BNET Industries
Market Cap:$299.6M
Last Fiscal Year Sales:$423.4M
- Public
- US
Dow Jones Description
Symmetry Medical Inc. is internationally known for unparalleled product quality and consistently satisfied customers. Why? Experience. Our many facilities around the globe boast more than 200 years of combined experience in the design and manufacture of high-quality implants, instruments, cases and more. When you deal with Symmetry, rest assured that you're dealing with knowledgeable professionals who understand the importance of excellent customer service, innovative design and getting quality products to market quickly. Drive. We're always finding ways to provide you with better products faster, and we have an entirely unique way of doing it: Total SolutionsA . Total Solutions means you can rely on Symmetry Medical for every phase of your product's development, from idea generation to quality assurance testing. Total Solutions also means that we are team members during the development of your product. It's a philosophy that ensures an end product that you'll be satisfied with - totally. Imagination. With nearly 100 patents to our name, innovation is our game. Our many proprietary products reflect our devotion to using technology to find the very best solutions to the problems you face. More importantly, our strong intellectual property (IP) portfolio makes it easier to get your products to market as fast as possible. Results. Whether it's orthopedics, medical devices or aerospace products, our philosophy is the same: Results are imperative. ...
President, Chief Executive Officer and Director
Brian S MooreNumber of Employees 2,688
Peer Companies
NAICS Code Surgical Appliance and Supplies Manufacturing: 339113
Recent Events
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Wells Fargo Upgrades Symmetry Medical SMA to Market Perform; Cycle Has Bottomed
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Earnings double at Symmetry
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Symmetry Medical Reports Third Quarter 2009 Financial Results
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Symmetry Medical Reports Second Quarter 2009 Financial Results
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Symmetry Medical says chairman Turner retired
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Symmetry Medical Appoints Chairman and Two Directors
News & Analysis
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symmetry medical inc. - All News and Analysis
Symmetry Medical Q4 2008 Earnings Call Transcript
Question-and-Answer SessionOperator Operator Instructions. Our first question comes from the line of Ben Andrew, William Blair. Benjamin Andrew - William Blair & Company Hi. Good morning gentlemen. Brian Moore Good morning. Benjamin Andrew - William Blair & Company Hi, I guess the first question is Fred, given the $0.30...
Symmetry Medical, Inc., Q3 2008 Earnings Call Transcript
Question-and-Answer SessionOperator Operator Instructions. And the first question comes from the line of Benjamin Andrew with William Blair. Benjamin Andrew - William Blair A couple of quick questions; Brian, I think I counted three or four times that you guys said ?if we were to experience softness next year,?...
Symmetry Medical Inc. Q2 2008 Earnings Call Transcript
Question-and-Answer Session Operator Operator instructions And our first question will come from the line of Ben Andrew with William Blair. Please proceed. Ben Andrew – William Blair Good morning, Brian, and just wanted to ask a couple of questions about the booking activities. You mentioned that...
Symmetry Medical Inc. F1Q08 (Qtr End 3/29/08) Earnings Call Transcript
Question-and-Answer Session Operator Operator Instructions. Your first question comes from the line of Ben Andrew with William Blair. Ben Andrew - William Blair A couple of quick questions, maybe starting on the strategic side, Brian. As you look at the industry dynamics now, obviously revenue...
Symmetry Medical Inc. F4Q07 (Qtr End 12/31/07) Earnings Call Transcript
Question-and-Answer SessionOperator Operator Instructions. Your first question is from the line of Ben Andrew with William Blair. Please proceed. Ben Andrew - William Blair Good morning, Brain. I guess good afternoon to you guys. Brian Moore Oh, yeah, that is true. Ben Andrew - William Blair ...
Symmetry Medical Inc. Earnings Call Transcript
Question-and-Answer SessionOperator Operator Instructions And your first question comes from the line of Michael Matson with Wachovia. Michael Matson-Wachovia Securities Hi, thanks for taking my question. On the 10-K, you’re saying it’s going to be filed in March and if I recall correctly, I think you had...
