Zimmer Biomet’s Spin-Off Debuts as ZimVie

Zimmer Biomet Inc.

In February, Zimmer Biomet announced its intention to spin off its spine and dental businesses into a new public company. That transaction process remains on track, with an expected close in mid-2022.

Now, the company has shared key appointments to the NewCo leadership team, including Richard J. Heppenstall as Executive Vice President and Chief Financial Officer. Further, the company announced ZimVie as the name for the planned spin-off.

Mr. Heppenstall brings more than 25 years of broad corporate and operational finance experience to ZimVie, most recently serving as Chief Financial Officer of Breg, a global manufacturer and solutions provider of orthopedic braces, cold therapy and other medical equipment.

Mr. Heppenstall previously held senior leadership roles at Orthofix International, Solera Holdings, Flowserve Corporation and Coopervision Inc., among others.

In addition to Mr. Heppenstall, the following team members have been appointed to the ZimVie leadership team, reporting directly to Mr. Jamali.

Vincent Binetti, General Manager, Bone Healing
Laura Driscoll, Vice President, Communications
David Harmon, Senior Vice President, Chief Human Resources Officer
Indraneel Kanaglekar, Senior Vice President, President, Global Dental
Heather Kidwell, Senior Vice President, Chief Legal and Compliance Officer
Mike Minette, Senior Vice President, Strategy and Corporate Development
Ann Vu, Senior Vice President, Regulatory Affairs and Quality Assurance
Rebecca Whitney, Senior Vice President, President, Global Spine

“I’m incredibly excited to bring on such a seasoned leadership team to drive ZimVie forward following the separation. With their collective experience, I know we have the right leaders in place to set ZimVie up for success,” said Vafa Jamali, CEO of ZimVie.

Source: Zimmer Biomet

JAV

Julie A. Vetalice is ORTHOWORLD's Editorial Assistant. She has covered the orthopedic industry for over 20 years, having joined the company in 1999.

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