Warsaw-based OrthoPediatrics Corp. (Nasdaq: KIDS) has named David Bailey chief executive officer to succeed Mark Throdahl, who will now serve as executive chairman. Bailey has been with the company for 14 years.
Throdahl says he’s been privileged to help improve the lives of children suffering from musculoskeletal disorders.
“As Executive Chairman, I look forward to remaining highly engaged with OrthoPediatrics and its strategy as well as supporting Dave in his new role as CEO. Dave has been an exemplary executive since joining OrthoPediatrics in 2007, and I have every confidence that he will bring both deep experience and leadership skills to this position,” said Throdahl.
Throdahl says Bailey will join Fred Hite, who was appointed chief operating officer and chief financial officer last year, to lead the company.