UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM
CURRENT REPORT
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| Item 5.02. | Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. |
On June 30, 2022, Enovis Corporation (the “Company”) announced that Christopher M. Hix will retire from his position as the Company’s Executive Vice President and Chief Financial Officer and cease to serve as the Company’s principal financial officer on December 31, 2022. At that time, Mr. Hix will transition to an advisory role until his retirement in the fourth quarter of 2023.
Upon Mr. Hix’s retirement from his current position, on January 1, 2023, the Company expects to appoint Phillip Benjamin (Ben) Berry, the current chief financial officer of the Company’s business units, as its new chief financial officer and principal financial officer.
Mr. Berry, 44, joined the Company in 2020, initially serving as chief financial officer of the Company’s medical technology segment, and serving as chief financial officer of those business units following the separation of the Company’s fabrication technology business on April 4, 2022. Previously, he spent 18 years in the medical technologies sector with Alcon, which included its launch as an independent public company. During his tenure at Alcon, Mr. Berry served in finance leadership roles of increasing responsibility in strategy, operations and business process improvement. Mr. Berry holds a master’s degree in business administration from Kennesaw State University.
A copy of the Company’s press release regarding these events is being furnished as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated herein by reference.
| Item 9.01 | Financial Statements and Exhibits. |
| 99.1 | Press release dated June 30, 2022 | |
| 104 | Cover Page Interactive Data File (the cover page XBRL tags are embedded within the Inline XBRL document) | |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| Date: June 30, 2022 | ENOVIS CORPORATION | |||||
| By: | /s/ Bradley J. Tandy | |||||
| Name: Bradley J. Tandy | ||||||
| Title: Senior Vice President and General Counsel | ||||||
Exhibit 99.1
Enovis Announces Chief Financial Officer Transition Plan
Wilmington, Delaware, June 30, 2022 — Enovis Corporation (NYSE: ENOV), an innovation-driven medical technology growth company, today announced that Ben Berry, CFO of the Company’s business units, will succeed Chris Hix as Chief Financial Officer, effective January 1, 2023. At that time, Mr. Hix will transition to an advisory role until his retirement in the fourth quarter of 2023.
Matt Trerotola, Enovis Chief Executive Officer, stated, “Ben has demonstrated strong financial leadership in the medical technology space over his 21-year career. Since joining us in 2020, he has strengthened our financial teams and processes, while making significant contributions to the Company’s improved operating performance and profit margins. He has also played a key role in shaping our growth strategy, including acquisitions. We look forward to Ben’s continued contributions to our future success in his new role.”
Mr. Trerotola continued, “It has been a privilege to work with Chris for the past six years, and we wish him all the best as he transitions into retirement. His deep experience, leadership, and commitment to excellence have been instrumental in the execution of our operating plans and transformation of the Company into a pure-play, medical technology leader. All of us at Enovis value his outstanding financial stewardship, thoughtful guidance, and strong engagement and will benefit from his valuable counsel to ensure a seamless transition.”
Mr. Hix joined the Company in 2016 as CFO. During his tenure, the Company transformed its portfolio of businesses by improving operating performance, acquiring a medical technology growth business platform, successfully divesting cyclical industrial businesses, and separating the remaining Company into two independent public companies with distinctive paths for significant shareholder value creation.
Previously, Mr. Berry spent 18 years in the medical technologies sector with Alcon, which included its launch as an independent public company. During his tenure, he served in finance leadership roles of increasing responsibility in strategy, operations and business process improvement. He holds a master’s degree in business administration from Kennesaw State University.
About Enovis
Enovis Corporation (NYSE: ENOV) is an innovation-driven medical technology growth company dedicated to developing clinically differentiated solutions that generate measurably better patient outcomes and transform workflows. Powered by a culture of continuous improvement, global talent and innovation, the Company’s extensive range of products, services and integrated technologies fuels active lifestyles in orthopedics and beyond. For more information about Enovis, please visit www.enovis.com.
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Derek Leckow
Vice President, Investor Relations
Enovis Corporation
+1-302-252-9129
investorrelations@Enovis.com
Source: Enovis Corporation