Healthcare Industry News: Baxter International
News Release - March 19, 2007
Honeywell HomMed Names New PresidentMichael Benjamin, industry veteran, brings medical equipment experience 25 years
BROOKFIELD, Wis., March 19 (HSMN NewsFeed) -- Honeywell (NYSE: HON ) HomMedŽ, a manufacturer of medical telemonitoring devices for home healthcare, announced today Michael Benjamin has been appointed president of the HomMed business.
Benjamin was most recently the general manager of CAD Implant, Inc. He was instrumental during the company's startup and in leading that company's accelerated growth. Over the last 20 years, he held a number of sales and management positions across several business units at Baxter International, including cardiovascular and critical care products.
"We are excited to have an industry veteran like Michael join our team. Our business will benefit from his industry experience as well as a proven track record in developing and leading sales-driven organizations," says Mark Levy, president of Honeywell Life Safety. "Coupled with his breadth of experience in marketing and business development in the healthcare industry, he has the knowledge and leadership to position Honeywell HomMed for growth and expansion in the home healthcare industry."
Benjamin holds a bachelor's degree in clinical pharmacy from Northeast University in Louisiana.
Honeywell HomMed LLC, a business enterprise within Honeywell's Life Safety division, is a leader in the medical device industry and concentrates all of its expertise on telemonitoring. Located in Milwaukee, WI, Honeywell HomMed's product line includes two models of telemonitors as well as proprietary Central Station software -- all are FDA Class II medical devices (hospital grade). Honeywell HomMed also provides a medication management device. Additional information about Honeywell HomMed can be found at: http://www.hommed.com .
Honeywell International is a $31 billion diversified technology and manufacturing leader, serving customers worldwide with aerospace products and services; control technologies for buildings, homes and industry; automotive products; turbochargers; and specialty materials. Based in Morris Township, N.J., Honeywell's shares are traded on the New York, London and Chicago Stock Exchanges. It is one of the 30 stocks that make up the Dow Jones Industrial Average and is also a component of the Standard & Poor's 500 Index. For additional information, please visit http://www.honeywell.com . Honeywell Process Solutions is part of Honeywell's Automation and Control Solutions group, a global leader in providing product and service solutions that improve efficiency and profitability, support regulatory compliance, and maintain safe, comfortable environments in homes, buildings and industry. For more information about Process Solutions, access http://www.honeywell.com/ps .
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