Michael Erickson, now executive vice president, will succeed Jay Mazelsky as president and CEO of the Westbrook-based maker of veterinary diagnostics and software.
The donation will fund the launch of the SHAW Challenge, a four-year initiative designed to transform how Maine communities address the youth mental health crisis in schools and communities.
Over the last four quarters, the Westbrook-maker of veterinary diagnostics and software has surpassed consensus earnings per share estimates four times and consensus revenue estimates twice.