Last month Orthofix named David Ziegler, an outside consultant who’s been helping with a massive audit of the orthopedic device maker’s books, as interim CFO to replace Emily Buxton.
Buxton’s decade-long tenure at Orthofix, originally slated to end May 14, will now end "on or about" May 9 when Heggestad takes over, according to a press release.
"We are excited to welcome Mark to the Orthofix team," president & CEO Brad Mason said in prepared remarks. "There is a lot to do in the next few years to become best in class in our finance and business processes. I believe Mark will be a great partner to the executive team and me in leading these efforts and that he will keep the company focused on the key initiatives that will drive shareholder value."
Ziegler will stay on to assist with Heggestad’s transition and "continue to provide consulting services," Orthofix said.
Alphatec names medtech vet Corbett as new CEO, cans ops SVP
Alphatec (NSDQ:ATEC) said it named a new president & CEO, Baxter (NYSE:BAX) and Boston Scientific (NYSE:BSX) veteran James Corbett, to take over the corner office from Leslie Cross effective May 1.
Alphatec also said it eliminated its U.S. commercial operations senior vice president role held by Thomas McLeer and announced the resignation of Luke Faulstick from its board.
Ex-Nokia exec Savander takes helm at Elekta
Elekta (STO:EKTA B) said its choice for CEO, former Nokia executive Niklas Savander,, officially took the Swedish imaging company’s helm May 1. Elekta announced in October 2013 that Savander would succeed Tomas Puusepp, who kept his seat on Stockholm-based company’s board.
BSD Medical announces CEO succession plan
BSD Medical Corp. (NSDQ:BSDM) said president & CEO Harold "Butch" Wolcott agreed to cede the corner office to an as-yet-unnamed successor, but will continue leading the company while the search goes on. Wolcott is slated to remain on the BSD Medical board after the CEO succession.
EndoGastric Solutions names Given Imaging’s Baldino as new CEO
EndoGastric Solutions, which earlier this year paid $5 million to settle federal Medicare fraud charges, said it named Skip Baldino, former Americas president for Covidien (NYSE:COV) buyout Given Imaging, to be its president and CEO.
- Integra LifeSciences announces CFO transition
- EnteroMedics taps ex-Terumo marketing veep Bullivant
- InVivo Therapeutics extends deal with interim CFO McCallister until end of May
- Cantel Medical CFO Sheldon to step down after 20 years
- Ex-Medtronic clinical ops VP is Sunshine Heart’s new clinical affairs SVP