Brady Shirley is the new President and Chief Executive Officer at DJO Global, Inc.! Shirley is taking the place of Mike Mogul, who stepped down from his post as of November 14, 2016. Mogul will stay on until the end of the year to ensure a smooth transition.
“We are delighted to announce the appointment of Brady Shirley as President and Chief Executive Officer. Since Brady joined DJO, the surgical business has more than doubled in revenue and profitability,” said Mike Zafirovski, DJO’s chairman of the board of directors, in the November 14, 2016 news release. “The Board unanimously agrees that Brady’s leadership experience, coupled with his innovative and strategic thinking and proven track record of delivering results, make him the right person to drive DJO’s dual imperatives of achieving sustainable above market growth and driving cost and service leadership in all of our activities.”
Shirley is very familiar with the company, having most recently served as the president of the DJO Surgical business, a position he was appointed to in March 2014. As noted in the news release, “From 2009 to 2013, Shirley was the CEO and Director of Innovative Medical Device Solutions (‘IMDS’), a company that provides comprehensive product development, manufacturing and supply chain management solutions for medical devices companies within the orthopedic medical device industry. At IMDS, Shirley managed the integration of four companies, consolidated the capital structure and led a successful sale of the business in 2013. From December 1992 to August 2009, Shirley had several key leadership positions with Stryker Corporation, including President of Stryker Communications and Senior Vice President of Stryker Endoscopy. At Stryker, Shirley was responsible for all domestic operations and profit and loss for the Communications division and was responsible for global product development and sales and marketing for the Endoscopy division. Shirley received a Bachelor of Business Administration in Finance from the University of Texas, Austin.
“I am honored and excited to lead DJO through what I would consider to be a unique evolution. Our fast growing surgical business, our market leading bracing and vascular business and rapidly expanding consumer business create a broad base for expansive revenue growth and operational productivity today and tomorrow,” said Shirley.
“We would like to take this opportunity to thank Mike for his many contributions over the past 5 [five] years. Under his leadership, DJO has grown significantly faster than our competitors, and our new product innovation has increased fourfold. I also want to commend Mike for helping recruit and develop many talented leaders in the company, which will serve us well in the future,” said Zafirovski.
“I am proud of how our team has created a company that is building a bright future, spanning the episode of orthopedic care, leading in its markets and realizing the vision of Motion is Medicine,” said Mogul. “I am convinced that Brady and the strong team that he will lead will demonstrate the great impact that DJO can make.”
Brady Shirley told OTW, “We are positioned to grow very well today from two strong platforms in our Bracing and our Surgical Implant business. In prior periods, we were largely positioned in only once space, which is great for focus but challenging for depth. Today, we have the stability of two with opportunities for multiple adjacencies.”
—Elizabeth Hofheinz, M.P.H., M.Ed.
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