Peter Hewett, a board member at Orthofix International NV for 17 years, is stepping down.

Hewett, 73, joined the McKinney, Texas-based orthopedic device manufacturer’s slate of directors in 1992. Orthofix also runs offices in Boston and a production facility in Springfield.

Orthofix International NV‘s preliminary first-quarter revenues and earnings numbers indicate flat sales and a slight dip in the bottom line, compared with the same period last year.

The McKinney, Texas-based orthopedic device manufacturer, which has a presence in Boston, said it expects sales for the three-month period ended March 31 to be around $129 million, compared to $128 million for the same period last year.

Stockholders of Orthofix International NV fought back a proxy challenge by a New York-based hedge fund.

The McKinney, Texas-based orthopedic device manufacturer said its shareholders beat back an attempt by Ramius LLC to oust four current board members and install their own people.

Orthofix also runs offices in Boston and a production facility in Springfield.