Michael Mahoney - Boston Scientific Chairman

BSX Stock  USD 91.50  1.33  1.47%   

Chairman

Mr. Michael F. Mahoney is Chairman of the Board, President, Chief Executive Officer of the Company. He joined the Company as our President in October 2011, and became our President and Chief Executive Officer and a director in November 2012. Mr. Mahoney became our Chairman of the Board in May 2016. Prior to joining the Company, he was Worldwide Chairman of the Medical Devices and Diagnostics division of Johnson Johnson from January 2011 to September 2011, overseeing 50, 000 employees and seven franchises. Prior to assuming this position, Mr. Mahoney served as Worldwide Group Chairman of Johnson Johnson DePuy franchise, an orthopedics and neurosciences business, from April 2007 through January 2011. From January 2001 through March 2007, Mr. Mahoney served as President and Chief Executive Officer of Global Healthcare Exchange, a provider of supply chain solutions and services that brings together hospitals, manufacturers, distributors and group purchasing organizations since 2016.
Age 59
Tenure 8 years
Address 300 Boston Scientific Way, Marlborough, MA, United States, 01752-1234
Phone508 683 4000
Webhttps://www.bostonscientific.com
Mahoney began his career at General Electric Medical Systems, where he spent 12 years, culminating in the role of General Manager of the Healthcare Information Technology business.

Boston Scientific Management Efficiency

The company has Return on Asset of 0.049 % which means that on every $100 spent on assets, it made $0.049 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.0892 %, implying that it generated $0.0892 on every 100 dollars invested. Boston Scientific's management efficiency ratios could be used to measure how well Boston Scientific manages its routine affairs as well as how well it operates its assets and liabilities. At this time, Boston Scientific's Return On Tangible Assets are fairly stable compared to the past year. Return On Capital Employed is likely to rise to 0.14 in 2024, whereas Return On Equity is likely to drop 0.06 in 2024. At this time, Boston Scientific's Total Assets are fairly stable compared to the past year. Non Current Assets Total is likely to rise to about 30.1 B in 2024, whereas Other Current Assets are likely to drop slightly above 544.2 M in 2024.
Boston Scientific Corp has 9.49 B in debt with debt to equity (D/E) ratio of 0.51, which is OK given its current industry classification. Boston Scientific Corp has a current ratio of 1.42, which is typical for the industry and considered as normal. Note however, debt could still be an excellent tool for Boston to invest in growth at high rates of return.

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Boston Scientific Corporation develops, manufactures, and markets medical devices for use in various interventional medical specialties worldwide. The company was incorporated in 1979 and is headquartered in Marlborough, Massachusetts. Boston Scientific operates under Medical Devices classification in the United States and is traded on New York Stock Exchange. It employs 41000 people. Boston Scientific Corp (BSX) is traded on New York Stock Exchange in USA. It is located in 300 Boston Scientific Way, Marlborough, MA, United States, 01752-1234 and employs 48,000 people. Boston Scientific is listed under Health Care Equipment & Supplies category by Fama And French industry classification.

Management Performance

Boston Scientific Corp Leadership Team

Elected by the shareholders, the Boston Scientific's board of directors comprises two types of representatives: Boston Scientific inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Boston. The board's role is to monitor Boston Scientific's management team and ensure that shareholders' interests are well served. Boston Scientific's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Boston Scientific's outside directors are responsible for providing unbiased perspectives on the board's policies.
Edward Ludwig, Lead Independent Director
Donna James, Independent Director
Stephen MacMillan, Independent Director
Michael Mahoney, Chairman of the Board, President, Chief Executive Officer
Emily Woodworth, Global VP
Kevin Ballinger, Executive Vice President and Global President - Interventional Cardiology
Desiree RallsMorrison, Senior Vice President General Counsel, Corporate Secretary
Maulik Nanavaty, Senior Vice President and President - Neuromodulation
Ian Meredith, Executive Vice President Global Chief Medical Officer
David Pierce, Executive Vice President and President, MedSurg and President - Endoscopy
Ellen Zane, Independent Director
Joseph Fitzgerald, Executive Vice President, President, Interventional Cardiology
Eric Thepaut, Executive Vice President and President - Europe, Middle East and Africa
Daniel Brennan, CFO, Principal Accounting Officer and Executive VP
Nelda Connors, Independent Director
Wendy Carruthers, Executive Vice President - Human Resources
Jodi Eddy, Senior Vice President and Chief Information and Digital Officer
Catherine Jennings, VP Interventions
John Sorenson, Senior Vice President - Manufacturing and Supply Chain
Arthur Butcher, Executive Vice President and President, Asia Pacific
Daniel CPA, Executive CFO
Edward Mackey, Executive Vice President - Global Operations
Scott Olson, Senior Vice President, President - Cardiac Rhythm Management and Diagnostics
Vance Brown, Senior Vice President General Counsel, Corporate Secretary
Charles Dockendorff, Independent Director
Mary Moynihan, Senior Officer
John Sununu, Independent Director
Jeffrey Mirviss, Executive Vice President and President - Peripheral Interventions
Yoshiaki Fujimori, Independent Director
David Wichmann, Independent Director
David Roux, Independent Director
Susan Lisa, VP, Investor Relations
Jonathan Monson, Chief Accounting Officer, Vice President Global Controller
Jeffrey MBA, Executive Interventions
Meghan Scanlon, Senior Vice President and President - Urology and Pelvic Health

Boston Stock Performance Indicators

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