Teleflex Announces Planned Retirement of Thomas Powell As Chief Financial Officer
27 February 2025 - 10:36PM
Teleflex Incorporated (NYSE:TFX), a leading global provider of
medical technologies, today announced that Thomas E. Powell,
Teleflex’s Chief Financial Officer, has decided to retire as
Executive Vice President and Chief Financial Officer, effective
April 1, 2025. John R. Deren, who currently serves as Corporate
Vice President and Chief Accounting Officer of Teleflex, will
succeed Mr. Powell as Executive Vice President and Chief Financial
Officer, effective April 2, 2025. Following his retirement, Mr.
Powell will serve as a consultant to the company through March 31,
2026 to support continuity and a smooth transition.
“Tom has announced his desire to retire from Teleflex after more
than 13 years with the company,” said Liam Kelly, Chairman,
President and Chief Executive Officer of Teleflex. “Over the years,
Tom has been a trusted partner in our efforts to build a durable
growth company. He has been instrumental in driving adjusted
operating margin expansion, which increased 800 bps from 2012-2024.
As the company has grown, Tom has built a highly capable global
finance organization, which keeps us well-positioned for the
future. I would also like to recognize Tom’s prioritization to his
own succession planning to ensure a well-planned and smooth
transition in finance leadership. I want to thank Tom for his
numerous contributions to Teleflex and congratulate him on his
upcoming retirement. I also want to welcome John as the new
chief financial officer and look forward to working closely with
him. John’s knowledge of the Teleflex business and his trusted
stewardship of the finance function will provide continuity and be
instrumental as we continue to execute our growth strategy.”
Mr. Deren has had a wide-ranging set of responsibilities within
the Teleflex Finance organization since joining the company in
2013. During his tenure, John has had executive oversight of
various functions within Finance, including Corporate Finance,
Finance Shared Services, Global Supply Chain Finance, Treasury, and
Tax.
John has over 30 years of financial management and reporting
experience for public companies. He began his career and obtained
his CPA at PricewaterhouseCoopers and progressed to then hold
finance leadership roles at Rohm and Haas, Exelon Generation, and
Trinseo prior to joining Teleflex.
About Teleflex IncorporatedAs a global provider
of medical technologies, Teleflex is driven by our purpose to
improve the health and quality of people’s lives. Through our
vision to become the most trusted partner in healthcare, we offer a
diverse portfolio with solutions in the therapy areas of
anesthesia, emergency medicine, interventional cardiology and
radiology, surgical, vascular access, and urology. We believe that
the potential of great people, purpose driven innovation, and
world-class products can shape the future direction of
healthcare.
Teleflex is the home of Arrow™, Barrigel™, Deknatel™, LMA™,
Pilling™, QuikClot™, Rüsch™, UroLift™ and Weck™ – trusted brands
united by a common sense of purpose.
At Teleflex, we are empowering the future of healthcare. For
more information, please visit teleflex.com.
Forward-Looking StatementsAny statements
contained in this press release that do not describe historical
facts may constitute forward-looking statements. Any
forward-looking statements contained herein are based on our
management's current beliefs and expectations, but are subject to a
number of risks, uncertainties and changes in circumstances, which
may cause actual results or company actions to differ materially
from what is expressed or implied by these statements. These risks
and uncertainties are identified and described in more detail in
our filings with the Securities and Exchange Commission, including
our Annual Report on Form 10-K.
Teleflex, the Teleflex logo, Arrow, Barrigel, Deknatel, LMA,
Pilling, QuikClot, Titan SGS, Rüsch, UroLift and Weck are
trademarks or registered trademarks of Teleflex Incorporated or its
affiliates, in the U.S. and/or other countries. © 2025 Teleflex
Incorporated. All rights reserved.
Contacts:TeleflexLawrence KeuschVice President,
Investor Relations and Strategy Development
investor.relations@teleflex.com610-948-2836
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