Welch Allyn's President and CEO Julie Shimer to Retire at the End of 2012

Julie Shimer, president and CEO of Welch Allyn, a manufacturer of frontline medical products and solutions, will retire at the end of 2012 after leading the company for the past five years, according to a news release.

Ms. Shimer joined the Welch Allyn's board of directors in 2002 and was tapped as CEO in 2007, becoming the first female CEO in the company's 95-year history. In March 2011, New York Gov. Andrew Cuomo appointed Ms. Shimer the chairperson for New York's Empire State Development Corporation. She currently holds board positions with Welch Allyn, Netgear and CenterState Corporation for Economic Opportunity.

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