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Enovis Announces Chief Financial Officer Transition Plan

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Enovis Corporation (NYSE: ENOV) announced the appointment of Ben Berry as the new Chief Financial Officer, effective January 1, 2023. Berry succeeds Chris Hix, who will transition to an advisory role until his retirement later in 2023. CEO Matt Trerotola praised Berry for his financial leadership and contributions to the company's growth strategy and improved operational performance since joining in 2020. Hix has played a pivotal role in transforming Enovis into a specialized medical technology leader since 2016.

Positive
  • Ben Berry brings 21 years of financial leadership in medical technology, enhancing financial teams since 2020.
  • Berry's promotion reflects his significant contributions to improved operating performance and profit margins.
  • Successful transition aims to ensure continuity in Enovis's growth strategy and operations.
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  • None.

Wilmington, DE, June 30, 2022 (GLOBE NEWSWIRE) -- 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


FAQ

Who is the new CFO of Enovis Corporation?

Ben Berry has been appointed as the new CFO of Enovis Corporation, effective January 1, 2023.

What position did Chris Hix hold at Enovis before retiring?

Chris Hix served as the Chief Financial Officer of Enovis Corporation before transitioning to an advisory role.

When is Chris Hix retiring from Enovis Corporation?

Chris Hix is set to retire in the fourth quarter of 2023.

How long has Ben Berry been with Enovis Corporation?

Ben Berry has been with Enovis Corporation since 2020.

What experience does Ben Berry have in the medical technology sector?

Ben Berry has 18 years of experience in the medical technology sector, including finance leadership roles at Alcon.

Enovis Corporation

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2.72B
55.33M
0.95%
112.39%
9.43%
Specialty Industrial Machinery
Orthopedic, Prosthetic & Surgical Appliances & Supplies
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United States of America
WILMINGTON