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Owens & Minor

omi · NYSE Healthcare
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Ticker omi
Exchange NYSE
Sector Healthcare
Industry Medical - Distribution
Employees 5001-10,000
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FY2010 Annual Report · Owens & Minor
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Moving supplies demands a 

good sense of direction.

Especially about the future. 

2010 Annual Report
 & Form 10-K

 
E

very  day  at  Owens  &  Minor,  Inc.,  we  deliver  
thousands  of  vital  medical  and  surgical  products  
to our approximately 4,400 healthcare provider cus-
tomers around the nation. Operating from our Home  
Office  in Virginia  and  a  network  of  52  distribution  
centers around the nation, our 4,800 dedicated teammates accurately 
and quickly fulfill the critical supply needs of acute-care hospitals, in-
tegrated  healthcare  networks,  alternate-site  facilities,  and  the  federal 
government. This  massive  daily  logistics  effort  requires  a  keen  sense 
of direction and a high level of commitment from every single team-
mate  at  Owens  &  Minor. With  an  equally  clear  sense  of  direction  
about  the  future,  Owens  &  Minor  complements  its  distribution  
activities  with  a  wide  range  of  advanced  supply-chain  management 
tools  and  services  designed  to  improve  efficiency  in  the  health-
care  supply  chain.  Owens  &  Minor  has  also  brought  to  market  an  
advanced  third-party  logistics  service  aimed  at  manufacturers  and  
suppliers of healthcare products and devices. 

A FORTUNE 500 company, Owens & Minor’s common stock is  
traded  on  the  New York  Stock  Exchange  under  the  symbol  OMI.  
As a supply-chain leader over many generations, we are committed to  
creating long-term value for our shareholders through solid execution, 
a  keen  strategic  direction,  and  a  consistent  commitment  to  a  strong  
dividend policy. That commitment is manifested in a 10-year cumula-
tive total return of approximately 200%. 

Most importantly, as we serve the immediate and future needs of the 
healthcare industry, we rely on our mission, vision and values to point 
us  in  the  right  direction.  For  more  information,  visit  the  company’s 
website at www.owens-minor.com. 

Our Mission
To  create  consistent  value  for  our  customers  and  supply-chain  
partners that will maximize shareholder value and long-term earnings  
growth; we will do this by managing our business with integrity and 
the  highest  ethical  standards,  while  acting  in  a  socially  responsible  
manner with particular emphasis on the well-being of our teammates 
and the communities we serve.

Our Vision
To be a world-class provider of supply-chain management solutions to 
the selected segments of the healthcare industry we serve.  

Our Values
We believe in high integrity as the guiding principle of doing business.

We believe in our teammates and their well-being.

We believe in providing superior customer service. 

We believe in supporting the communities we serve. 

We believe in delivering long-term value to our shareholders.

Financial Highlights

(in millions, except per share data) 

Year ended December 31, (1) (2)  

2010 

2009 

2008 

’10/’09 

’09/’08 

Net revenue 

$8,123.6  

$8,037.6  

$7,243.2  

1.1% 

Income from continuing operations 

$110.6  

$116.9  

$101.3   

(5.4%) 

11.0% 

15.4% 

Loss from discontinued 
operations, net of tax 

Net income 

Income (loss) per share - diluted: (3)  

  Continuing operations 

  Discontinued operations 

  Net income per common share - diluted 

— 

($12.2) 

($7.9) 

NM(5) 

NM 

$110.6  

$104.7  

$93.3  

5.6% 

12.2% 

$1.75  

—  

$1.75  

$1.86  

($0.19) 

$1.67  

($0.13) 

$1.50  

NM 

4.8% 

$1.63 

(5.9%) 

14.1% 

Cash dividends per common share (3) 

$0.708  

$0.613  

Book value per common share at year-end (3) (4) 

$13.52  

$12.23  

$0.533 

$11.08 

Stock price per common share at year-end (3) 

$29.43  

$28.62  

$25.10  

Total assets 

Total debt 

$1,822.0  

$1,747.1  

$1,776.2 

$210.9  

$210.9  

$362.0 

15.5% 

10.5% 

2.8% 

4.3% 

NM 

Shareholders’ equity  

$857.5  

$769.2  

$689.1 

11.5% 

NM 

11.3% 

15.0% 

10.4% 

14.0% 

(1.6%) 

(41.7%) 

11.6%	

1)  In January 2009, the company exited its direct-to-consumer business (the DTC Business). Accordingly, the DTC Business is presented as discontinued  

operations for all periods presented. For additional information regarding discontinued operations, see Note 4 of Notes to Consolidated Financial Statements.
2)  We terminated our frozen defined benefit pension plan in the fourth quarter of 2010 and recognized a settlement charge of $19.6 million ($11.9 million after  

taxes, or $0.19 per common share). See Note 13 of Notes to Consolidated Financial Statements.

