Healthcare >> CEO Interviews >> September 7, 1998
A. MALACHI (MAL) MIXON, III is Chairman of the Board and Chief Executive
Officer of Invacare Corporation (NASDAQ), the leading worldwide
manufacturer and distributor of home health care products. 1998 sales
will approximate $850 million. Mal led a leveraged buy-out of Invacare
in 1979, when sales were $19 million. Mal serves on the boards of The
Sherwin-Williams Company (NYSE), the Lamson & Sessions Company (NYSE),
and NCS HealthCare, Inc. (NASDAQ). He also is a founding investor in MCM
Capital Corporation, a Cleveland venture capital company; and RoundWood
Capital, a Cleveland limited money management partnership. Additionally,
Mal has been an active investor in many successful Cleveland-area
ventures which became public companies including Royal Appliance
Manufacturing Company (NYSE), STERIS Corporation (NASDAQ), and NCS
HealthCare, Inc. (NASDAQ). In 1997, Mal was honored by the National
Multiple Sclerosis Society with the Hope Award for distinguished civic
and community service and the Students in Free Enterprise (SIFE)
organization presented him with the America's Free Enterprise Legend
Award. Mal was inducted as a charter member into the Cleveland Business
Hall of Fame in 1996. The Paralyzed Veterans of America honored him with
the 1996 Corporate Patriot Award in recognition of his significant
commitment to the PVA and to all those who have sacrificed in defense of
our country. The National Society of Fund Raising Executives Greater
Cleveland Chapter honored Mal in 1995 as Outstanding Philanthropist. In
1992, he was awarded the Inc. Magazine Master Entrepreneur of the Year
Award for Northeast Ohio and the International Business Executive of the
Year Award by The Cleveland World Trade Association. The Harvard
Business School Club of Cleveland honored Mal with the Dively
Entrepreneurship Award in 1984. A graduate of Leadership Cleveland
(1986), Mal's current civic activities include serving as Chairman of
the Board of Trustees of The Cleveland Clinic Foundation and the
Cleveland Institute of Music. He also serves on the boards of Case
Western Reserve University and Cleveland Tomorrow. In 1992, Mal
established a chair in entrepreneurial studies at the Weatherhead School
of Management at Case Western Reserve University in Cleveland, Ohio. Mal
is originally from Oklahoma and is proud of his Cherokee Indian descent.
He is a graduate of Harvard College (BA) and Harvard Business School
(MBA). Between degrees, Mal served four years in the U.S. Marine Corps,
including a year in Vietnam, attaining the rank of Captain. Mal and his
wife, Barbara, have two adult children, Elizabeth and Ki, and live in
Chagrin Falls, Ohio. He enjoys hunting, playing the piano, golf and
jogging. Profile
Mr. Mixon: Invacare is the world's leading manufacturer and distributor
of medical products used in the home environment. In addition, we
