Hanger, Austin, Texas, announced the promotion and hiring of two senior executives to lead its two business segments, effective November 2. Regina Weger has been promoted to president, products and services, and Pete Stoy will join Hanger in the newly formed position of chief operating officer to lead the patient care segment.
Weger joined SPS, Alpharetta, Georgia, Hanger’s provider of O&P componentry distribution, more than 20 years ago. She was named SPS president in November 2019. Weger will oversee Hanger’s Accelerated Care Plus therapeutic solutions subsidiary. Together with SPS, these business units constitute over 17 percent of Hanger’s revenue thus far in 2020. Weger will continue to report to Hanger’s president and CEO, Vinit Asar, and serve on the senior leadership team.
Stoy has nearly 20 years of healthcare experience with leadership in large, complex organizations, and designation as a Fellow of the American College of Healthcare Executives (FACHE). He has led large-scale commercial, operational, supply chain, and finance functions. He is experienced with managing strategic relationships within integrated healthcare delivery systems.
Stoy joins Hanger from the healthcare business of Sodexo, where he most recently served as east region president, responsible for all operations, including thousands of provider and hospital-based support service employees. Prior to that, Stoy served in leadership positions at McKesson where he oversaw the multi-billion dollar McKesson US Pharmaceutical Health System segment, and also held senior positions in hospital sales and pharmaceutical distribution during his 13-year employment at Cardinal Health.
The new COO position of aligns the company’s patient care segment to reflect the increasing complexity, growth opportunities, and interdependencies of clinic operations, sales, marketing, supply chain management, as well as strategic oversight of the company’s corporate and business development programs, according to the announcement.