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Henry Schein One Appoints New Chief Executive Officer

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Henry Schein One has appointed Mike Baird as Chief Executive Officer, aiming to enhance growth and drive digital innovations in the dental sector. Baird, who joined the company in July 2020 as Executive Advisor, will lead all business aspects and integrate solutions across Henry Schein's offerings. His experience in health care information technology positions him as a key player in advancing the company’s mission to improve practice management and patient engagement. The leadership change is expected to strengthen the firm’s commitment to customer-focused solutions.

Positive
  • Mike Baird's appointment as CEO could bring fresh perspectives and strategic focus to enhance growth.
  • Baird's prior role as Executive Advisor may ensure continuity in leadership and strategic direction.
Negative
  • Concerns may arise regarding the transition and potential continuity issues under new leadership.

Henry Schein One, a joint venture of Henry Schein, Inc., and Internet Brands, has announced that Mike Baird will assume the role of Chief Executive Officer, leading all aspects of Henry Schein One’s business. In his new role of CEO, Mr. Baird will lead the organization in driving growth, developing more seamlessly integrated products, and advancing digital innovations that help customers build stronger practices and deliver quality care.

(Photo: Business Wire)

(Photo: Business Wire)

“Taking on this role with Henry Schein One is an exciting opportunity to collaborate with an outstanding team,” Mr. Baird said. “We have tremendous potential to develop and execute forward-thinking strategies, that help our customers connect every aspect of their dental technology, so it works as one. Together with Henry Schein, Internet Brands, and our industry partners, we’ll continue to provide innovative, integrated software and services to our customers so they can focus on delivering quality care to their patients.”

Mr. Baird joined Henry Schein One in July 2020 as Executive Advisor to the Henry Schein One board of directors, where he helped develop strategic initiatives for the Company. In his new role, Mr. Baird will work with leaders across Henry Schein One, including the Company’s software businesses in Europe and Asia-Pacific, to continue developing industry-leading practice management, dental savings plans, marketing, office information technology (IT), and patient engagement solutions.

Mr. Baird’s team will also partner closely with Henry Schein Dental, utilizing the Company’s portfolio of supplies, equipment, and practice services to provide comprehensive solutions for customers.

Prior to joining Henry Schein One, Mr. Baird held several leadership positions in health care information technology, and most recently served as President of Health Systems at American Well.

“We are thrilled to have Mike assume the role of Chief Executive Officer for Henry Schein One,” said Stanley Bergman, Chairman of the Board and Chief Executive Officer, Henry Schein, Inc. “His accomplishments and achievements thus far in his career are a testament to his work ethic and his ability to execute forward-thinking strategies. I look forward to continuing to work with Mike to ensure dental professionals receive the very best solutions from Henry Schein Dental and Henry Schein One.”

“Henry Schein One’s mission is simple: provide all-encompassing practice management and patient engagement for dental professionals, so they can focus on patient care,” said Bob Brisco, Chief Executive Officer of Internet Brands. “I’m confident that under Mike’s leadership, Henry Schein One will accelerate the execution of our mission and continue to always put our customers’ needs first while providing practices with innovative, comprehensive solutions to enhance efficiency and clinical success.”

About Henry Schein One

Henry Schein One, a joint venture between Henry Schein, Inc and Internet Brands, is a software company providing integrated software and services to the dental industry. Headquartered in American Fork, Utah, the company offers market-leading solutions for dental practices, including Dentrix®, Dentrix Ascend®, Dentrix® Enterprise, Easy Dental®, TechCentral™, Demandforce®, Sesame Communications, Lighthouse360®, Officite, and DentalPlans.com® as well as international companies, including Software of Excellence, Logiciel Julie, InfoMed, Axium, Power Practice and LabNet, among others. For more information, visit www.henryscheinone.com.

About Henry Schein, Inc.

Henry Schein, Inc. (Nasdaq: HSIC) is a solutions company for health care professionals powered by a network of people and technology. With more than 19,000 Team Schein Members worldwide, the Company's network of trusted advisors provides more than 1 million customers globally with more than 300 valued solutions that help improve operational success and clinical outcomes. Our Business, Clinical, Technology, and Supply Chain solutions help office-based dental and medical practitioners work more efficiently so they can provide quality care more effectively. These solutions also support dental laboratories, government and institutional health care clinics, as well as other alternate care sites.

Henry Schein operates through a centralized and automated distribution network, with a selection of more than 120,000 branded products and Henry Schein private-brand products in stock, as well as more than 180,000 additional products available as special-order items.

A FORTUNE 500 Company and a member of the S&P 500® index, Henry Schein is headquartered in Melville, N.Y., and has operations or affiliates in 31 countries. The Company's sales reached $10.0 billion in 2019, and have grown at a compound annual rate of approximately 13 percent since Henry Schein became a public company in 1995.

For more information, visit Henry Schein at www.henryschein.com, Facebook.com/HenrySchein, and @HenrySchein on Twitter.

About Internet Brands

Headquartered in El Segundo, Calif., Internet Brands® is a fully integrated online media and software services organization focused on four high-value vertical categories: Health, Automotive, Legal, and Home/Travel. The company's award-winning consumer websites are a leader in their categories and serve more than 250 million monthly visitors, while a full range of web presence offerings has established deep, long-term relationships with SMB and enterprise clients. Internet Brands' powerful, proprietary operating platform provides the flexibility and scalability to fuel the company's continued growth. Internet Brands is a portfolio company of KKR and Temasek. For more information, please visit www.internetbrands.com.

FAQ

Who is the new CEO of Henry Schein One?

Mike Baird has been appointed as the new Chief Executive Officer of Henry Schein One.

What are Mike Baird's previous roles before becoming CEO of Henry Schein One?

Prior to his CEO role, Mike Baird served as Executive Advisor to the Henry Schein One board since July 2020.

What is the focus of Henry Schein One under the new CEO?

Under Mike Baird's leadership, the focus will be on driving growth and advancing digital innovations in dental technology.

How might the leadership change impact Henry Schein, Inc. (HSIC)?

The leadership change could strengthen Henry Schein One's strategic initiatives and customer services, potentially benefiting HSIC.

Henry Schein Inc

NASDAQ:HSIC

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Medical Distribution
Wholesale-medical, Dental & Hospital Equipment & Supplies
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United States of America
MELVILLE