3)  Prior periods have been retroactively adjusted to reflect a three-for-two stock spllit effected on March 31, 2010. See Note 1 of Notes to Consolidated  

Financial Statements. 

4)  Represents shareholders’ equity divided by year-end common shares outstanding. 
5)  NM - Percent change is not meaningful.

REVENUE

NET INCOME

$8.04

$8.12

$7.24

$110.6

$104.7

$93.3

INCOME PER 
DILUTED SHARE FROM 
CONTINUING OPERATIONS

$1.86

$1.75

$1.63

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2008   2009  2010

2008   2009  2010

2008   2009  2010

2008   2009  2010

2010 Annual Report & Form 10-K

1

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To Our Shareholders

Dear Shareholders, Teammates, and Friends: 

F

or 129 years, Owens & Minor has served the needs of the healthcare 
market  with  a  combination  of  hard  work,  innovation,  operational  
excellence,  and  exceptional  customer  service,  and  2010  was  no  
exception. The operational demands of accurately delivering thousands 
of orders of medical and surgical supplies to our 4,400 healthcare customers 
across the nation each day are challenging. The deliveries alone require our fleet to make 
the equivalent of 45 trips across the United States every single work day. Despite the intense  
demands  of  our  day-to-day  operations,  we  are  equally  focused  on  the  challenges  and  
demands of the future. We believe we are on a course that enables us to continue to take 
exceptional care of our customers, while successfully positioning our company to address the 
future needs of healthcare. 

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Looking  back,  we  see  that  2010  was  a  tough  year  for  the  healthcare  industry.  Lower-
than-normal utilization of healthcare services affected healthcare companies across the board,  
including Owens & Minor. However, we ended the year on a positive note by achieving our 
earnings goal for the year, signing significant new customers, terminating our previously fro-
zen pension plan, advancing our strategic initiatives, and generating strong operating cash flow. 
Despite the challenges in 2010, I am pleased to report that we consistently adhered to our 
mission, vision and values, while improving our reputation for exceptional customer service. 
In 2010, we were selected by several new healthcare organizations as their distribution 
partner. As we look ahead, we know that large, integrated healthcare networks (IHNs) can 
benefit from the high-caliber distribution services and advanced supply-chain management 
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tools and services that we provide. We have the national footprint, the supply-chain expertise, 
the flexibility, and the creativity necessary to serve the complex needs of these large IHNs. 

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During  the  year,  we  continued  to  invest  in  our  future. We  revamped  our  internal  
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customer service platform, enabling our teammates to serve customers with greater speed 
and accuracy. We also realized returns on our infrastructure investments, such as the voice-
pick technology and automation in our distribution centers. Our operational performance 
indicators offer proof, as lines per hour, picking credits, and sales per square foot have all 
100
improved when compared to the same measures in 2005. Thanks to the forward-thinking 
investments we have made to upgrade our technology and facilities, a teammate working 
in an Owens & Minor distribution center today is simply faster, more efficient, and more 
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accurate than he or she has ever been. 

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While we invested in our infrastructure in 2010, we also invested in our future strategic 
direction. Our third-party logistics (3PL) team, OM HealthCare Logistics, signed a five-year 
agreement with CareFusion (NYSE:CFN), allowing us to accelerate the pace of building 
0
our 3PL capabilities. To accommodate this customer, we opened a West Coast logistics center  
to  complement  our  Louisville,  Kentucky,  logistics  facility. With  these  two  state-of-the-art  
logistics centers, we are now equipped to provide 3PL services for a wider range of healthcare 
manufacturers and suppliers. Our West Coast facility also gives us access to significant ports of 
entry and healthcare products entering the U.S. from Asian markets. With two logistics cen-
ters up and running, a slate of advanced logistics services, and a marquee customer onboard, 
we have created a compelling 3PL alternative in the healthcare market. Manufacturers are  

“Thanks to the forward-
thinking investments we 
have made to upgrade 
our technology and 
facilities, a teammate 
working in an Owens & 
Minor distribution center 
today is simply faster, 
more efficient, and more 
accurate than he or she 
has ever been.”

