---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-234766"
form_type: "8-K"
ticker: "OFIX"
cik: "0000884624"
company_name: "Orthofix Medical Inc."
filed_at: "2023-09-14T23:59:59+00:00"
generated_at: "2026-06-10T18:20:37.609307+00:00"
event_type: "leadership"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Orthofix terminates CEO, CFO, CLO for misconduct; appoints interim replacements

## Summary
- Keith Valentine, John Bostjancic, Patrick Keran fired for cause after investigation found repeated inappropriate and offensive conduct.
- Catherine Burzik (Board Chair) named Interim CEO; Geoffrey Gillespie (VP Corp Controller) Interim CFO; Puja Leekha (Chief Ethics & Compliance) Interim CLO.
- Company states misconduct unrelated to strategy, results, or previously filed financial statements.
- Board will immediately search for permanent successors; created Executive Committee with broad authority.
- Morgan Stanley conference participation on Sep 13 canceled; investor day planned for Sep 20 postponed.

## SEC filing metadata
- accession: 0001193125-23-234766
- form_type: 8-K
- ticker: OFIX
- cik: 0000884624
- company_name: Orthofix Medical Inc.
- filed_at: 2023-09-14T23:59:59+00:00
- event_type: leadership
- sentiment: negative
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 5.02, 7.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/884624/000119312523234766/0001193125-23-234766-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/884624/000119312523234766/d517366d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-234766
- JSON: https://secwatch.observer/filing/0001193125-23-234766.json
- Plain text: https://secwatch.observer/filing/0001193125-23-234766.txt

## Key facts
- Executive change
  Geoffrey C. Gillespie was appointed as Interim Chief Financial Officer at Orthofix Medical Inc..
  - Action: appointed
  - Role: Interim Chief Financial Officer
  source text: The Board also appointed Geoffrey C. Gillespie as Interim Chief Financial Officer and Puja Leekha as Interim Chief Legal Officer, each effective immediately.
  evidence_url: https://www.sec.gov/Archives/edgar/data/884624/000119312523234766/0001193125-23-234766-index.htm
- Executive change
  Keith Valentine was terminated as Chief Executive Officer at Orthofix Medical Inc..
  - Action: terminated
  - Role: Chief Executive Officer
  source text: On September 11, 2023, the Board of Directors (the “Board”) of Orthofix Medical Inc. (“Orthofix” or the “Company”) terminated the employment of Keith Valentine, the Company’s Chief Executive Officer, John Bostjancic, the Company’s Chief Financial Officer and Patrick Keran, the Company’s Chief Legal Officer.
  evidence_url: https://www.sec.gov/Archives/edgar/data/884624/000119312523234766/0001193125-23-234766-index.htm
- Executive change
  Catherine M. Burzik was appointed as Interim Chief Executive Officer at Orthofix Medical Inc..
  - Action: appointed
  - Role: Interim Chief Executive Officer
  source text: Also on September 11, 2023, the Board appointed Catherine M. Burzik, the current Chair of the Board, as Interim Chief Executive Officer, effectively immediately.
  evidence_url: https://www.sec.gov/Archives/edgar/data/884624/000119312523234766/0001193125-23-234766-index.htm
- Executive change
  John Bostjancic was terminated as Chief Financial Officer at Orthofix Medical Inc..
  - Action: terminated
  - Role: Chief Financial Officer
  source text: On September 11, 2023, the Board of Directors (the “Board”) of Orthofix Medical Inc. (“Orthofix” or the “Company”) terminated the employment of Keith Valentine, the Company’s Chief Executive Officer, John Bostjancic, the Company’s Chief Financial Officer and Patrick Keran, the Company’s Chief Legal Officer.
  evidence_url: https://www.sec.gov/Archives/edgar/data/884624/000119312523234766/0001193125-23-234766-index.htm
- Executive change
  Patrick Keran was terminated as Chief Legal Officer at Orthofix Medical Inc..
  - Action: terminated
  - Role: Chief Legal Officer
  source text: On September 11, 2023, the Board of Directors (the “Board”) of Orthofix Medical Inc. (“Orthofix” or the “Company”) terminated the employment of Keith Valentine, the Company’s Chief Executive Officer, John Bostjancic, the Company’s Chief Financial Officer and Patrick Keran, the Company’s Chief Legal Officer.
  evidence_url: https://www.sec.gov/Archives/edgar/data/884624/000119312523234766/0001193125-23-234766-index.htm
- Executive change
  Puja Leekha was appointed as Interim Chief Legal Officer at Orthofix Medical Inc..
  - Action: appointed
  - Role: Interim Chief Legal Officer
  source text: The Board also appointed Geoffrey C. Gillespie as Interim Chief Financial Officer and Puja Leekha as Interim Chief Legal Officer, each effective immediately.
  evidence_url: https://www.sec.gov/Archives/edgar/data/884624/000119312523234766/0001193125-23-234766-index.htm

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