---
schema_version: "secwatch.filing_event.v1"
accession: "0001639691-23-000037"
form_type: "8-K"
ticker: "LIVN"
cik: "0001639691"
company_name: "LivaNova PLC"
filed_at: "2023-04-14T23:59:59+00:00"
generated_at: "2026-06-17T01:57:56.989989+00:00"
event_type: "leadership"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# LivaNova CEO Damien McDonald resigns; interim CEO William Kozy appointed; preliminary Q1 revenue $263M up 9%

## Summary
- Damien McDonald resigned as CEO effective April 14, 2023; William Kozy appointed interim CEO.
- Board retained executive search firm to identify permanent CEO; Kozy remains Board Chair.
- McDonald receives £1,062,138.55 notice payment; unvested equity forfeited; garden leave until May 31, 2023.
- Preliminary Q1 2023 revenue $263M, up 9% from $240M in Q1 2022.
- Full first-quarter results will be released May 3, 2023.

## SEC filing metadata
- accession: 0001639691-23-000037
- form_type: 8-K
- ticker: LIVN
- cik: 0001639691
- company_name: LivaNova PLC
- filed_at: 2023-04-14T23:59:59+00:00
- event_type: leadership
- sentiment: negative
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1639691/000163969123000037/0001639691-23-000037-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1639691/000163969123000037/livn-20230412.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001639691-23-000037
- JSON: https://secwatch.observer/filing/0001639691-23-000037.json
- Plain text: https://secwatch.observer/filing/0001639691-23-000037.txt

## Key facts
- Earnings Releases
  LivaNova PLC reported first quarter 2023 results: revenue $263 million.
  - Period: first quarter 2023
  - Revenue: $263 million
  - Result: preliminary results
  source text: the company is announcing preliminary first quarter 2023 reported revenue of $263 million, an increase of 9% from first quarter 2022 reported revenue of $240 million
  evidence_url: https://www.sec.gov/Archives/edgar/data/1639691/000163969123000037/0001639691-23-000037-index.htm
- Executive change
  William A. Kozy was appointed as Chief Executive Officer at LivaNova PLC.
  - Action: appointed
  - Role: Chief Executive Officer
  source text: the Company announced that William A. Kozy, Chair of the Board of Directors, has been appointed interim Chief Executive Officer.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1639691/000163969123000037/0001639691-23-000037-index.htm
- Executive change
  Damien McDonald resigned as Chief Executive Officer at LivaNova PLC.
  - Action: resigned
  - Role: Chief Executive Officer
  source text: the Company announced that Damien McDonald resigned as Chief Executive Officer of the Company and as a member of the Company’s Board of Directors, effective immediately.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1639691/000163969123000037/0001639691-23-000037-index.htm

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