Exactech, a global medical technology leader, announced that Aurelio Sahagun will serve as the Chief Executive Officer of the new company's business upon the closing of the pending sale, which is expected as soon as October. Mr. Sahagun will succeed current CEO Darin Johnson, who will assist in the leadership transition and will assume a strategic advisory role for the new company.
"I'm excited to pass the baton to Aurelio following the Company's successful closing of the sale to new ownership," said Mr. Johnson. "Aurelio is well-equipped to lead the new company with his vast experience in driving excellent results for innovative medical devices and implants. I am impressed by Aurelio's people-first approach that is highly consistent with Exactech's culture and core values. It's been a great honor to lead Exactech for the past six years, following over two decades at the Company working alongside our impressive team providing innovative products for our surgeon partners and patients, and I am confident Aurelio is the right leader for the new company."
"I'm thrilled to join the company at this important juncture," added Mr. Sahagun. "The people, products and culture that have been cultivated throughout the Company's 40-year history are recognized across the industry and will bolster the mission and success of the 'new Exactech'. I'm looking forward to working with the team to execute on our strategic priorities upon emergence, including driving the continued success of the impressive product portfolio and maintaining strong financial performance as a new company. I would echo Darin's sentiment that the Exactech team brings unmatched industry-knowledge, dedication and enthusiasm, and I know we will continue to facilitate improved outcomes for surgeons and their patients as an even stronger new company for years to come."
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