Fierce Biotech November 29, 2023
Orthofix has found itself a new leader after the board ousted its previous chief and other members of its C-suite earlier this year over what they described as “offensive conduct.”
Massimo Calafiore is slated to take the helm of the spine implant and orthopedics player as president and CEO in early 2024. At the moment, Calafiore serves as CEO of the Italian orthopedics developer Lima—a company that has inked an 800 million euro deal to be acquired by Enovis, the nascent medtech that spun out from the Colfax brand last year.
In September, Orthofix disclosed that it had issued for-cause terminations to its president and CEO, Keith Valentine, as well as Chief Financial Officer John Bostjancic and Chief Legal Officer...