BREA,
Calif., Feb. 26, 2024 /PRNewswire/ -- Envista
Holdings Corporation (NYSE: NVST) announced today that the Board of
Directors and CEO Amir Aghdaei are
formally launching a process to determine a successor for CEO. The
Board of Directors has formed a search committee and retained an
executive search firm to find qualified external candidates to lead
the next phase of Envista. This process is expected to be
completed this year. Mr. Aghdaei will remain President and CEO
until his successor is appointed.
"After nearly 10 years leading Danaher's Dental Platform and
the Envista team, it is now time to focus on the next phase of
building a world-class dental company. Finding a strong successor
will ensure that we continue our journey to digitize, personalize,
and democratize the dental industry. After the appointment of a new
leader, I will provide support to ensure a smooth transition, as
needed." said Mr. Aghdaei. "As we go through this process, I
remain focused on driving our near-term transformation while
ensuring we are positioned to achieve our long-term priorities of
accelerating growth, expanding margins, and transforming the
portfolio. I am incredibly proud of the Envista team and am
committed to our long-term success."
Board Chair Scott Huennekens
said, "Amir has led the company during a pivotal time, including
through the spinoff from Danaher and the challenges of the global
pandemic. We are grateful for the many contributions he has made
over the past 10 years. He was instrumental in the founding
of Envista and has provided a platform for long-term value
creation for our customers, employees, and shareholders. We share
this announcement to ensure a smooth and orderly succession process
as we identify the best possible leader for the future."
The Envista board has appointed a special steering committee of
independent directors to identify CEO candidates and prepare for
the transition in leadership.
ABOUT ENVISTA
Envista is a global family of
more than 30 trusted dental brands, including Nobel Biocare, Ormco,
DEXIS, and Kerr, united by a shared purpose: to partner with
professionals to improve lives. Envista helps its customers deliver
the best possible patient care through industry-leading dental
consumables, solutions, technology, and services. Its comprehensive
portfolio, including dental implants and treatment options,
orthodontics, and digital imaging technologies, covers a wide range
of dentists' clinical needs for diagnosing, treating, and
preventing dental conditions as well as improving the aesthetics of
the human smile. With a foundation comprised of the
proven Envista Business System (EBS) methodology, an
experienced leadership team, and a strong culture grounded in
continuous improvement, commitment to innovation, and deep customer
focus, Envista is well equipped to meet the end-to-end needs of
dental professionals worldwide. Envista is one of the largest
global dental products companies, with significant market positions
in some of the most attractive segments of the dental products
industry. For more information, please
visit www.envistaco.com.
FOR FURTHER INFORMATION
Melissa Morrison
VP Communication & Central Marketing
Envista Holdings Corporation
200 S. Kraemer Blvd., Building E
Brea, CA 92821
Telephone: (714) 817-7000
info@envistaco.com
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SOURCE Envista Holdings Corporation
