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Sotera Health Announces Departure of Chief Financial Officer Scott Leffler

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Sotera Health Company (NASDAQ: SHC) announced the departure of CFO Scott Leffler after over five years, effective August 12, 2022, as he relocates to Florida for a new role. The search for a permanent replacement is underway. Leffler's exit is not linked to any operational issues within the company. CEO Michael B. Petras, Jr. expressed gratitude for Leffler's contributions and confidence in the company's future growth, emphasizing its commitment to the mission of safeguarding global health.

Positive
  • Sotera Health is launching a search for a new CFO, ensuring an orderly transition.
  • Leffler's departure is not related to company performance, indicating stability.
Negative
  • The departure of a key executive like the CFO may create uncertainty among investors.
  • -

CLEVELAND, May 19, 2022 (GLOBE NEWSWIRE) -- Sotera Health Company (NASDAQ: SHC), a leading global provider of mission-critical end-to-end sterilization solutions and lab testing and advisory services for the healthcare industry, today announced the departure of Scott Leffler, Sotera Health’s Chief Financial Officer (CFO). After over five years at Sotera Health, Leffler has accepted another CFO role and will be relocating to Florida. To support an orderly transition, Leffler will remain at Sotera Health until August 12, 2022.

Sotera Health has launched a formal search process to identify Leffler’s permanent replacement. Mr. Leffler’s departure is driven by other opportunities and his family’s desire to relocate and is not related to any matter connected with the Company's operations, policies or practices.

“The Board and I thank Scott for his many contributions to Sotera Health during his tenure. He has been an integral part of our executive management team, and we wish him all the best success in his next endeavor,” said Michael B. Petras, Jr., Chairman and CEO. “Scott will be working closely with our experienced Finance team on the transition, until his departure in August. We are confident in our ability to execute our business strategy and in the continued growth of the company.”

“I am immensely proud of our achievements since I joined Sotera Health over five years ago," said Leffler. "It has been an honor to work with the Sotera Health leadership team and so many exceptionally talented individuals as we grew the company and delivered on our mission, Safeguarding Global Health®, while becoming a public company. I am leaving knowing that Sotera Health is well positioned for the future.”

About Sotera Health
Sotera Health Company is a leading global provider of mission-critical end-to-end sterilization solutions and lab testing and advisory services for the healthcare industry. Sotera Health goes to market through three businesses – Sterigenics®, Nordion® and Nelson Labs®. Sotera Health is committed to its mission, Safeguarding Global Health®.

INVESTOR RELATIONS CONTACTS 
Joseph Vitale
VP, Investor Relations, Sotera Health
IR@soterahealth.com

Sally J. Curley, IRC
Curley Global IR, LLC
IR@soterahealth.com

MEDIA CONTACT 
Kristin Gibbs
Chief Marketing Officer, Sotera Health
kgibbs@soterahealth.com
 
  

Source: Sotera Health Company


FAQ

What does Sotera Health do?

Sotera Health provides sterilization solutions and lab testing services for the healthcare industry.

When is Scott Leffler leaving Sotera Health?

Scott Leffler is leaving on August 12, 2022.

Why did Scott Leffler leave Sotera Health?

Scott Leffler left for another CFO opportunity and to relocate to Florida.

What is the stock symbol for Sotera Health?

The stock symbol for Sotera Health is SHC.

Is there any impact of Leffler’s departure on Sotera Health's operations?

Leffler's departure is not linked to any operational issues, indicating ongoing stability.

Sotera Health Company

NASDAQ:SHC

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Diagnostics & Research
Services-misc Health & Allied Services, Nec
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United States of America
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