Owens & Minor
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- Founded in Richmond, Virginia, in 1882
- The nation’s leading distributor of medical and surgical supplies to the acute-care market and a leading provider of healthcare supply chain management solutions.
- The company provided pharmaceutical, and medical and surgical supplies, for the first 110 years, to drugstores and hospitals throughout selected areas of the United States.
- They decided, in 1992, to sell their wholesale drug business and focus entirely on the medical/surgical marketplace (this decision paid off huge dividends).
- Today, with more than 5,100 teammates (in 55 distribution centers nationwide) the company has a home office located in Richmond, Virginia.
- Offering distribution and logistics, the company is best known for it's comprehensive offering of medical and surgical products.
- Owens & Minor serves 4,500 hospitals, integrated healthcare systems, alternate care locations and the federal government.
- Majority of sales consist of consumable goods (including disposable gloves, dressings, needles and syringes, surgical products, gowns, urological and wound-closure products).
- A great reputation has been established by the company, for providing superior, world-class service that continually strives to exceed the customers’ expectations.
- The company understands that if they take great care of their customers, in return, they will take great care of them.
- Owens & Minor’s common shares are traded on the New York Stock Exchange under the symbol OMI.
- Their overarching goal is to deliver long-term value to shareholders (paying dividends consistently since the 1930's).
Delivering the difference (and they strive to live up to that everyday).
In 2008, Craig R. Smith earned a total of $2,982,637:
- A base salary of $788,077.
- A cash bonus of $1,080,000.
- A total of $1,072,516 granted in stock.