Company capabilities
Popper & Sons, Inc. 300 Denton Avenue New Hyde Park, NY 11040 Phone: (800) 717-7677; (516) 248-0300 Fax: (516) 747-1188 E-mail: sales@popperandsons.com Web: www.popperandsons.com VITAL STATISTICS Year Founded: 1922 Number of Employees: 105 Number of Facilities: 2 Annual Sales: $13+...
Symmetry Medical Q3 2007 Earnings Call Transcript
Question-and-Answer SessionOperator Operator Instructions. And our first question comes from the line of Michael Matson with Wachovia Securities. Please proceed. Michael Matson - Wachovia Securities Hi, thanks for taking my question. I guess, it's great that the revenue picked up, we were kind of expecting that. I think...
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Decision Makers
| Name (plus bio) | Position |
|---|---|
| Brian S Moore | President, Chief Executive Officer and Director |
| D. Darin Martin | Senior Vice President Reg. Affairs & Cco |
| Fred L Hite | CFO & Senior Vice President |
| John Hynes | Coo, Europe |
| Michael W. Curtis | Senior Vice President and Chief Operating Officer, USA |
| Ronda L. Harris | Chief Accounting Officer |
| Andy Miclot | Senior Vice President, Marketing, Sales, Business Development and Investor Relations Officer |
| Darin D. Martin | Senior Vice President |
| D. Alec McPherson | Vice President & General Manager |
| Matthew R. Rudd | Vice President & General Manager |
| Nick Laudico | Vice President, Investor Relations |
| Richard J. Senior | Senior Vice President & General Manager |
| Manu Bettegowda | Partner |
| Alec McPherson | |
| Craig B. Reynolds | Director |
| James S. Burns | Director |
| John Krelle | Director |
Board of Directors
| Name (plus bio) | Position |
|---|---|
| Frances T Nusspickel | Chairman |
| Francis T. Nusspickel | Chairman |
| Frank Turner | Chairman |
| Stephen B. Oresman | Board of Directors |
Brian S. Moore has served as President and Chief Executive Officer and a member of the board of directors since the Company's acquisition of Mettis in June 2003. From April 1999 to June 2003, Mr. Moore served as the Chief Executive Officer of Mettis Group Limited, the parent company of Mettis. From April 1994 to March 1999, Mr. Moore held various positions with EIS Group plc, including Chairman of the Aircraft and Precision Engineering Division, and from 1987 to 1999, Mr. Moore served as Chief Executive Officer of AB Precision (Poole) Limited. Prior thereto, Mr. Moore served in various management positions at Vanderhoff plc, Land Rover Vehicles, Bass Brewing and Prudential Insurance, and as the Financial Director for a subsidiary of GEC Ltd. (UK). Mr. Moore has qualified as a Graduate Mechanical Engineer by the Institution of Mechanical Engineers (the qualifying body for mechanical engineers in the United Kingdom) and as an Accountant with the U.K. Chartered Institute of Management Accountants.
| Organization | Position | Status |
|---|---|---|
| Orthosupplier | President, Chief Executive Officer and Director | Current |
| Tnco Inc | President, Chief Executive Officer and Director | Current |
| Symmetry Medical Inc. | President, Chief Executive Officer and Director | Current |
| Symmetry Medical Inc. | Board of Directors | Current |
| Orthosupplier | Board of Directors | Current |
| Ab Precision Co. Inc | Chief Executive Officer | Former |
| Gec | Financial Director | Former |
D. Darin Martin has served as Senior Vice President of Quality Assurance and Regulatory Affairs since June 2003. From 1994 to 2003, Mr. Martin served as Vice President of Quality Assurance and Regulatory Affairs. Mr. Martin joined the Company in 1990 as Director of Quality Assurance. From 1984 to 1990, Mr. Martin served as Quality Assurance Supervisor for Owens-Illinois Inc.’s Kimble HealthCare Division. Mr. Martin has been a member in various medical device industry associations, including a 20 year membership with the American Society of Quality, Biomedical Devices-NE Indiana Division. Mr. Martin received a B.S. in Business Management from Ball State University, a S.P.C. Instructor Certification from Baldwin-Wallace College and a M.B.A. from Kennedy-Western University.
