Market Overview

Invacare Corporation Appoints Diana S. Ferguson to Board of Directors


Invacare Corporation (NYSE:IVC) today announced the appointment of
Diana S. Ferguson, to its Board of Directors, effective July 19, 2018.
Ms. Ferguson currently serves as Chief Financial Officer for Cleveland
Avenue, LLC, a privately-held venture capital firm which accelerates and
strategically invests in innovative restaurant, food and beverage
concepts and emerging brands. In addition, since August 2013, Ms.
Ferguson has served as Principal of Scarlett Investments, LLC, a firm
that invests in and advises middle market businesses.

Ms. Ferguson has more than 30 years of finance experience in the
manufacturing, financial and consumer industries, as well as the
public-sector. Ms. Ferguson was unanimously appointed by the current
members of the Board after an extensive search conducted by an
internationally recognized executive search firm. Her appointment brings
the number of Invacare directors to a total of nine, eight of whom are
considered independent directors.

"We are excited to welcome Diana to the Invacare Board of Directors.
Diana's strong background in finance and strategic development at
several multinational organizations is a great fit for Invacare. Her
demonstrated leadership and ability to provide strategic oversight for
financial management of the company's resources will be invaluable
during our transformation," said Matthew E. Monaghan, chairman,
president and chief executive officer.

"I look forward to working with Matt Monaghan, Dr. Martin Harris, lead
director, and the entire Invacare Board as we continue the company's
transformation to a world class leader in the home healthcare industry,"
said Ms. Ferguson.

Ms. Ferguson previously served as Chief Financial Officer of the Chicago
Board of Education, from February 2010 to May 2011, and as Senior Vice
President and Chief Financial Officer of The Folgers Coffee Company from
April 2008 to November 2008. Prior to joining Folgers, she was Executive
Vice President and Chief Financial Officer of Merisant Worldwide, Inc.
Ms. Ferguson also served as the Chief Financial Officer of Sara Lee
Foodservice and held several leadership positions at Sara Lee
Corporation including Senior Vice President of Strategy and Corporate
Development, as well as Treasurer. Ms. Ferguson currently serves as a
director of Frontier Communications Corporation (NASDAQ:FTR), a
provider of communications services, and formerly served as a director
of TreeHouse Foods, Inc. (NYSE:THS), a consumer-packaged food and
beverage manufacturer. Ms. Ferguson holds a BA in Psychology from Yale
University and an MBA from Northwestern University.

About Invacare Corporation

Invacare Corporation (NYSE:IVC) is a leading manufacturer and
distributor in its markets for medical equipment used in non-acute care
settings. At its core, the company designs, manufactures and distributes
medical devices that help people to move, breathe, rest and perform
essential hygiene. The company provides clinically complex medical
device solutions for congenital (e.g., cerebral palsy, muscular
dystrophy, spina bifida), acquired (e.g., stroke, spinal cord injury,
traumatic brain injury, post-acute recovery, pressure ulcers) and
degenerative (e.g., ALS, multiple sclerosis, chronic obstructive
pulmonary disease (COPD), elderly, bariatric) ailments. The company's
products are important parts of care for people with a wide range of
challenges, from those who are active and involved in work or school
each day and may need additional mobility or respiratory support, to
those who are cared for in residential care settings, at home and in
rehabilitation centers. The company sells its products principally to
home medical equipment providers with retail and e-commerce channels,
residential care operators, distributors and government health services
in North America, Europe and Asia/Pacific. For more information about
the company and its products, visit Invacare's website at

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