Avanos Medical, Inc. Appoints Bill Haydon as Senior Vice President & General Manager, Pain Franchise

Rhea-AI Summary

Avanos Medical, Inc. (NYSE: AVNS) has appointed Bill Haydon as the new senior vice president and general manager of its combined pain franchise. Haydon, who previously led medical division operations at Cantel, is expected to drive a global growth strategy for the pain management business. His nearly 25 years of experience in strategy, marketing, and M&A is anticipated to enhance Avanos' efforts in achieving sustainable growth. CEO Joe Woody highlighted the importance of this alignment, aiming to improve efficiencies and customer service.

Positive

• Appointment of Bill Haydon expected to enhance strategic direction and growth.
• Brings nearly 25 years of relevant experience from high-growth organizations.
• Unified leadership to improve operational efficiency in pain management sector.

Negative

• Concerns regarding continuity with management changes.
• Potential experience gaps affecting the execution of the new global strategy.

ALPHARETTA, Ga., Aug. 31, 2020 /PRNewswire/ -- Avanos Medical, Inc. (NYSE: AVNS) today announced that Bill Haydon has been appointed senior vice president & general manager for the company's newly combined pain franchise. In this role, Haydon will spearhead a global strategy to support transformation and growth in this business. Previously, Haydon served as senior vice president and general manager for the medical division of Cantel, a leading provider of infection prevention products and services in the healthcare market.

Haydon brings to Avanos nearly 25 years of experience in strategy, marketing, commercialization, innovation, M&A strategy development and execution. While at Cantel, Haydon played an integral role in creating and leading the global marketing and business development organizations, restructuring the commercial organization, building a robust, market-driven product pipeline, and establishing a proactive, strategic approach to M&A. Prior to that, Haydon held global leadership roles at a number of high-growth organizations in the medical device and medical technology space, including Boston Scientific, Bayer Healthcare and St. Jude Medical.

"To improve focus, drive efficiencies and better serve our customers, we have united our Interventional Pain and Acute Pain businesses under one global pain franchise leader," stated Joe Woody, chief executive officer. "This mirrors the structure of our Chronic Care organization and we expect this alignment to accelerate growth and allow us to capitalize on areas where our pain businesses overlap, like in our orthopedic and sports medicine channels. We are very pleased to have Bill join Avanos in this new role. His prior experience at Cantel in creating sustainable growth strategies and establishing a proactive, strategic approach to M&A will be of great value as we focus on creating long-term value for our customers, employees and shareholders."

Haydon holds a bachelor's degree from the University of Minnesota Duluth, and an MBA from the University of Minnesota's Carlson School of Management.

About Avanos Medical, Inc.
Avanos Medical, Inc. (NYSE: AVNS) is a medical technology company focused on delivering clinically superior breakthrough medical device solutions to improve patients' quality of life. Headquartered in Alpharetta, Georgia, Avanos is committed to addressing some of today's most important healthcare needs, such as reducing the use of opioids while helping patients move from surgery to recovery. Avanos develops, manufactures and markets its recognized brands in more than 90 countries. For more information, visit Avanos.com and follow Avanos Medical on Twitter (@AvanosMedical), LinkedIn and Facebook.

 

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SOURCE Avanos Medical, Inc.

FAQ

Who is the new senior vice president and general manager of Avanos Medical's pain franchise?

Bill Haydon has been appointed as the senior vice president and general manager for Avanos Medical's newly combined pain franchise.

What is Bill Haydon's experience prior to joining Avanos Medical?

Bill Haydon has nearly 25 years of experience in strategy, marketing, and M&A, previously serving at Cantel.

What is the objective behind the appointment of Bill Haydon at Avanos Medical?

The objective is to develop a global growth strategy for the pain franchise and improve operational efficiencies.

What impact does Avanos Medical expect from this leadership change?

The company aims to accelerate growth and better serve customers by aligning its Interventional Pain and Acute Pain businesses under a unified leader.

How does Bill Haydon's appointment affect the company's strategy?

His experience in creating sustainable growth strategies is expected to drive transformation in Avanos Medical's pain management business.