| Organization | Position | Status |
|---|---|---|
| Symmetry Medical Inc. | Senior Vice President Reg. Affairs & Cco | Current |
| Orthosupplier | Senior Vice President of Quality Assurance, Regulatory Affairs | Current |
| Tnco Inc | Senior Vice President of Quality Assurance, Regulatory Affairs | Current |
| Symmetry Medical Inc. | Director of Quality Assurance | Former |
| Owens-Illinois, Inc. | Quality Assurance Supervisor | Former |
| Kennedy-Western University | M.B.A. | Former |
| Ball State University | B.S. In Business Management | Former |
| Organization | Position | Status |
|---|---|---|
| Symmetry Medical Inc. | CFO & Senior Vice President | Current |
| Orthosupplier | Senior Vice President, Chief Financial Officer | Current |
| Tnco Inc | Senior Vice President, Chief Financial Officer | Current |
| Indiana University | B.S. In Finance | Former |
| Organization | Position | Status |
|---|---|---|
| Orthosupplier | Chief Operating Officer, Europe | Current |
| Symmetry Medical Inc. | Coo, Europe | Current |
| Tnco Inc | Chief Operating Officer, Europe | Current |
| Symmetry Medical Inc. | Senior Vice President and General Manager, Europe | Former |
| Rolls-Royce plc | Former | |
| Rolls Royce | Former | |
| Symmetry Corp | Former | |
| British Telecom | Former | |
| The Rover Group, Inc | Former | |
| Warwick University | Masters Degree In Business Administration | Former |
MICHAEL W. CURTIS was promoted to the position of the Corporation's Senior Vice President and Chief Operating Officer, USA as of January 1, 2008. Mr. Curtis joined the Corporation in November 2002. Prior to joining the Corporation, Mr. Curtis served as Vice President of Operations for Lightchip, Inc. from May 2000 to 2002, and from 1998 to 2000, Mr. Curtis served as Vice President/General Manager of Communications Products at Thomas & Betts Corporation. From 1994 to 1997, Mr. Curtis was employed at Amphenol Aerospace Amphenol Corporation, initially as a Business Unit Manager and subsequently as Director of Filter Products. From 1976 through 1994, Mr. Curtis served in various capacities at Hamilton Standard Division of United Technologies Corporation, the last of which was Product Line Manager. Mr. Curtis received his B.S., M.B.A. and M.S. in Engineering Management from Western New England College.
| Organization | Position | Status |
|---|---|---|
| Symmetry Medical Inc. | Senior Vice President and Chief Operating Officer, USA | Current |
| Orthosupplier | Chief Operating Officer, USA | Current |
| Tnco Inc | Chief Operating Officer, USA | Current |
| Symmetry Medical Inc. | Senior Vice President & General Manager, Medical Prod, USA | Former |
| Thomas & Betts Corporation | Vice President | Former |
| Thomas & Betts Corporation | General Manager | Former |
| Filter Products Company | Director | Former |
| Western New England College | M.S. in Engineering Management | Former |
Ronda L. Harris joined Symmetry Medical Inc. on July 14, 2008 with extensive experience in financial management, planning and implementation of effective financial reporting and financial control processes. Prior to joining Symmetry, Ms. Harris served as Assistant Controller of General Electric’s Consumer and Industrial Business. Ronda L. Harris began her career at Pricewaterhouse Coopers. Ms. Harris received a Bachelor of Science degree from Indiana University.
