Hanger, Austin, Texas, announced that Samuel M. Liang has been tapped to become the next president of Hanger Clinic, also headquartered in Austin. He will start as an executive vice president at Hanger and work closely with incumbent Hanger Clinic President Richmond L. Taylor until the third quarter 2014, upon which time Liang will assume the role of president of Hanger Clinic. Taylor will remain an executive vice president of Hanger, and continue to work closely with Liang to ensure a smooth transition at Hanger Clinic until Taylor’s retirement on December 31, 2014.
“As former president and CEO of two medical device companies, Sam’s proven global leadership in healthcare aligns with Hanger Clinic’s continuing growth trajectory,” Hanger President and CEO Vinit Asar said. “Having worked with Sam previously, I can attest to his high integrity, strong collaborative style, and operational prowess. He has built outstanding relationships with physicians, customers, and other stakeholders in the medical community. I am confident Sam will continue to improve on our strong O&P business while injecting new perspectives and driving new prospects.”
Liang brings 30 years of global cross-functional experience in medical device and pharmaceutical business development and operations to his new position. He will join Hanger from Bayer HealthCare, Radiology & Interventional, Warrendale, Pennsylvania, where he served as senior vice president. Prior to that role, Liang served as president and CEO of MEDRAD, Warrendale, a business of Bayer HealthCare specializing in the development of diagnostic imaging and therapeutic medical devices and services, and of Vascular Therapies, Totowa, New Jersey, a vascular device company. He also held numerous leadership positions over 24 years at Cordis, Hialeah, Florida, a Johnson & Johnson, New Brunswick, New Jersey, company.
Liang earned a bachelor of science degree in mechanical engineering and material sciences from Duke University, Durham, North Carolina, and a master’s degree in management from the Kellogg School of Management, Northwestern University, Evanston, Illinois.
Taylor joined Hanger as executive vice president, and president and chief operating officer (COO) of Hanger Clinic in July 1999 as part of the $455 million NovaCare O&P, Alexandria, Virginia, acquisition where he had served as COO since 1996. During his 15-year tenure as president and COO of Hanger Clinic, Taylor built a new field leadership structure that harnessed organic growth, adapted substantial improvements to the Hanger Clinic business model, directed the adoption of the new Hanger Clinic brand, and drove key infrastructure investments such as a new product purchasing portal and the ongoing implementation of electronic health records. With the help of Taylor’s leadership, Hanger’s patient care business grew from 600 locations and $447 million in revenue in 2000 to over 740 clinics and $873 million in revenue in 2013.