home · filing · 0000950170-24-005068
8-K
filed January 17, 2024, 6:59 PM ET
ticker OFIX
CIK 0000884624
leadership
confidence high
sentiment neutral
materiality 0.55
Orthofix appoints Julie Andrews as CFO with inducement stock awards and severance agreement
Orthofix Medical Inc.
Julie Andrews started as CFO on Jan 15, 2024; previously CFO at Smart Wires and SVP Finance at Wright Medical.
Received inducement grants: performance-based RSUs for 65,934 shares (at target), time-based RSUs for 32,967 shares, and options for 76,878 shares.
Severance equal to 1.0x base salary + target bonus (1.5x on change in control) plus COBRA reimbursement for up to 12 months.
Options vest when service conditions met and stock price averages 150% of grant date price over one month.
Interim CFO Geoffrey Gillespie thanked; company expects Andrews to help drive growth and shareholder value.
Executive movements
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Appointed
Julie Andrews
Chief Financial Officer
OFIX ·
Orthofix Medical Inc.
Effective 2024-01-15
Filed January 17, 2024, 6:59 PM ET
On January 15, 2024, Julie Andrews began service as Chief Financial Officer of Orthofix Medical Inc.
Key facts
Extracted from this filing and checked against the source text.
Executive change
SEC 8-K Item 5.02
confidence 0.95
Julie Andrews was appointed as Chief Financial Officer at Orthofix Medical Inc..
Action began service
Role Chief Financial Officer
Exact text from the filing
On January 15, 2024, Julie Andrews began service as Chief Financial Officer of Orthofix Medical Inc.
View on SEC.gov
Source: SEC EDGAR
accession 0000950170-24-005068
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