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RTI Surgical names new CEO, parts ways with CSO Hartill | Personnel Moves, January 31, 2016

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RTI Surgical names new CEO, parts ways with CSO Hartill | Personnel Moves, January 31, 2016RTI Surgical (NSDQ:RTIX) named Camille Farhat as its chief executive officer, effective March 15, 2017.

Previously, Farhat served as president & CEO of American Medical Systems, Inc., where he helped facilitate Boston Scientific (NYSE:BSX)’s $1.65 billion acquisition of the men’s and prostate health businesses. He has also held leadership positions with Baxter (NYSE:BAX), Medtronic (NYSE:MDT) and General Electric (NYSE:GE).

“Today marks a significant development for RTI’s future. We are pleased that Camille Farhat, an experienced leader with a laser customer focus and solid track record of driving highly effective operational performance in complex health care markets, has agreed to join RTI as our new CEO,” RTI chairman Curtis Selquist said in prepared remarks. “On behalf of the entire board, I would like to thank Robert Jordheim for his service as interim CEO. We are pleased that he will be returning to his role as our chief financial officer once Camille is on board. I also want to thank Wy Louw, who has been serving as interim CFO and will resume his controller responsibilities.”

“I am excited to have the opportunity to shape RTI’s strategic direction and return it to sustainable growth,” Farhat added. “The RTI leadership team, its talented employees and I will dedicate ourselves to developing successful strategies for each business area to ensure we are better addressing our patients’ critical needs and leading the industry in innovation and quality. In doing so, I am confident that we will advance RTI’s path to growth and success.”

The Alachua, Fla.-based company also said that its executive VP & chief scientific officer, Caroline Hartill, is leaving the company effective Jan. 31. The company plans to eliminate the position of CSO but Hartill could work as a consultant after her departure, according to regulatory filings.

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The post RTI Surgical names new CEO, parts ways with CSO Hartill | Personnel Moves, January 31, 2016 appeared first on MassDevice.


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