LINES PER HOUR

17.2

16.3

15.5

15.2

16.0
1.59

SALES PER WAREHOUSE

SQUARE FOOT

1,470

1,462

1,422

1,342

1,205

PICKING CREDITS

PER 1,000 LINES

1.19

1.11

0.88

0.70

0.60

2006  2007  2008  2009  2010

2006  2007  2008  2009  2010

2006  2007  2008  2009  2010

2010 Annual Report & Form 10-K

3

      
       
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“In light of the low 
growth profile of our 
market in 2010, we  
were pleased that  
we achieved our  
earnings goal for the 
year, ending 2010 on  
a positive note.”  

increasingly  seeking  to  leverage  our  logistics  expertise,  our  reputation  in  healthcare,  and 
our extensive distribution channel. Consequently, our various logistics services are gaining 
traction with manufacturers and suppliers. 

While the impact of healthcare reform remains uncertain, the healthcare provider market 
is moving ahead, and the response in many cases is consolidation. Hospitals are consolidating  
to  form  larger  IHNs.  These  IHNs  are  acquiring  facilities  and  building  or  purchasing  
outpatient surgery centers and physician practices. Consequently, today’s healthcare provider 
must juggle multiple supply chains. Our goal is to bring as much of that supply chain under 
our umbrella as possible. Our best-in-class supply-chain solutions are designed to alleviate 
the daily pressure on the IHN customer from multiple suppliers, scores of daily deliveries, 
and thousands of disparate invoices. As we prepare for the future, we continue to believe 
that our long-standing legacy in healthcare, unique culture, highly developed supply-chain 
expertise, and reputation for innovation will ensure that Owens & Minor continues to play 
a vital role in the healthcare market. 

Looking at our financial results for 2010, we see clear evidence that it was an unusual 
year in our market. As a result of lackluster utilization of healthcare services, driven by high 
unemployment and cautious consumer behavior, our net revenues grew only 1.1% for the 
year to more than $8.1 billion. However, a combination of expense management and lower 
comparative incentive expenses led to lower SG&A as a percentage of revenues. Operating  
earnings for the year, once adjusted for the pension plan settlement charge, were nearly 
$216  million,  or  2.65%  of  net  revenues,  representing  an  improvement  of  approximately 
$15 million when compared to 2009. For the year, adjusted net income per diluted com-
mon share was $1.94, within the earnings goals we established for 2010. In light of the low 
growth profile of our market all year, we were pleased that we achieved our earnings goal 
for  the  year,  ending  2010  on  a  positive  note. These  accomplishments  were  all  the  more  
impressive in light of the investments we made in our infrastructure, strategic initiatives, and 
preparations for onboarding new customers. 

Asset management remains a hallmark of Owens & Minor. Our “days sales outstanding” 
as of the end of the year reached an all-time low at 19.6 days, and we ended the year with 
very strong operating cash flow. These achievements resulted directly from the collective  
efforts  of  our  teammates,  including  those  who  manage  our  credit,  our  cash,  and  our  
customer relationships to achieve consistently enviable results. 

LINES PER HOUR

17.2

16.3

15.5

15.2

16.0

1.59

SALES PER WAREHOUSE
SQUARE FOOT

1,470

1,462

1,422

1,342

1,205

PICKING CREDITS
PER 1,000 LINES

Our strong track record on asset management gives us the flexibility to deploy capital 
on a number of fronts. One avenue for capital deployment is investment in our business to  
ensure that we can execute our plans for the future.  We will also pursue strategic acquisitions  
or opportunities to partner with strategically relevant companies, and we have the flexibility 
to act when the opportunity arises. As we have said before, any such opportunities must fit 
our strategy, our culture, and our mission in healthcare. As we look ahead, we continue to 
balance the investments we make to ensure a robust future in healthcare with the effective 
day-to-day management of our resources. 

