Zimmer & Biomet shift personnel after acquisition| Personnel Moves (MassDevice)
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Zimmer (NYSE:ZMH), who acquired Biomet in a deal that closed this month, announced a series of personnel shifts upon the closure of the merger.
Zimmer CFO and senior veep James Crines has stepped down from his position to retire, effective August 3, to be replaced by former CFO and senior veep of Biomet Daniel Florin, the company said. Prior to his position at Biomet, Florin was veep and corporate controller at Boston Scientific (NYSE:BSX) from 2001-2007.
Zimmer veep of finance and chief accounting officer Derek Davis has been lifted to veep of global integration, the company said. Zimmer global reconstructive division veep of finance Tony Collins will take the chief accounting position upon Davis’ exit.
Zimmer Asia Pacific president Stephen Ooi will also be stepping down to retire in December, the company said.
The combined company said it also expanded its board of directors from 10 members to 12, designating LVB directors Michael Michelson and Jeffrey Rhodes to the board.