Becton Dickinson swaps out CEO | Personnel Moves

July 28, 2011 By MassDevice staff Leave a Comment

Becton, Dickinson & Co. (NYSE:BDX) picked a new man for the corner office this week with the announcement that Vincent Florenza will join the board of directors and take the reins from current board chairman and CEO Edward Ludwig on October 1, 2011.

"This change in leadership is the result of the Board’s focus on succession planning that began in 2008 as part of our corporate governance practices,"BD lead director Henry Becton, Jr., said in prepared remarks. "The selection of an excellent internal candidate to replace Ed demonstrates the strength of executive leadership development at BD."

Florenza has been with the Franklin Lakes, N.J.-based med-tech giant since 1980, and has held positions in its medical, diagnostic and biosciences segments, according to a press release. He was named executive VP in 2006, president in 2009 and COO in 2010.

Ludwig, who joined BD in 1979 and became CEO in 2000, will remain chairman of the board until July 2012. The company more than doubled revenues, tripled net income and nearly tripled its market cap under his watch.

Becton, Dickinson & CO ranked 11th on the MassDevice Big 100 list of the world’s largest medical device companies.

Here’s the latest personnel changes from medical device, diagnostics and life science companies around the nation. For more recent hirings and firings, check out MassDevice’s compilation of the latest personnel moves.

Lantheus looses VP of sales and marketing, gains VP of finance and CAO
Lantheus Medical Imaging Inc. announced the resignation of Robert Spurr as VP of sales and marketing for the North Billerica, Mass.-based diagnostic imaging company. Spurr plans to pursue other career opportunities, according to the release. VP and general manager Cyrille Villeneuve will take over Spurr’s duties while replacements are considered.

The company also announced this week that Jeffrey Young was promoted to VP of finance and chief accounting officer. Young joined Lantheus in 2008 and global controller.
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BG Medicine names Stéphane Bancel executive chairman of the board
BG Medicine Inc. (NSDQ:BGMD) announced that Stéphane Bancel, former CEO of bioMérieux (EPA:BIM), was appointed executive chairman of the board of directors for the Waltham, Mass.-based diagnostics company. Bancel has been on the board since January 2010, and replaced company founder Noubar Afeyan as chairman. Afeyan will continue to serve on the board.
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Pioneer hires new chief accounting officer
Marquette, Mich.-based Pioneer Surgical Technology Inc. announced the appointment of Chad Kolean as the new chief accounting officer for the orthopedic company. His position is effective September 1.
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Accuray senior VP gets a title-change
Sunnyvale, Calif.-based Accuray Inc.’s (NSDQ:ARAY) senior VP and COO Chris Raanes was promoted to executive VP this week, according to SEC filings. He retains the position of COO of the radiosurgery device company, and there is no compensation change associated with the promotion.
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Systagenix adds Covidien exec to board of directors
U.K.-based Systagenix Wound Management added Joe Woody to its board of director’s this week. Woody is president of vascular therapies at Covidien plc (NYSE:COV), and was previously global president of British orthopedic giant Smith & Nephew plc (NYSE:SNN).
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CASMED adds two sales execs
Branford, Conn.-based CAS Medical Systems Inc. (NSDQ:CASM) hired two sales executives this week. The patient monitoring company named Frank Gregoria director of North American sales, and Ignacio Silva director of international business development.
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BSD appoints new director of MicroThermX sales
BSD Medical Corporation (NSDQ:BSDM) announced the appointment of Jordan Wittmeier as director of international sales of MicroThermX microwave ablation products.
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Electromed adds to board of directors
New Prague, Minn.-based airway clearance device maker Electromed Inc. (NSDQ:ELMD) added William Eckles to its board of directors.
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FDA recognizes latest ISO 14971 as medical device consensus standard
By Mark Leimbeck and Stewart Eisenhart, Emergo Group The US Food and Drug Administration has granted Recognized Consensus Standard status to the third edition of the ISO 14071 risk management standard for medical devices and IVD products. Get the full story here at the Emergo Group’s blog. The opinions expressed in this blog post are… […]
Synaptive Medical updates Modus V surgical microscope
Synaptive Medical announced that its U.S. and Canadian Modus V robotic digital microscope now includes updates such as additional 3D visualization and voice-activated control. The Modus V is a robotically controlled digital microscope used as part of Synaptive’s BrightMatter surgical suite designed for less invasive, patient-specific approaches in complex cranial procedures. The Modus V provides similar… […]
New machine can preserve donor livers for 1 week
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Smiths Medical launches Portex tracheostomy tubes and kits
Smiths Medical this week launched its Portex polyvinyl chloride tracheostomy tube and kit portfolio. The new polyvinyl chloride (PVC) tube portfolio has options for a variety of patients, according to the company. “Our goal was to create tracheostomy tubes and kits designed to help clinicians provide the best patient care. We’re excited to offer a variety… […]
FDA clears Cleveland Clinic 3D-printed airway stents
The FDA recently cleared 3D-printed, patient-specific stents developed by a doctor at the Cleveland Clinic. Cleveland Clinic physician Tom Gildea developed the stents to keep open the airways of patients with serious breathing disorders caused by inflammation, trauma, tumors and other masses. Airway stents come in a limited number of sizes and shapes and are… […]
Boston Scientific shares drop on Q4 sales news
Shares in Boston Scientific (NYSE:BSX) dropped 8% this morning on news of disappointing fourth-quarter sales. The company’s preliminary earnings report showed sales for the quarter ended Dec. 31, 2019 coming in at $2.9 billion, below the $2.91 billion that analysts were expecting. The unaudited sales figure represents organic growth of 7.3%, missing the company’s own guidance of… […]
Study: Timing for knee replacement surgeries is off
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TransEnterix wants to use more AI in surgical robotics: Here’s how
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Diversified Plastics names Kieval to board
Diversified Plastics, a custom plastic-injection molder and digital thermoplastic components manufacturer, said today that it has appointed Robert Kieval to its board of directors. Kieval has more than 25 years of experience at all levels of the medtech industry. The CEO of IMMR, Inc., Kieval previously served as chief scientific and clinical officer at women’s… […]