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1.11

1.19

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Consistency, strong operating results, and effective asset management give Owens & Minor  
a platform to return value to our shareholders through our dividend policy. Over ten years, 
our cumulative total return is approximately 200%, an impressive result when compared to 
the S&P 500 Index, which had a cumulative total return of 15.1% over the same period. 
Accordingly, our board of directors approved a 13% increase in our first quarter 2011 divi-
dend, as well as a $50 million share repurchase program over three years, which is designed 
to offset dilution from share-based incentives for our team. 

0.60

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2006  2007  2008  2009  2010

The leadership of our board of directors is a critical factor in our success, and I would 
like to recognize two board members who will retire in 2011, after many years of dedicated 
service to Owens & Minor. We say farewell and thank you to John Crotty and James Ukrop. 

2006  2007  2008  2009  2010

4

2010 Annual Report & Form 10-K

       
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“Every day and every 
year, we depend on our 
teammates to serve our 
customers, manage our 
assets, meet our goals, 
and serve our communi-
ties. They are the reason 
for our success.”

At the same time, we welcome two new board member nominees: John Gerdelman and 
Lemuel Lewis. These gentlemen bring diverse skills to the table, but share a commitment to 
the continued growth and success of Owens & Minor, as we build on our legacy. 

Our  legacy  results  from  many  decades  of  consistently  providing  exceptional  customer 
service and operational excellence. We constantly measure our performance to ensure that 
we are delivering a quality service to the market. Accordingly, we survey our customers each 
year to ensure that we are meeting their expectations. For 2010, 99% said they were either  
“satisfied”  or “very  satisfied”  with  our  service,  representing  an  improvement  compared  to 
the year before. We view this as a strong validation of the care we take with every order, 
every delivery, and every customer. We also attracted notice for our outstanding operational  
abilities, as we were ranked No. 1 on Gartner’s “Healthcare Supply Chain Top 25 Leaders” for 
2010. For a company with a 129-year legacy in healthcare, that is no small accomplishment.  
We were also named to Fortune magazine’s “Most Admired Companies” list in 2010, rank-
ing No. 2 in our industry sector. Does this sort of acclaim matter? We believe it does. These 
honors demonstrate that we serve our customers with excellence every single day. But, we 
are not satisfied. We know that excellence demands daily attention, and we are unwavering 
on that score. 

The  awards  and  recognition  we  receive  result  directly  from  the  dedication  of  our  
teammates  nationwide. We  remain  committed  to  fielding  the  best-trained  workforce  in 
healthcare and to developing the future leaders of our company. Through Owens & Minor 
University® (OMU®), we continually invest in improving their job skills and providing 
educational opportunities so that our teammates are well-prepared for the future. OMU 
is also making an impact in the healthcare industry. In 2010, OMU delivered courses to 
more than 350 students from hospitals, industry partners and universities.

Another important part of our culture is, and always has been, supporting the communi-
ties we serve. Accordingly, our teammates, friends and families donated thousands of hours 
to volunteer projects during 2010. These projects ranged from fundraising for the United 
Way to volunteering for the Special Olympics. In 2010, we held the most successful of our 
Healthcare Supplier Diversity Symposiums to date, bringing together approximately 300 
minority-, women- and veteran-owned businesses. Just as we are committed to fostering 
diversity in the supply chain, we also care about our environment and continue to launch 
green initiatives. For example, our fleet was certified by the EPA’s SmartWaySM Transport 
Partnership,  and  we  have  installed  energy-saving  battery  chargers  and  energy-efficient 
fluorescent lighting in our distribution centers.

SALES PER WAREHOUSE
SQUARE FOOT

16.3

17.2

15.2

At Owens & Minor, we know we can’t do it alone. Every day and every year, we depend 
LINES PER HOUR
on our teammates to serve our customers, manage our assets, meet our goals, and serve our 
communities. They are the reason for our success. I want to thank everyone on our team 
for their hard work and dedication in 2010. On behalf of our entire team, I also thank our 
customers, suppliers and business partners for their ongoing support. With these innovative, 
flexible business partners, we believe we are well-positioned for the near term and the long 
term. We also thank our shareholders for supporting us, as we continually seek to create 
meaningful long-term value. Best wishes for a productive and profitable year ahead.  

