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After 3 decades, Dynatronics chief to step down

Cottonwood Heights, Utah-based Dynatronics Corp. said its Chairman, President and CEO Kelvyn Cullimore is stepping down.

Cullimore, who founded the healthcare equipment maker in 1979, will stay with the company as a nonemployee board member. He had been the company's president and CEO since 1992.

Erin Enright, who joined the Dynatronics board in 2015, will become the company's new chairman.

The company is not looking to hire a new president due to a realignment of its operations but expects to appoint a new CEO by June 30.

"Separating the chairman of the board and the CEO roles will provide the appropriate governance structure to balance the board's independent authority to oversee the business and the CEO's management of the business day-to-day," Enright said in a statement.

As a part of the realignment, Dynatronics created a therapy products division that comprises the operations of two recently acquired businesses: Hausmann Industries and Bird & Cronin Inc.

The company appointed Brian Baker to be president of the therapy products unit, effective immediately.

Baker most recently served as the vice president of global operations for SeaSpine Holdings Corp., a company focused on spinal surgery products.