Teleflex Announces Planned Retirement of Thomas Powell As Chief Financial Officer
Teleflex (NYSE:TFX) announced that Chief Financial Officer Thomas E. Powell will retire effective April 1, 2025, after more than 13 years with the company. John R. Deren, currently Corporate Vice President and Chief Accounting Officer, will succeed as Executive Vice President and CFO effective April 2, 2025.
Powell will continue as a consultant through March 31, 2026, to ensure a smooth transition. Under his tenure, Teleflex achieved an 800 basis points increase in adjusted operating margin from 2012-2024. Deren, who joined Teleflex in 2013, brings over 30 years of financial management experience, having previously worked at PricewaterhouseCoopers, Rohm and Haas, Exelon Generation, and Trinseo.
Teleflex (NYSE:TFX) ha annunciato che il Chief Financial Officer Thomas E. Powell si ritirerà a partire dal 1 aprile 2025, dopo oltre 13 anni con l'azienda. John R. Deren, attualmente Vice Presidente Corporate e Chief Accounting Officer, succederà come Executive Vice President e CFO a partire dal 2 aprile 2025.
Powell continuerà a lavorare come consulente fino al 31 marzo 2026, per garantire una transizione fluida. Sotto la sua direzione, Teleflex ha raggiunto un incremento di 800 punti base nel margine operativo rettificato dal 2012 al 2024. Deren, che è entrato in Teleflex nel 2013, porta con sé oltre 30 anni di esperienza nella gestione finanziaria, avendo precedentemente lavorato presso PricewaterhouseCoopers, Rohm and Haas, Exelon Generation e Trinseo.
Teleflex (NYSE:TFX) anunció que el Director Financiero Thomas E. Powell se retirará a partir del 1 de abril de 2025, después de más de 13 años en la empresa. John R. Deren, actualmente Vicepresidente Corporativo y Director de Contabilidad, lo sucederá como Vicepresidente Ejecutivo y CFO a partir del 2 de abril de 2025.
Powell continuará como consultor hasta el 31 de marzo de 2026, para asegurar una transición fluida. Durante su mandato, Teleflex logró un incremento de 800 puntos básicos en el margen operativo ajustado de 2012 a 2024. Deren, quien se unió a Teleflex en 2013, aporta más de 30 años de experiencia en gestión financiera, habiendo trabajado anteriormente en PricewaterhouseCoopers, Rohm and Haas, Exelon Generation y Trinseo.
텔레플렉스 (NYSE:TFX)는 최고 재무 책임자( CFO)인 토마스 E. 파웰이 2025년 4월 1일부로 은퇴한다고 발표했습니다. 그는 회사에서 13년 이상 근무했습니다. 존 R. 데렌은 현재 기업 부사장 및 회계 책임자로서 2025년 4월 2일부터 부사장 겸 CFO로 취임할 예정입니다.
파웰은 2026년 3월 31일까지 컨설턴트로 계속 활동하여 원활한 전환을 보장할 것입니다. 그의 재임 기간 동안 텔레플렉스는 2012년부터 2024년까지 조정된 운영 마진이 800 베이시스 포인트 증가했습니다. 2013년에 텔레플렉스에 합류한 데렌은 프라이스워터하우스쿠퍼스, 로흐 앤 하스, 엑셀론 제너레이션 및 트린시오에서 이전에 근무한 30년 이상의 재무 관리 경험을 가지고 있습니다.
Teleflex (NYSE:TFX) a annoncé que le directeur financier Thomas E. Powell prendra sa retraite à compter du 1er avril 2025, après plus de 13 ans au sein de l'entreprise. John R. Deren, actuellement vice-président corporate et directeur comptable, lui succédera en tant que vice-président exécutif et CFO à partir du 2 avril 2025.
Powell continuera en tant que consultant jusqu'au 31 mars 2026, afin d'assurer une transition en douceur. Sous sa direction, Teleflex a réalisé une augmentation de 800 points de base de la marge opérationnelle ajustée de 2012 à 2024. Deren, qui a rejoint Teleflex en 2013, apporte plus de 30 ans d'expérience en gestion financière, ayant précédemment travaillé chez PricewaterhouseCoopers, Rohm and Haas, Exelon Generation et Trinseo.
Teleflex (NYSE:TFX) gab bekannt, dass der Chief Financial Officer Thomas E. Powell zum 1. April 2025 in den Ruhestand tritt, nachdem er mehr als 13 Jahre im Unternehmen tätig war. John R. Deren, derzeit Corporate Vice President und Chief Accounting Officer, wird ab dem 2. April 2025 als Executive Vice President und CFO nachfolgen.
Powell wird bis zum 31. März 2026 als Berater tätig bleiben, um einen reibungslosen Übergang zu gewährleisten. Während seiner Amtszeit erzielte Teleflex einen Anstieg von 800 Basispunkten beim bereinigten Betriebsergebnis von 2012 bis 2024. Deren, der 2013 zu Teleflex kam, bringt über 30 Jahre Erfahrung im Finanzmanagement mit, nachdem er zuvor bei PricewaterhouseCoopers, Rohm and Haas, Exelon Generation und Trinseo gearbeitet hat.
- 800 basis points increase in adjusted operating margin (2012-2024)
- Structured succession plan ensuring leadership continuity
- New CFO brings 30+ years of financial management experience
- Loss of long-term CFO with 13+ years company experience
John Deren To Be Named Executive Vice President and Chief Financial Officer
WAYNE, Pa., Feb. 27, 2025 (GLOBE NEWSWIRE) -- 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 Incorporated
As 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 Statements
Any 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:
Teleflex
Lawrence Keusch
Vice President, Investor Relations and Strategy Development
investor.relations@teleflex.com
610-948-2836
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