16.0
1.59

1,342

1,205

1,422

1,462

1,470

15.5

PICKING CREDITS
PER 1,000 LINES

1.19

1.11

0.88

0.70

0.60

Sincerely, 

Craig R. Smith
President & CEO 

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2006  2007  2008  2009  2010

2006  2007  2008  2009  2010

2010 Annual Report & Form 10-K

5

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
       
A Good Sense of Direction

H aving served the healthcare industry since 1882, 

our  sense  of  direction  over  the  daily  demands 
of  our  business  is  clear.  Our  teammates  have  
proven  time  and  again  that  they  can  deliver  the 
right product, to the right place, at the right time, and 
at the right price every single day. In 2010, our customers confirmed 
that we are headed in the right direction, awarding us a 99% customer  
satisfaction rating. We were also ranked No. 1 on Gartner’s “Healthcare 
Supply Chain Top 25” for 2010. And, healthcare executives, industry 
peers and analysts voted to add Owens & Minor to Fortune’s “Most 
Admired  Companies”  list  in  2010,  ranking  us  No.  2  in  our  sector.  
While we pursue our daily course with exceptional execution, hard 
work and dedication, we also have a good sense of direction about the 
future. With a nationwide network, experienced and dedicated team-
mates,  a  customer-focused  culture,  and  a  reputation  for  innovation 
and creativity, we believe the investments and strategic decisions we 
have made to date have positioned us to capitalize on opportunities 
arising in a dynamic healthcare market. 

2010 Annual Report & Form 10-K

7

Board of Directors

G. Gilmer Minor, III (70) 1*
Chairman & Retired CEO,
Owens & Minor, Inc.

James E. Rogers (65) 1
Lead Director,
Owens & Minor, Inc.
Former President, SCI Investors Inc.

A. Marshall Acuff, Jr. (71) 1, 3, 5*
President, AMA Investment Counsel, LLC
Managing Director, Cary Street Partners
Retired Senior Vice President
& Managing Director,
Salomon Smith Barney, Inc.

J. Alfred Broaddus, Jr. (71) 3, 5
Retired President,
Federal Reserve Bank of Richmond 

John T. Crotty (73) 2, 4*
Managing Partner,
CroBern Management Partnership
President, CroBern, Inc.

Richard E. Fogg (70) 1, 2*, 4
Retired Partner,
PricewaterhouseCoopers LLP

John W. Gerdelman (58) 2, 4
President, 
Long Lines Limited

Eddie N. Moore, Jr. (63) 2, 5
President-Emeritus,
Virginia State University

Peter S. Redding (72) 2, 4
Retired President & CEO,
Standard Register Company

Robert C. Sledd (58) 3, 4
Senior Economic Advisor to the
Governor of Virginia
Former Chairman,
Performance Food Group Co.

Craig R. Smith (59) 1, 4
President & CEO,
Owens & Minor, Inc.

James E. Ukrop (73) 2, 5
Former Chairman, First Market Bank
Former Chairman,
Ukrop’s Super Markets, Inc.

Anne Marie Whittemore (64) 1, 3*, 5
Partner, McGuireWoods LLP

Board Committees:
1Executive Committee, 2Audit Committee, 3Compensation & Benefits Committee,
4Strategic Planning Committee, 5Governance & Nominating Committee, *Denotes Chairman

Corporate Officers

Craig R. Smith (59)
President & Chief Executive Officer 
President  since  1999  and  Chief  Executive  Officer  since  July  2005. 
Mr. Smith has been with the company since 1989. 

James L. Bierman (58)
Senior Vice President & Chief Financial Officer 
Senior Vice President & Chief Financial Officer since joining Owens & 
Minor  in  June  2007.  Previously,  Mr.  Bierman  served  as  Executive Vice 
President & Chief Financial Officer at Quintiles Transnational Corp. from 
2001 to 2004. He joined Quintiles in 1998. Prior to that, Mr. Bierman was 
a partner of Arthur Andersen LLP from 1988 to 1998. 

D. Andrew Edwards (52)
Vice President, Controller & Chief Accounting Officer
Vice President, Controller & Chief Accounting Officer, since April 2010. 
Previously, Mr. Edwards served as Vice President, Finance, from December 
2009  until April  2010.  Prior  to  joining  Owens  &  Minor,  Mr.  Edwards 
served as Vice President & Chief Financial Officer at Tredegar Corporation 
from August 2003 to December 2009. He joined Tredegar in 1992. 

