Hanger, Inc., announced that Pete Stoy, formerly the company’s president and chief operating officer (COO), has assumed the role of Hanger’s chief executive officer (CEO), effective immediately. He will also serve on the company’s board of directors.
Stoy’s appointment was announced in January as part of a multi-year succession plan and follows the retirement of Vinit Asar who held the CEO position for more than a decade. Asar will serve as executive chairman of Hanger’s board.
Since Stoy joined Hanger as COO in November 2020, he has made a significant impact, contributing to a number of growth initiatives, operational efficiencies, and business improvements. He has over 20 years of healthcare experience with leadership in large, complex organizations, and holds a designation as a Fellow of the American College of Healthcare Executives (FACHE).
