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 […]
Henry Schein
Henry Schein completes Condor Dental acquisition
Henry Schein (Nasdaq:HSIC) announced today that it completed its previously announced acquisition of Condor Dental Research Company. Melville, New York-based Henry Schein announced the acquisition, for which financial terms were not disclosed, a month ago on June 7. It acquired Condor from MCCB Holding Sarl and expects the transaction to be neutral to its 2022 […]
Henry Schein to acquire Condor Dental
Henry Schein (Nasdaq:HSIC) announced today that it signed a definitive agreement to acquire Condor Dental Research Company. Vouvry, Switzerland-based Condor Dental, a privately held dental distribution company, serves dental general practitioners, specialists and laboratories. Melville, New York-based Henry Schein has served the Swiss dental implant market through Camlog Biotechnologies GmbH, a member of the Global […]
Henry Schein investors push back on executive pay
Nearly half of Henry Schein (Nasdaq:HSIC) shareholders who voted at this month’s annual meeting voted against the company’s pay packages for top executives, according to a new SEC filing. About 48.5% of voting shareholders voted against the company’s executive pay plan in what’s known as the Say-on-Pay vote, according to vote results of the May 18 […]
Henry Schein hires former Medline veteran to drive ‘One Distribution’ push
Henry Schein (Nasdaq:HSIC) today named Dirk Benson as VP and chief commercial officer of the medical device manufacturer and distributor’s North America Distribution Group (NADG). Melville, New York-based Henry Schein is the world’s largest provider of health care supplies and services for office-based dental and medical practitioners, and NADG is the company’s largest business group. […]
Henry Schein posts Street-beating Q1 results
Henry Schein (Nasdaq:HSIC) today posted first-quarter results that beat the overall consensus forecast on Wall Street. The Mellville, N.Y.-based dental supplier reported profits of $181 million, or $1.30 per share, on sales of $3.2 billion, for the three months ended March 26, for a bottom-line gain of 9% on sales growth of 8.7% compared with […]
Henry Schein announces chief administrative officer retirement, names COO
Henry Schein (Nasdaq:HSIC) today announced that chief administrative officer Gerald Benjamin is retiring and the company promoted Michael Ettinger to chief operating officer. Benjamin’s retirement will take effect on July 1 after 34 years with the Mellville, N.Y.-based company. Meanwhile, Ettinger will be promoted to EVP and COO, effective July 1, and will report directly […]
Henry Schein promotes Jennifer Ferrero to corporate secretary
Henry Schein (Nasdaq:HSIC) today announced that it appointed Jennifer Ferrero as VP, senior counsel and corporate secretary, effective July 1. In her new role, Ferrero will be responsible for managing corporate governance activities, board activity and other related matters. She previously served as the company’s VP, senior counsel, corporate and deputy secretary. “Jennifer is widely […]
How medtech and pharma are responding to Russia’s invasion of Ukraine
Medtech and pharma companies continue to support Ukraine relief efforts following Russia’s invasion. Previously, the World Health Organization announced that it was sending “essential medical supplies” to Ukraine — including its first shipment of 36 metric tons of supplies for trauma care and emergency surgery and other health supplies — to meet the needs of more than […]
World Health Organization sending 36 metric tons of medical supplies to Ukraine
The World Health Organization today said that it is sending more than 36 metric tons of medical supplies to support the humanitarian emergency in Ukraine following Russia’s invasion last week. WHO Director-General Tedros Adhanom Ghebreyesus said the organization is sending “essential medical supplies” to Ukraine — including its first shipment of 36 metric tons of […]
Henry Schein rises before hours on Street-beating Q4, updated guidance
Henry Schein (NSDQ:HSIC) shares ticked up this morning on fourth-quarter results that topped the consensus forecast. The Melville, New York-based company posted profits of $147.2 million, or $1.05 per share, on sales of $3.3 billion for the three months ended Dec. 25, 2021, for a 3.2% bottom-line gain on sales growth of 5.2%. Adjusted to […]