Simon Campion will be the new CEO of Dentsply Sirona (Nasdaq:XRAY) as it wraps up an internal investigation into potentially iffy financial practices. Campion will join the Dentsply Sirona board on Sept. 12, according to a news release out yesterday. He takes over for interim CEO John Groetelaars, the former Hillrom CEO who has led […]
Dentsply Sirona
Dentsply Sirona replaces chief accounting officer amid internal investigation
Dentsply Sirona (Nasdaq:XRAY) announced that it parted ways with its chief accounting officer and has named a replacement. Charlotte, North Carolina–based Dentsply and Ranjit S. Chadha agreed upon a separation between the two parties last week. The separation will be made effective Sept. 2, while the company yesterday hired Richard M. Wagner to serve as […]
Internal investigation continues at Dentsply Sirona
The Dentsply Sirona (Nasdaq:XRAY) board’s audit committee continues to work with independent counsel and advisors to investigate potentially questionable financial practices. The Charlotte, North Carolina–based dental products and technologies company announced yesterday that it is still unable to file official quarterly reports. It’s notified the Nasdaq markets that it cannot meet a previously agreed upon […]
The biggest medtech personnel moves so far in 2022
In the ever-changing world of medtech, those who are leading the companies are bound to move around a bit. At the end of last year, we compiled a list of medtech’s biggest personnel changes in 2021. So far in 2022, we’ve already seen a slew of major moves involving some of the space’s most powerful […]
Moderna’s new CFO leaves after former employer discloses investigation
Moderna (Nasdaq:MRNA) CFO Jorge Gomez is gone from his new job effective immediately, the COVID-19 vaccine maker said today. Cambridge, Massachusetts–based Moderna said the departure comes after Gomez’s former employer, Dentsply Sirona (Nasdaq: XRAY), announced an “ongoing internal investigation into certain matters, including financial reporting,” Moderna said in a news release. Get the full story […]
Dentsply Sirona sacks its CEO
Dentsply Sirona (Nasdaq: XRAY) announced today that it has fired CEO Don Casey, who has held the corner office at the dental products and technologies company since 2018. XRAY shares were down more than 13% to $42.20 apiece by today’s close of trading. Board member John Groetelaars, who was CEO of Hillrom until its acquisition […]
Dentsply CFO Jorge Gomez leaves to assume same role at Moderna
Moderna (Nasdaq:MRNA) announced today that it appointed Jorge Gomez as its new chief financial officer. Gomez resigned as CFO of Dentsply Sirona (Nasdaq:XRAY), effective May 6, to assume the same role at Cambridge, Massachusetts-based Moderna. He will join effective May 9. Dentsply Sirona said in a news release that it is initiating a search process […]
Dentsply Sirona announces $150M accelerated share repurchase
Dentsply Sirona (Nasdaq: XRAY) said today that it has entered into an accelerated share repurchase agreement with Bank of America, National Association to repurchase $150 million of its common stock. The agreement will be completed under Dentsply Sirona’s present share repurchase authorization. The accelerated share repurchase agreement has Dentsply Sirona initially receiving delivery of roughly […]
Dentsply Sirona slides as Q4 earnings miss Wall Street expectations
Dentsply Sirona (NDSQ:XRAY) shares dipped today on fourth-quarter results that came up shy of the consensus forecast. XRAY shares were down more than 7% at $54.49 per share in by later afternoon trading today. MassDevice’s MedTech 100 Index — which includes stocks of the world’s largest medical device companies — was down slightly. The Charlotte, […]
Dentsply Sirona beats The Street in Q3 results
Dentsply Sirona (NSDQ:XRAY) posted third-quarter results this week that beat the overall consensus on Wall Street. The Charlotte, N.C.-based company reported profits of $103 million, or 47¢ per share, on sales of $1.07 billion for the three months ended September 30, for a bottom-line gain of 94.3% on sales growth of 19.44% compared with Q3 2020. […]
Dentsply Sirona slides on Street-beating Q2 results
Dentsply Sirona (NSDQ:XRAY) posted second-quarter results today that beat the overall consensus on Wall Street. The Charlotte, N.C.-based company reported profits of $99 million, or 45¢ per share, on sales of $1.07 billion for the three months ended June 30 for a sales growth of 117.31% compared with Q2 2020. Adjusted to exclude one-time items, earnings […]