Hugh F. Gouldthorpe, Jr. (72)
Retired Vice President, Quality & Communications 
Vice President, Quality & Communications, since 1993. Mr. Gouldthorpe 
joined the company in 1986. He retired in December 2010. 

E.V. Clarke (50)
Executive Vice President, Supply Chain
Executive Vice President, Supply Chain, since 2010. Previously, Mr. Clarke 
served  as  Executive Vice  President,  Distribution,  from  2008  until April 
2010,  and  Group Vice  President,  Sales  &  Distribution,  from  October 
2006 until 2008. Prior to that, he served as President of Acute-Care for 
McKesson Medical-Surgical from April 2002 until September 2006, when 
the business was acquired by Owens & Minor. 

Charles C. Colpo (53)
Executive Vice President & Chief Operating Officer 
Executive Vice President & Chief Operating Officer since 2010. Previously, 
Mr. Colpo served as Executive Vice President, Administration, from 2008 
until  2010.  Prior  to  that,  Mr.  Colpo  served  as  Senior Vice  President, 
Operations, from 1999 until 2008. He also served as Senior Vice President, 
Operations & Technology, from April 2005 to July 2006. Mr. Colpo has 
been with the company since 1981. 

Erika T. Davis (47)
Senior Vice President, Human Resources 
Senior Vice President, Human Resources, since 2001. From 1999 to 2001, 
Ms. Davis was Vice President of Human Resources. Ms. Davis has been 
with the company since 1993. 

Grace R. den Hartog (59)
Senior Vice President, General Counsel & Corporate Secretary 
Senior Vice  President,  General  Counsel  &  Corporate  Secretary,  since 
joining Owens & Minor in 2003. Previously, Ms. den Hartog served as a 
partner of McGuireWoods LLP from 1990 to 2003. 

Richard W. Mears (50)
Senior Vice President, Chief Information Officer 
Senior Vice  President,  Chief  Information  Officer,  since  joining  Owens 
& Minor in 2005. Previously, Mr. Mears was an Executive Director with 
Perot  Systems  (now  Dell  Perot  Systems)  from  2003  to  2005,  and  an 
account executive from 1998 to 2003. 

W. Marshall Simpson (42) 
Senior Vice President, Sales & Operations
Senior Vice  President,  Sales  &  Operations,  since April  2010.  Previously, 
Mr.  Simpson  served  as  Senior Vice  President,  Sales  &  Marketing,  from 
2007 until April 2010, Group Vice President, Sales & Distribution, from 
2005 until 2007, and as Regional Vice President from 2004 to 2005. Prior 
to  that,  Mr.  Simpson  served  as  Operating Vice  President  of  Corporate 
Accounts  from  2003  until  2004,  and  as  Operating Vice  President  of 
Business Integration from 2002 to 2003. Mr. Simpson has been with the 
company since 1991. 

Mark A. Van Sumeren (53)
Senior Vice President, Strategy & Business Development 
Senior Vice  President,  Strategy  &  Business  Development,  since  2007, 
and  Senior Vice  President,  Business  Development,  since  2006.  Prior  to 
that,  Mr. Van  Sumeren  was  Senior Vice  President,  OMSolutionsSM  from 
2003  to  2006.  Mr. Van  Sumeren  previously  served  as Vice  President  for 
Cap Gemini Ernst & Young from 2000 to 2003. He has been with the 
company since 2003. 

Numbers inside parentheses indicate age. 

8

2010 Annual Report & Form 10-K

Corporate Information

Annual Shareholders’ Meeting
The annual meeting of Owens & Minor, Inc.’s shareholders will be 
held at 10:00 a.m. on Friday,  April 29, 2011, at Owens & Minor, Inc.,  
9120 Lockwood Boulevard, Mechanicsville, Virginia 23116.

Communications & Investor Relations
Press Releases
Owens & Minor, Inc.’s press releases are available
at www.owens-minor.com.

