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Home » The biggest medtech personnel moves of 2023

The biggest medtech personnel moves of 2023

December 11, 2023 By Sean Whooley

A portrait of Tim Schmid, worldwide chair of Johnson & Johnson MedTech.
Johnson & Johnson MedTech Worldwide Chair Tim Schmid [Photo courtesy of Johnson & Johnson]
The leadership change at Johnson & Johnson MedTech will go down as the year’s biggest personnel move in medtech, barring a December surprise.

In October, J&J EVP and J&J MedTech Worldwide Chair Ashley McEvoy announced her resignation from the world’s second-largest device manufacturer. She’s staying on into the first quarter of 2024 while her successor, Tim Schmid, gets settled into his new role.

Schmid, a 30-year J&J vet who was most recently company group chair of J&J MedTech Asia Pacific, said he’s “committed to building even further on the progress we’ve already made.”

“While I recognize that we have more work to do, I’m focused on further advancing our impact and our competitiveness,” he said this month. “Our goal is clear. It is to be No. 1 or No. 2 in every market that we compete.”

Here are more of the top medtech personnel moves of 2023 since our last round-up this summer:

Zimmer Biomet CEO leaves to lead 3M HealthCare spinoff

This is a portrait photo of former Zimmer Biomet CEO Bryan Bryan. Hanson who is taking over as CEO at the soon-to-be independent healthcare business at 3M.
Bryan Hanson will lead 3M’s healthcare business spinoff. [Image courtesy of 3M]
Bryan Hanson on Aug. 22 departed the corner office at Zimmer Biomet to become CEO of 3M’s soon-to-be-completed healthcare business spinoff. This move set in motion a series of executive changes at both companies and across medtech.

Zimmer Biomet named Ivan Tornos as its new CEO and made other changes to its leadership team. 3M, meanwhile, hired Insulet CFO Wayde McMillan to lead the spinoff’s financial operations, while 3M HealthCare President Jim Lavers departed to make way for Hanson.

Illumina picks a new CEO amid SEC investigation

Following the resignation of Francis deSouza in June, DNA sequencing technology developer Illumina named Jacob Thaysen as its new CEO. Thaysen joined from Agilent Technologies as Illumina seeks to move beyond regulatory scrutiny of its acquisition of Grail.

Shockwave Medical hires Abbott exec as CMO

Intravascular lithotripsy (IVL) technology developer Shockwave Medical said in September that it named Dr. Nick West as its CMO-in-waiting. The former CMO and divisional VP of global medical affairs at Abbott Vascular will take over for Dr. Keith Dawkins in mid-2024.

Medtronic has a new neuromodulation president

In October, Medtronic appointed Paolo Di Vincenzo as the president of its neuromodulation business. Di Vincenzo joined from Smith+Nephew, where he served as SVP and GM of U.S. advanced wound management. He spent nine years at the orthopedic giant.

Silk Road Medical has a new CEO

Headshot of Silk Road Medical President and CEO Erica Rogers
Former Silk Road Medical CEO Erica Rogers [Image courtesy of Silk Road Medical]
Silk Road Medical announced in October that CEO Erica Rogers intended to retire. Weeks later, the company named a replacement: Chas McKhann. McKhann has 25 years of experience, including as CEO of Apollo Endosurgery, which Boston Scientific acquired for $615 million in April.

Cordis puts board chair in the corner office

About two months after former Spectranetics CEO Scott Drake became executive board chair at Cordis, he took over as CEO. Drake replaced Shar Matin, who stepped down as CEO in November.

Orthofix picks new CEO after terminating trio of execs

Orthofix said Massimo Calafiore will be its new CEO starting in early 2024. He’s currently CEO of LimaCorporate and will join Orthofix following the completion of Lima’s acquisition by Enovis. Calafiore’s appointment follows the September termination with cause of CEO Keith Valentine and two other executives.

Distalmotion selects former Zimmer Biomet exec as CEO

Switzerland-based Distalmotion this month appointed Greg Roche as its CEO as the company looks to continue commercial expansion for its surgical robot. Roche  most recently served as CEO of soft tissue robotics company AvateraMedical, and before that was global president of robotics and technology at Zimmer Biomet.

Medical Design & Outsourcing: How does medtech CEO pay stack up to the rank and file?

— Managing Editor Jim Hammerand contributed to this report.

Filed Under: Business/Financial News, Featured, In-Depth Coverage, News Well, Special Content Tagged With: Personnel Moves

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About Sean Whooley

Sean Whooley is a senior editor who mainly produces work for MassDevice, Medical Design & Outsourcing and Drug Delivery Business News. He received a bachelor's degree in multiplatform journalism from the University of Maryland, College Park. You can connect with him on LinkedIn or email him at [email protected].

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