Hanger Orthopedic Group, Austin, Texas, has appointed Vinit K. Asar as president and chief operating officer, effective immediately. He joined the company in December 2008 as executive vice president and chief growth officer with nearly 20 years of global business operations experience in the medical device sector at Johnson & Johnson, headquartered in New Brunswick, New Jersey. In his new position, Asar will continue to lead Hanger’s emerging businesses and growth opportunities, while taking on additional responsibility for Hanger’s SPS, Alpharetta, Georgia, and Linkia, Rockville, Maryland, business units in distribution and network management, respectively.
“Vinit has brought a new level of enterprise strategic thinking to Hanger,” Hanger Orthopedic Group Chief Executive Officer Thomas F. Kirk said. “We are confident this same commitment and foresight will translate to new success in the management of his new responsibilities.”
Over the past two years, Asar led the identification, development, and execution of new opportunities for Hanger’s existing operations and launched new business initiatives consistent with the company’s overall growth strategy. He played a primary role, ultimately assuming subsequent management of the business unit, in Hanger’s $155 million acquisition of Accelerated Care Plus (ACP), Reno, Nevada.
“I am continually inspired by Hanger’s outstanding talent, commitment to its patients and customers, and innovative products and services,” Asar said. “I am delighted to serve in this leadership position.”
