Last $31.95 USD
Change Today +0.40 / 1.27%
Volume 82.8K
WMGI On Other Exchanges
As of 10:43 AM 10/22/14 All times are local (Market data is delayed by at least 15 minutes).

wright medical group inc (WMGI) Snapshot

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52 Week High
02/24/14 - $33.80
52 Week Low
10/22/13 - $26.36
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wright medical group inc (WMGI) Details

Wright Medical Group, Inc., a specialty orthopaedic company, provides extremity and biologic solutions that enable clinicians to alleviate pain and restore their patients’ lifestyles. The company offers products that are used primarily in foot and ankle repair, upper extremity products, and biologics products. Its extremity hardware products comprise implants and other devices to replace or reconstruct injured or diseased joints and bones of the foot, ankle, hand, wrist, fingers, toes, elbow, and shoulder. The company also provides biologic products, which are used to replace damaged or disease bone, stimulate bone growth, and provide other biological solutions for surgeons and their patients, as well as offers a bone graft product incorporating antibiotic delivery. Its biological products focus on supporting biological musculoskeletal repair by utilizing synthetic and human tissue-based materials. The company sells its products through a network of employee sales representatives, independent sales representatives, and stocking distributors in approximately 60 countries primarily in the United States, Europe, Asia, Canada, Australia, and Latin America. The company was founded in 1950 and is headquartered in Memphis, Tennessee.

898 Employees
Last Reported Date: 02/27/14
Founded in 1950

wright medical group inc (WMGI) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: $750.0K
Chief Financial Officer and Senior Vice Presi...
Total Annual Compensation: $340.0K
Chief Operating Officer and Executive Vice Pr...
Total Annual Compensation: $500.0K
President of International
Total Annual Compensation: $564.0K
Senior Vice President and General Manager of ...
Total Annual Compensation: $318.3K
Compensation as of Fiscal Year 2013.

wright medical group inc (WMGI) Key Developments

Wright Medical Group Hires Kevin D. Cordell as President of U.S. Extremities, Effective from Sept. 29, 2014

Wright Medical Group has hired Kevin D. Cordell as president of U.S. extremities, effective Sept. 29, 2014. In this role, Cordell will be in charge for operations for the Wright Medical U.S. extremities and biologic business and will report to the chief operating officer. Earlier, Cordell served as vice president of sales for GI Solutions at Covidien and held such positions as vice president of global sales, vice president of sales and global marketing and vice president of U.S. sales for various companies.

Wright Medical Group, Inc. Names Kevin D. Cordell as President, U.S. Extremities, Effective from September 29, 2014

Wright Medical Group Inc. announced that Kevin D. Cordell has been appointed President, U.S. Extremities, effective September 29, 2014. Mr. Cordell will have operating responsibility for Wright's U.S. extremities and biologic business, reporting directly to the chief operating officer, and be located at Wright's corporate headquarters in Memphis. Prior to joining Wright Medical, Mr. Cordell served as Vice President of Sales for the GI Solutions business at Covidien, from May 2012 to September 2014. While at Covidien, he also served as Vice President of Sales & Global Marketing for its Peripheral Vascular business from July 2010 to May 2012. Prior to ev3, Mr. Cordell served as Vice President, Global Sales of FoxHollow Technologies Inc. from March 2007 to October 2007.

Wright Medical Mulls Acquisitions

Wright Medical Group Inc. (NasdaqGS:WMGI) is looking for acquisitions. Bob Palmisano, President and Chief Executive Officer of Wright Medical Group Inc. said, "The second use of our cash would be to use it to fund both technology acquisitions and geographical acquisitions."


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Price/Sales 5.9x
Price/Book 3.5x
Price/Cash Flow NM Not Meaningful
TEV/Sales 3.7x

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