| Organization | Position | Status |
|---|---|---|
| Symmetry Medical Inc. | Chief Accounting Officer | Current |
| Orthosupplier | Chief Accounting Officer | Current |
| Symmetry Corp | Former | |
| Indiana University | Bachelor of Science Degree | Former |
| Organization | Position | Status |
|---|---|---|
| Symmetry Medical Inc. | Senior Vice President, Marketing, Sales, Business Development and Investor Relations Officer | Current |
| Symmetry Medical Inc. | Executive Officer | Current |
| Symmetry Othy | Senior Vice President Sales | Former |
| Lake Forest Graduate School of Management | M.A. In Speech and Hearing Sciences | Former |
| Indiana University | B.A. and M.A. In Speech and Hearing Sciences | Former |
| Organization | Position | Status |
|---|---|---|
| Symmetry Medical Inc. | Senior Vice President | Current |
| Organization | Position | Status |
|---|---|---|
| Symmetry Medical Inc. | Vice President & General Manager | Current |
| The Pennsylvania State University | M.B.A. | Former |
| Central Michigan University | M.A. In Industrial Administration and Statistics | Former |
| Michigan State University | B.S.M.E. | Former |
| Organization | Position | Status |
|---|---|---|
| Symmetry Medical Inc. | Vice President & General Manager | Current |
| Jet Engineering, LLC | Senior Vice President | Former |
| Jet Engineering, LLC | Manager | Former |
| Jet Engineering, LLC | Programmer | Former |
| Lansing Community College | Associates Degree | Former |
| Organization | Position | Status |
|---|---|---|
| Symmetry Medical Inc. | Vice President, Investor Relations | Current |
| Organization | Position | Status |
|---|---|---|
| Symmetry Medical Inc. | Senior Vice President & General Manager | Current |
Mr. Bettegowda joined Olympus in 1998 as an Analyst. He was promoted to Partner in 2005. He is responsible for new investment solicitation, due diligence, and monitoring several Olympus portfolio companies, which have included Shemin Nurseries and Pennant Foods. Mr. Bettegowda has served on the Boards of Professional Service Industries, Homax Products and Symmetry Medical. Previously, Mr. Bettegowda worked at Bowles Hollowell Conner & Co. where he focused on mergers and acquisitions, leveraged buyouts, and refinancings of middle market companies. He received his A.B. from Duke University.
| Organization | Position | Status |
|---|---|---|
| Olympus Partners | Partner | Current |
| Olympus Corporation | Partner | Current |
| Homax Products, Inc. | Partner | Current |
| Symmetry Medical Inc. | Partner | Current |
| Bowles Hollowell Conner | Team Member | Current |
| Pennant Foods | Board Member | Current |
| Shemin Nurseries, Inc. | Board Member | Current |
| Olympus Partners | Associate | Current |
| Duke University | A.B. | Former |
| Organization | Position | Status |
|---|---|---|
| Symmetry Medical Inc. | Current | |
| Honeywell International Inc. | General Manager | Former |
| Honeywell International Inc. | Director of Manufacturing | Former |
| Honeywell International Inc. | Plant Manager | Former |
| The Pennsylvania State University | M.B.A. | Former |
| Central Michigan University | M.A. in Industrial Administration and Statistics | Former |
| Michigan State University | B.S.M.E. | Former |
| Organization | Position | Status |
|---|---|---|
| Symmetry Medical Inc. | Chairman | Current |
FRANCIS T. NUSSPICKEL has served as a director and member of the Board's Audit Committee since the completion of our initial public offering in December 2004. Mr. Nusspickel is the current Chairman of the Audit Committee. Mr. Nusspickel also served as a member of the Governance and Nominating Committee from 2004 through 2006, at which time he resigned to accept positions on the Compensation and Organizational and Finance and Systems Committees, on which he continues to serve. Mr. Nusspickel is a retired audit partner of Arthur Andersen LLP. Mr. Nusspickel spent the majority of his 35 years of public accounting expertise in Arthur Andersen's Transportation Industry Group and was the worldwide Industry Head for the Ocean Shipping Segment. Mr. Nusspickel is a certified public accountant and from 2004 to 2007 served as Chairman of the Professional Ethics Committee of the New York State Society of Certified Public Accountants. Mr. Nusspickel was a former member of the Council of the American Institute of Certified Public Accountants and a former President of the New York State Society of Certified Public Accountants. Mr. Nusspickel serves as a director for Tsakos Energy Navigation Limited. Mr. Nusspickel received his B.B.A. from Manhattan College.
