leadership
confidence high
sentiment neutral
materiality 0.65
CONMED CFO Todd Garner to depart; transition to Special Advisor through Nov 2026
CONMED Corp
- Garner's separation effective by Mar 15, 2026 or upon appointment of new CFO; he will serve as Special Advisor until Nov 2, 2026.
- Garner eligible for severance under Executive Severance Plan: 1.5x salary + 1.5x average bonus; equity continues vesting through Separation Date.
- Company retained executive search firm for permanent CFO; separation not due to disagreement on operations, policies, financial results.
- Garner will receive base salary and pro-rated bonus during advisory period but will not receive annual equity grant in Q1 2026.
item 5.02item 9.01