Transfer Agent, Registrar
and Dividend Disbursing Agent
BNY Mellon Shareowner Services
P.O. Box 358015
Pittsburgh, PA 15252-8015
Website: www.bnymellon.com/shareowner/equityaccess

Toll-free: 866-252-0358
(Inside the United States and Canada)

201-680-6685
(Outside the United States and Canada)

Stock Purchase
and Dividend Reinvestment Plan
Our transfer agent, The Bank of New York Mellon, offers a Direct 
Purchase & Sale Plan for shares of Owens & Minor, Inc. common 
stock known as the BuyDIRECTSM Plan. The BuyDIRECTSM Plan 
provides registered shareholders of Owens & Minor and interested 
first-time investors a way to buy and sell shares of Owens & Minor 
common stock. Information may be obtained through the “Invest-
ment Plan Enrollment” link at www.bnymellon.com/shareowner/
equityaccess, or by contacting BNY Mellon Shareowner Services 
(see contact information above).

Shareholder Records
Correspondence  concerning  stock  holdings,  lost  or  missing  divi-
dend checks, or changes of address for shares of Owens & Minor, 
Inc’s. common stock should be directed to BNY Mellon’s Investor 
Services Department:

Owens & Minor, Inc.
c/o BNY Mellon Shareowner Services
Investor Services Department
P.O. Box 358015
Pittsburgh, PA 15252-8015

Duplicate Mailings
When a shareholder owns shares in more than one account, or when  
several shareholders live at the same address, they may receive mul-
tiple copies of  company mailings. To eliminate duplicate mailings, 
please write to the transfer agent or consider enrolling in MLink 
(via  the BNY Mellon website above), which offers secure online 
access to financial documents and shareowner communications.

Independent Registered Public Accounting Firm
KPMG LLP
Richmond, Virginia

Investor Relations
804-723-7555

Information for Investors
The  company  files  annual,  quarterly  and  current  reports,  infor-
mation statements and other information with the Securities and 
Exchange  Commission  (SEC).  The  public  may  read  and  copy 
any  materials  that  the  company  files  with  the  SEC  at  the  SEC’s 
Public  Reference  Room  at  100  F  Street,  NE, Washington,  D.C. 
20549. The public may obtain information on the operation of the  
Public Reference Room by calling the SEC at 1-800-SEC-0330. 
The  SEC  also  maintains  an  Internet  site  that  contains  reports, 
proxy and information statements, and other information regarding  
issuers  that  file  electronically  with  the  SEC. The  address  of  that 
site  is  http://www.sec.gov. The  address  of  the  company’s  website 
is  www.owens-minor.com. Through  a  link  to  the  SEC’s  Internet 
site  on  the  Investor  Relations  portion  of  our  website,  we  make 
available all of our filings with the SEC, including our annual report 
on Form 10-K, quarterly reports on Form 10-Q, current reports 
on Form 8-K and amendments to those reports, as well as benefi-
cial ownership reports filed with the SEC by directors, officers and 
other  reporting  persons  relating  to  holdings  in  Owens  &  Minor, 
Inc. securities. This information is available as soon as the filing is 
accepted by the SEC.

Corporate Governance
The  company’s  Bylaws,  Corporate  Governance Guidelines,  Code 
of Honor and the charters of the Audit, Compensation & Benefits, 
and Governance & Nominating Committees are available on the 
company’s website at www.owens-minor.com and are available in 
print to any shareholder upon request by writing to:

Corporate Secretary
Owens & Minor, Inc.
9120 Lockwood Boulevard
Mechanicsville, Virginia 23116

Communications with the Board of Directors
The Board of Directors has approved a process for shareholders to 
send communications to the Board. Shareholders can send written  
communications  to  the  Board,  any  committee  of  the  Board,  the 
Lead  Director  or  any  other  individual  director  at  the  following  
address: P.O. Box 26383, Richmond, Virginia 23260. 

Certifications
The company’s Chief Executive Officer certified to the New York   
Stock Exchange (NYSE) within 30 days after the company’s 2010 
Annual  Meeting  of  Shareholders  that  he  was  not  aware  of  any  
violation by the company of NYSE corporate governance listing 
standards. The  company  also  filed  with  the  SEC  as  exhibits  31.1,  
31.2, 32.1 and 32.2 to its Annual Report on Form 10-K for the year  
ended  December  31,  2010,  certifications  by  its  Chief  Executive  
Officer and Chief Financial Officer.

Corporate Office
804-723-7000
www.owens-minor.com

Street Address
9120 Lockwood Boulevard
Mechanicsville, Virginia 23116

Mailing Address
Post Office Box 27626
Richmond, Virginia 23261-7626