- After about five years in the position
- Praise and thanks for Aghdaei
- Search for a successor
- Aghdaei said 113 words
(exechange) — Brea, California, February 26, 2024 — Amir Aghdaei, chief executive of Envista, is set to leave his position. As announced by Envista Holdings Corp. in a news release and in a regulatory filing published on Monday, February 26, 2024, Amir Aghdaei will leave his post as chief executive officer at the dental equipment and supplies manufacturing company, after about five years in the role, effective when his successor is appointed.
Envista will undertake a search for a successor.
“It is now time”
The planned management change is explained as follows. Aghdaei stated: “After nearly 10 years leading Danaher’s Dental Platform and the Envista team, it is now time to focus on the next phase of building a world-class dental company.”
Precise information regarding Amir Aghdaei’s future plans was not immediately available.
Envista said: “[T]he Board of Directors and CEO Amir Aghdaei are formally launching a process to determine a successor for CEO.”
Share price decline since February 2022
The announcement follows a decline in Envista Holdings Corp.’s share price of 48% since February 2022.
In the position of CEO since 2019
Amir Aghdaei became CEO of the Company in 2019.
Amir Aghdaei has served as the Company’s President and Chief Executive Officer and as a director on the Company’s Board since May 2019.
Prior to that, Aghdaei served in multiple leadership roles since joining Danaher Corporation in 2008, including as Vice President – Group Executive since 2011 and with responsibility for Danaher’s Dental business since July 2015.
Before joining Danaher, Aghdaei served in a variety of international leadership roles with Hewlett-Packard Company, Agilent Technologies Inc. and Credence Systems Corporation.
113 words by Amir Aghdaei
In the release announcing his planned departure as CEO of Envista Holdings Corp., Amir Aghdaei received praise and thanks.
In announcing his departure, Amir Aghdaei said 113 words.
“Accelerating growth, expanding margins, and transforming the portfolio”
Amir Aghdaei stated: “After nearly 10 years leading Danaher’s Dental Platform and the Envista team, it is now time to focus on the next phase of building a world-class dental company. Finding a strong successor will ensure that we continue our journey to digitize, personalize, and democratize the dental industry. After the appointment of a new leader, I will provide support to ensure a smooth transition, as needed. As we go through this process, I remain focused on driving our near-term transformation while ensuring we are positioned to achieve our long-term priorities of accelerating growth, expanding margins, and transforming the portfolio. I am incredibly proud of the Envista team and am committed to our long-term success.”
The above text is an excerpt from the exechange report 10.2024 ($), publication date March 4, 2024.