Ben L. Bailey Appointed CFO at Ottobock

Ottobock has named Ben L. Bailey as executive vice president and chief financial officer (CFO) of its North America operation. Bailey, a financial expert with more than 20 years of experience in the global healthcare and technology industries, succeeds Kathy Hernandez, who has been with the company since 2006.
 
“Ben’s vast international experience will be invaluable to Ottobock across North America and with our global parent,” said Dr. Wilson Constantine, CEO and Regional President of North American operations. “His proven track-record of managerial experience across finance, accounting and auditing, as well as strategic and tactical business planning, will be an asset to Ottobock as we continue to expand our presence in the region and help people regain their quality of life.” 
 
Bailey works directly with Hernandez, who is staying with the company through the end of the year, to learn Ottobock’s global processes and systems. Prior to joining Ottobock, Bailey was senior vice president and CFO, Radiation Oncology Solutions, at Varian Medical Systems, where he led teams in the Americas, Europe, and Asia. Bailey also served as vice president of Finance – Worldwide Sales FP&A for Hewlett Packard Enterprise, where he was responsible for strategic initiatives for a $17 billion business, as well as executive director of Finance – Japan.. 
 
Previously, Bailey was director of Finance, Enterprise Solutions Group, at Dell, and played significant finance roles in a number of companies, including Baker Hughes and KPMG Peat Marwick. 
 
“Ottobock has an incredible mission to help people maintain or regain their freedom of movement and I am proud to join such a life-changing organization,” Bailey said. “My goal is to continue to help the company grow through strategic initiatives and thoughtful business planning and execution.” 
 
Bailey earned a bachelor’s degree in business administration from the University of Texas at Austin. 
 
For more than 100 years, Ottobock has been developing fitting solutions for people with reduced mobility. With innovative power, technical solutions and services in prosthetics, orthotics, neuromobility and patient care, the company enables people in 135 countries to live their lives the way they want. As the world market leader in wearable human bionics, the company founded in 1919 is constantly setting new standards and pushing ahead with the digitalization of the industry – together with its partners, the medical supply companies and international research institutions. Since 2018, Ottobock has been transferring its expertise in biomechanics to exoskeletons for ergonomic workplaces. The international activities of the company are coordinated from the head office in Duderstadt (state of Lower Saxony). Ottobock has been supporting the Paralympic Games with its technical expertise since 1988.