Larry Papasan
Memphis, United States
Larry Papasan is the retired President of Smith & Nephew Orthopedics. Larry joined Smith & Nephew in July, 1991 as President of the Ortho Division and retired December 31, 2002. During this 11-1/2 year period, the Division grew in sales from $300 million to $650 million while growing profitability at over 15% per year. Smith &Nephew Orthopedics is a company with manufacturing in Memphis and Germany. Larry was responsible for Research and Development, Manufacturing, Marketing, Sales and all Administrative functions of the Company during his 11-1/2 year tenure as President. Larry then worked for Smith & Nephew as a Director and Lobbyist until the end of 2005. Prior to joining Smith & Nephew, Larry was President of Memphis Light, Gas & Water Division from 1984 until his retirement in 1991. Larry was employed by MLG&W for 28 years. Larry has been a Member of the Board of Directors and Chairman of the Board of Directors of BioMimetic Therapeutics [NasdaqGM:BMTI] since August 2005. BioMimetic Therapeutics, Inc. is developing and commercializing bio-active recombinant protein-device combination products for the healing of musculoskeletal injuries and disease, including orthopedic, periodontal, spine and sports injury applications. Larry has also served as a Member of the Board of Directors at Reaves Utility Income Fund [NasdaqCM:UTG], a closed-end management investment company, since February 2003, SSR Engineering, Inc. and AxioMed Spine Corporation. Larry graduated from Mississippi State University in 1963 with a Bachelor of Science in Civil Engineering. Larry has completed numerous professional development courses, including the American Management Association Management course, Senior Management course and President’s course. Larry has been very active in the Memphis Community and was General Campaign Chairman of United Way in 1987 and Chairman of the Board from 1990-92, President of Kiwanis Club and President of Junior Achievement. Currently, he is involved with several organizations, some of which are BioMimetic Therapeutics, Inc., BioMedical Tissue Technologies, Ltd. and the Shelby Farms Park Conservancy. Larry is married and has two grown children and five grandchildren. He is an avid golfer.
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