Dental News - Dentsply Sirona introduces new CEO and board members

Dental Tribune International

Thu. 18. January 2018

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YORK, Pa., U.S.: Dentsply Sirona, manufacturer of professional dental products and technologies, has announced that three new board members have been appointed to its board of directors, expanding the board size from nine to 12. In addition to Don M. Casey Jr., Dentsply Sirona’s newly appointed CEO, Betsy D. Holden and Leslie F. Varon will be joining the board.

Dentsply Sirona announced that its Board of Directors has appointed Donald M. Casey Jr. as Chief Executive Officer and as a member of the Company’s Board of Directors, effective February 12, 2018. Casey succeeds Mark A. Thierer, who served as Interim Chief Executive Officer since September. Thierer will continue to serve as Interim Chief Executive Officer through February 11, 2018 and will work closely with. Casey to ensure a seamless transition.

“Dentsply Sirona’s Board of Directors is excited to appoint Don as our CEO,” said Eric K. Brandt, Non-Executive Chairman of the Board. “After a comprehensive search and careful consideration, our Board unanimously concluded that Don has the right mix of skills, experience and talent to lead Dentsply Sirona to achieve its full potential.”

"I would like to thank the Board of Directors for placing their trust and confidence in me,” stated Don Casey. “It is truly an honor to serve as the next Chief Executive Officer of Dentsply Sirona. This is a company that brings over a century of deep understanding of the market, leading brands, an unparalleled track record for innovation and a recognized commitment to clinical education. I firmly believe that Dentsply Sirona is well positioned to serve our customers by bringing comprehensive solutions globally.

Casey has more than 30 years of global health care experience and an outstanding track record in identifying and commercializing medical innovations. He most recently served as Chief Executive Officer of the Medical segment of Cardinal Health, a leading manufacturer and provider of medical products and supply chain services to hospitals, laboratories, physician offices, surgery centers and other sites of care across the health care continuum.

“We are delighted to welcome Betsy and Leslie to Dentsply Sirona's Board of Directors,” said Eric K. Brandt, Non-Executive Chairman of the Board. “Both individuals are internationally recognized business leaders, incredibly talented and bring a broad set of skills to Dentsply Sirona. We are fortunate to add such high caliber people to help us achieve our potential as the market leader in dental products and technologies.”

Holden is a senior adviser to McKinsey & Company, working with clients across industries on strategy, marketing, innovation and board effectiveness initiatives. She was formerly Co-CEO of Kraft Foods and CEO of Kraft Foods North America, among other positions she held at Kraft. At the time, Kraft Foods was the largest food company in North America and the second largest in the world. Holden introduced new products that generated over $2 billion in revenue, and under her leadership, Kraft received numerous accolades for marketing, new products and best places to work.

Holden serves on the boards of Diageo, Time and the Western Union Company. Previously, she also served on the boards of Catamaran (now OptumRx), Tribune, Kraft Foods and Tupperware Brands. Holden graduated summa cum laude with a BA from Duke University and received a master’s degree in marketing and finance from the Northwestern University Kellogg School of Management. She has been named on Fortune’s Most Powerful Women list multiple times.

Holden commented: “I am excited to join Dentsply Sirona, the innovator in the dental industry and do my part in collaboration with Management and the Board to help the company achieve its Mission of empowering dental professionals to deliver better, safer, faster dental care.”

Varon has an extensive record of financial and business leadership in corporate financial management and investor relations. She gained significant experience driving business transformation over 30 years at Xerox Corp., including complex turnarounds, mergers and acquisitions, crisis management and the spinoff of a major business unit. During her career with Xerox, Varon served in a variety of senior roles, including as chief financial officer.

Varon serves on the board of Hamilton Lane. She holds a BA from Binghamton University and an MBA with concentrations in finance and marketing from Virginia Polytechnic Institute and State University.

“Dentsply Sirona is the global market leader in the dental industry with significant growth opportunities,” said Varon. “I am eager to partner with my fellow Board members, the management team and employees to improve oral health worldwide and create long-term shareholder value.”

(This article was updated on Jan. 19, 2018)

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