| Organization | Position | Status |
|---|---|---|
| Symmetry Medical Inc. | Chairman | Current |
| Tsakos Energy Navigation Ltd. | Director | Current |
| Tnco Inc | Director | Current |
| Orthosupplier | Director | Current |
| Symmetry Medical Inc. | Board of Directors | Former |
| Manhattan College | B.A. | Former |
Frank Turner is Chairman, SR Technics Holding AG and has served as a member of the board of directors since August 2003. Mr. Turner served as Chief Executive Officer of British Midland Aviation Services Limited from 1996 to 1999 as well as a director from 1997 to 1999. He served as Managing Director of Lucas Aerospace Limited as well as a director of Lucas Industries plc from 1992 to 1995. Prior thereto, Mr. Turner spent 33 years at Rolls-Royce plc. Mr. Turner currently serves as Chairman of the Board of Potenza Enterprises Ltd., which provides corporate support through non-executive and advisory board roles. He also serves as Chairman for Potenza Group, Aero Inventory plc and SRTechnics Holding, as a director for Mott MacDonald plc and Mettis Group Limited, the former parent company of Mettis, and as an advisor on the aerospace and aviation industry to 3i plc and Star Capital Partners. Over the past 17 years, Mr. Turner has sat on the boards of directors of 13 companies, including among others, Rolls-Royce Inc., Allied Steel & Wire plc, International Aero Engines AG and Wagon plc. He received his BSc in mechanical and production engineering from the University of Salford in the United Kingdom and his M.B.A. from the International Executive Program at Columbia University.
| Organization | Position | Status |
|---|---|---|
| Symmetry Medical Inc. | Chairman | Current |
| SR Technics Holding | Chairman | Current |
| Tnco Inc | Chairman | Current |
| Star Capital Partners Limited | Chairman of Senior Technics | Current |
| Aero Inventory Plc. | Chairman | Current |
| International Federation of Airworthiness | Board of Directors | Current |
| Rolls Royce | Former | |
| Aero Inventory Plc. | Board of Directors | Former |
| Rolls-Royce plc | Main Board Director | Former |
| SR Technics Holding | Board of Directors | Former |
| International Aero Engines AG | Board of Directors | Former |
| Symmetry Medical Inc. | Director | Former |
| University of Salford | Bsc In Mechanical and Production Engineering | Former |
Craig has been an officer and director of Respironics since the completion of the merger between the company and Healthdyne Technologies, Inc. on February 11, 1998. In August 1999, during the reorganization of the company, Reynolds assumed the responsibility of executive vice president and chief operating officer. Prior to joining Respironics, Reynolds served as president (since 1987) of Healthdyne Technologies and chief executive officer (since 1993). Before that time, January 1985 to December 1986, he served as president of the Healthdyne Cardiovascular Division. Between January 1981 to December 1984 he served as vice president of business and technology development of the Technologies Division of Healthdyne. Prior to his association with Healthdyne, Reynolds was employed by Puritan-Bennett Corporation and Procter & Gamble. A native of New York, Reynolds earned a bachelor's degree in industrial management from the Georgia Institute of Technology and an MBA in marketing from Georgia State University.
| Organization | Position | Status |
|---|---|---|
| Philips Respironics | President | Current |
| Philips Respironics | Executive Vice President & COO | Current |
| Philips Respironics | Officer | Current |
| Philips Respironics | Board of Directors | Current |
| Symmetry Medical Inc. | Director | Current |
| Orthosupplier | Director | Current |
| Procter & Gamble | Former | |
| Georgia State University | MBA In Marketing | Former |
James S. Burns became a Director of Vermillion in 2006. He served as President & CEO of Entremed from June 2004 until December 2008. Mr. Burns was a co-founder and served as President and as Executive Vice President of MedPointe Inc., a specialty pharmaceutical company. From 2000-2001, he served as a founder and Managing Director of MedPointe Capital Partners, a private equity firm that led the leveraged buyout to form MedPointe Pharmaceuticals. From 1993-1999, Mr. Burns served as a founder, Chairman, President and CEO of Osiris Therapeutics, Inc., a privately held biotechnology company. From 1986-1992, he was Vice Chairman of HealthCare Investment Corporation and a founding General Partner of Healthcare Ventures L.P., a venture capital partnership specializing in forming companies built around new pharmaceutical and biotechnology products. From 1981-1986, Mr. Burns served as Group President and as Vice President of the Laboratory Products Group at Becton Dickinson and Company. Previously, he was a Vice President and Partner at Booz Allen & Hamilton. Mr. Burns is Chairman of the Executive Committee of the International BioResources Group, the American Type Culture Collection (ATCC), and a Trustee of the University of Maryland Biotechnology Institute. He earned his BS and MS degrees in biological sciences from the University of Illinois and an MBA degree from DePaul University.
