---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-23-067364"
form_type: "8-K"
ticker: "OFIX"
cik: "0000884624"
company_name: "Orthofix Medical Inc."
filed_at: "2023-12-01T23:59:59+00:00"
generated_at: "2026-06-07T19:45:06.015547+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Orthofix names Massimo Calafiore as President and CEO; Burzić not standing for re-election

## Summary
- Massimo Calafiore appointed President and CEO effective early 2024, following LimaCorporate's acquisition by Enovis.
- Calafiore receives $825k base salary, 110% target bonus, and $7.5M in equity inducement awards (50% performance RSUs, 25% options, 25% time RSUs).
- He will receive a $225k after-tax relocation payment to San Diego area.
- Interim CEO Catherine Burzić will not stand for re-election at 2024 Annual Meeting; remains Chair until then.

## SEC filing metadata
- accession: 0000950170-23-067364
- form_type: 8-K
- ticker: OFIX
- cik: 0000884624
- company_name: Orthofix Medical Inc.
- filed_at: 2023-12-01T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/884624/000095017023067364/0000950170-23-067364-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/884624/000095017023067364/ofix-20231127.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-23-067364
- JSON: https://secwatch.observer/filing/0000950170-23-067364.json
- Plain text: https://secwatch.observer/filing/0000950170-23-067364.txt

## Key facts
- Executive change
  Massimo Calafiore was appointed as President and Chief Executive Officer at Orthofix Medical Inc..
  - Action: appointed
  - Role: President and Chief Executive Officer
  source text: announced that Massimo Calafiore and the Company have agreed that Mr. Calafiore will become the Company’s President and Chief Executive Officer.
  evidence_url: https://www.sec.gov/Archives/edgar/data/884624/000095017023067364/0000950170-23-067364-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.