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Hanger Reviews

77 Reviews
77 Reviews
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Hanger President & CEO Vinit K. Asar
Vinit K. Asar
32 Ratings
  • 2 people found this helpful  

    All I want for new years is a new Ceo

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Hanger full-time (more than 5 years)


    Good mission and good people.


    Ceo, financial teams are overworked and understaffed, lack of financial systems

    Advice to ManagementAdvice

    Advice to the board - this experiment is over. It is time for an established Ceo before the company is beyond repair and more key people leave or retire early.

    Internet: Mr. Vinit K. Asar has been the Chief Executive Officer and President of Hanger Orthopedic Group Inc. (known as Hanger, Inc.) since May 21, 2012 and September 12, 2011 respectively. Mr. Asar served as the President of Hanger Orthopedic Group from September 12, 2011 to May 21, 2012. He also served as Chief Growth Officer of Hanger Orthopedic Group since December 2008. He served as an Executive Vice President of Hanger Orthopedic Group Inc. from December 2008 to September 12, 2011. He has nearly 20 years of extensive global experience developing new health product and service businesses and growing existing organizations, both organically and through acquisitions.

    What has the Ceo accomplished?

    As the Cgo, started 3 businesses and all of them cost the company millions and all failed. As the Coo, was responsible for the finances, investments, budgets, direction of the company - how is Hanger in this position with the Sec, Sox, auditors, delayed company earnings? Since becoming the Ceo the company has missed 7 of 9 quarters. The company missed 1 quarter in the previous 5 years. The company has delayed its earnings announcements every quarter this year and the third quarter earnings announcement has not be scheduled. The board is being systematically replaced including the founder of the company. The stock price has dropped from 40 to 20 and shareholder lawsuits have commenced. When is enough, enough? Let the record speak for itself, it is time for a welcomed and positive change.

    Doesn't Recommend
    Negative Outlook

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