| Organization | Position | Status |
|---|---|---|
| Vermillion | Board of Directors | Current |
| EntreMed, Inc. | Board of Directors | Current |
| Symmetry Medical Inc. | Director | Current |
| Orthosupplier | Director | Current |
| Mia Vermillion | Board of Directors | Current |
| Tnco Inc | Director | Current |
| Mia Vermillion | Committee Member | Current |
| Osiris Therapeutics, Inc. | CEO | Former |
| EntreMed, Inc. | President | Former |
| Osiris Therapeutics, Inc. | President | Former |
| Med-Pointe | Executive Vice President | Former |
| Booz Allen Hamilton, Inc. | Vice President | Former |
| Becton, Dickinson & Company | Vice President | Former |
| MedPointe Pharmacuticals | Managing Director | Former |
| Osiris Therapeutics, Inc. | Founder | Former |
| MedPointe Pharmacuticals | Founder | Former |
| Booz Allen Hamilton, Inc. | Partner | Former |
| The Carlyle Group Inc. | Former | |
| The Cypress Group LLC | Former | |
| Osiris Therapeutics, Inc. | Chairman | Former |
| Ciphergen Biosystems, Inc. | Board of Directors | Former |
| University of Illinois | M.S. Degrees In Biological Sciences | Former |
| DePaul University | MBA Degree | Former |
| DePaul University | B.S. | Former |
| University of Illinois | B.S. | Former |
| Organization | Position | Status |
|---|---|---|
| Fziomed, Inc. | President and Chief Executive Officer | Current |
| Symmetry Medical Inc. | Director | Current |
| Orthosupplier | Director | Current |
| Fziomed, Inc. | Board of Directors | Current |
| Fziomed, Inc. | President and Chief Operating Officer for Fziomed | Former |
| Centerpulse | Head of Spine, Trauma and Business Development | Former |
| Zimmer Holdings, Inc. | Former |
Stephen B. Oresman was elected as a member of the board of directors prior to the completion of the Company’s initial public offering in August 2004. Since 1991, Mr. Oresman has served as President of Saltash, Ltd., a management consulting firm. From 1988 to 1991, he was a partner and Vice President of The Canaan Group consulting firm. Mr. Oresman’s early career included ten years in the manufacturing sector, including Bausch & Lomb, Inc. and Interlake Steel Corp. Subsequently, Mr. Oresman joined Booz-Allen Hamilton, Inc., where he served various positions, including Managing Officer of the firm’s Eastern Region and Chairman of Booz-Allen Hamilton International. Mr. Oresman later joined BBDO International as President of the firm’s independent marketing companies. Mr. Oresman currently serves as Chairman of the Board of Technology Solutions Company and as a director of Cleveland-Cliffs Inc. and numerous conservation and ornithology institutions. Mr. Oresman received his B.A. from Amherst College and his M.B.A. from the Harvard Business School.
| Organization | Position | Status |
|---|---|---|
| Technology Solutions Company | Chairman of the Board | Former |
| Orthosupplier | Director | Current |
| Tnco Inc | Director | Current |
| Cleveland-Cliffs Inc. | Director | Current |
| Technology Solutions Company | Chief Executive Officer | Former |
| Canaan Group, Ltd. | Vice President | Former |
| Canaan Group, Ltd. | Partner | Former |
| Booz Allen Hamilton, Inc. | Former | |
| Harvard Business School | M.B.A. | Former |
| Amherst College | B.A. | Former |
Executive News
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Mortgage giant execs face counts
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Symmetry Medical Widens Q1 Profit
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Symmetry Medical net income up 70 percent
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Plant purchase boosts Symmetry
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