Owens & Minor Taps Ex-McKesson Executive as CEO - Modern Distribution Management

Owens & Minor Taps Ex-McKesson Executive as CEO

Healthcare products distributor Owens & Minor named a longtime medical supply executive as its new top leader, succeeding interim leader Christian Cook as the company continues operating as a standalone business under Platinum Equity ownership.
Owens & Minor

Owens & Minor has appointed Jim Marshall as its new CEO, adding a veteran healthcare and medical products executive to lead the distributor’s next phase

Marshall

Most recently, he served as Senior Vice President of Health Systems at McKesson, where Owens & Minor noted he helped drive double-digit growth across revenue, profitability and market share. Prior to that, Marshall spearheaded McKesson’s U.S. Pharma operations unit as VP and General Manager.

“I am honored to lead an organization that recognizes that the heart and soul of the healthcare supply chain are the people who make it possible — the customers we serve, and the teammates whose passion and purpose make Owens & Minor truly unique,” Marshall said in a May 27 news release. “This is a pivotal moment in our journey to reimagine Owens & Minor’s 140+ year legacy, and I am excited to continue advancing the transformation that’s already having a meaningful impact for our teammates and customers.”

Richmond, VA-based Owens & Minor divested its Products & Healthcare Services (P&HS) business unit to Platinum Equity for $375 million and a 5% equity stake. P&HS continues to operate as a private standalone company under the Owens & Minor name.

Owens & Minor has approximately 14,000 employees across the U.S.

“With Jim’s dedicated leadership, commitment to fostering a culture of high-performance, and talent for helping teams achieve their best, I could not be more confident that we have all the elements in place to compete and win,” said Christian Cook, Owens & Minor Chairman and Managing Director at Platinum Equity. “We look forward to working with Jim and the executive leadership team as we continue to support and empower Owens & Minor’s success in this next chapter.”

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