President and Chief Executive Officer of Invacare Corporation
Gerald Blouch was named chief executive officer after 20 years of leadership with the company, succeeding its founder A. Malachi Mixon III. Mr. Blouch is active in the Cleveland civic and business communities, serving on several committees and boards. He received his B.A. from Bowling Green State University and M.A. from The Ohio State University.
Invacare traces its roots back to 1885 when the Worthington Company began producing a line of vehicles for people with physical disabilities. In the late 1970s, Technicare, a Cleveland-based medical-device manufacturer, was purchased by Johnson & Johnson. They decided to sell the wheelchair division known as Invacare. Mr. Mixon, who worked as a vice president of marketing at Technicare, formed Invacare when he organized a small group of investors to raise the $7.8 million needed for the purchase.
Over the last 30 plus years, Invacare has led the way with groundbreaking innovations that fundamentally changed the industry — like the split-spring bed, the microprocessor-controlled power chair, the Invacare® HomeFill® Oxygen System, and the gearless, brushless motor for power wheelchairs. The company has grown and diversified through acquisitions of Küschall, Carters, Poirier, and Scandinavian Mobility, and has engaged in life-changing volunteer efforts with the Paralyzed Veterans Association, Invacare World Team Cup, and Easter Seals.
Invacare has grown from three factories to 30, 300 associates to over 5,600, net sales of $19 million to $1.4 billion, and from a small, privately owned company to a NYSE corporation listed on the Fortune 1000. Strategic acquisitions, smart leadership and a strong brand reputation helped position Invacare as the global leader in the home and long-term care industries.