A. Malachi (Mal) Mixon III is Chairman of the Board and Chief Executive Officer of Invacare Corporation (IVC:NYSE), the leading worldwide manufacturer and distributor of medical products for the home health care market. 2007 sales were $1.6 billion. 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) and Primus Venture Partners, a leading midwest venture capital firm. He also is a founding investor in MCM Capital Partners, LP, a Cleveland leveraged buyout company. Additionally, Mal has been an active investor in several successful Cleveland-area ventures which became public companies including Royal Appliance Manufacturing Company (NYSE) and STERIS Corporation (NYSE).
In May 2008, Mal was presented with John Carroll University's Edward M. Muldoon Award for Civic Entrepreneurship and Easter Seals' Spirit of Independence Award. During 2007, Mal received the Harvard Business School Alumni Achievement Award, the school's highest honor, and the first Lifetime Achievement Award by the Ohio Association of Medical Equipment Services (OAMES) in recognition of his industry leadership. The American Association for Homecare (AAHomecare) presented Mal with the 2006 Humanitarian Award in September, recognizing his industry leadership. Also during 2006, Mal was honored by the NAACP Cleveland Branch as the recipient of the 2006 Freedom Fund Award and the Lorain County Urban League presented Mal with the Whitney M. Young Humaritian Award. The National Conference for Community and Justice (NCCJ) presented Mal with its 2005 Humanitarian Award and the Juvenile Diabetes Research Foundation (JDRF) honored Mal with the 2005 Living and Giving Award. Mal and his wife, Barbara, were honored in 2003 by the Achievement Centers for Children for their civic and philanthropic contributions to Northeast Ohio.
In 2002, Mal received the Business Statesman Award from the Harvard Busines School Club of Northeastern Ohio. He received the American Association for Homecare Leadership Award in 2001 in recognition of his dedicated leadership in promoting sound public policy affecting homecare providers and manufacturers. In addition, he received the Distinguished Citizen Award from the Greater Cleveland Council, Boy Scouts of America. He was honored as the Master Innovator at the 2000 Anthem Blue Cross and Blue Shield / Small Business News Business Conference. In 1999 and 1992, Mal was awarded the International Business Executive of the Year Award by The Cleveland World Trade Association. He 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 in 1997. Mal was inducted in 1996 as a charter member into the Cleveland Business Hall of Fame. 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. 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 (CIM), and in 2007, CIM opened Mixon Hall, a state-of-the-art performance hall named for him. He also serves on the Visiting Committee of Harvard Business School and the boards of BioEnterprise and MWV Pinnacle Capital Management, a fund investing in minority ventures. In 1992, Mal established a chair in entrepreneurial studies at the Weatherhead School of Management at Case Western Reserve University. In 1997, he established a Mixon Scholarship in each new freshman class at Harvard College for students from Oklahoma and Northeast Ohio.
Originally from Oklahoma, Mal 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. Combat decorations Mal earned include the Air Medal with Oak Leaf Cluster and Navy Commendation Medal with Combat "V".
Mal and his wife, Barbara, have two children, Elizabeth and Ki; and six grandchildren. They live in Hunting Valley, Ohio, where Mal enjoys hunting, golfing and playing the piano.
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