO posted a 180% increase in losses on an 8% increase on sales during the quarter, as well as a 71% increase in losses and a 4% increase in sales for fiscal 2013.
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