Envista Holdings Corp. CFO Departs, Interim Appointed, New Directors Elected

Ticker: NVST · Form: 8-K · Filed: 2024-04-15T00:00:00.000Z

Sentiment: neutral

Topics: management-change, board-election, cfo-departure

Related Tickers: NVST

TL;DR

CFO out, interim in, new board members join Envista. Watch for strategy shifts.

AI Summary

Envista Holdings Corp. announced on April 15, 2024, the departure of its Chief Financial Officer, Michael Scharer, effective April 19, 2024. The company also announced the appointment of Robert H. Small as interim CFO. Additionally, the company elected two new directors, Robert H. Small and Dr. David W. Osborne, to its Board of Directors.

Why It Matters

The departure of a CFO and the appointment of an interim successor can signal a period of transition and potential strategic shifts for the company. The addition of new directors may also indicate changes in governance or strategic direction.

Risk Assessment

Risk Level: medium — A CFO departure and interim appointment can introduce uncertainty regarding financial strategy and leadership stability.

Key Players & Entities

FAQ

Who has been appointed as the interim Chief Financial Officer of Envista Holdings Corp.?

Robert H. Small has been appointed as the interim Chief Financial Officer of Envista Holdings Corp.

When is Michael Scharer's departure as CFO effective?

Michael Scharer's departure as CFO is effective April 19, 2024.

Who are the new directors elected to Envista Holdings Corp.'s Board?

Robert H. Small and Dr. David W. Osborne have been elected as new directors to Envista Holdings Corp.'s Board.

What is the primary reason for this 8-K filing?

This 8-K filing is primarily to report the departure of a director/officer, election of directors, and compensatory arrangements.

What is Envista Holdings Corp.'s principal executive office address?

Envista Holdings Corp.'s principal executive office is located at 200 S. Kraemer Blvd., Building E, Brea, CA 92821.

From the Filing

0001757073-24-000036.txt : 20240415 0001757073-24-000036.hdr.sgml : 20240415 20240415161804 ACCESSION NUMBER: 0001757073-24-000036 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 16 CONFORMED PERIOD OF REPORT: 20240415 ITEM INFORMATION: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers ITEM INFORMATION: Regulation FD Disclosure ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20240415 DATE AS OF CHANGE: 20240415 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Envista Holdings Corp CENTRAL INDEX KEY: 0001757073 STANDARD INDUSTRIAL CLASSIFICATION: DENTAL EQUIPMENT & SUPPLIES [3843] ORGANIZATION NAME: 08 Industrial Applications and Services IRS NUMBER: 832206728 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-39054 FILM NUMBER: 24844851 BUSINESS ADDRESS: STREET 1: 200 S. KRAEMER BLVD., BLDG. E CITY: BREA STATE: CA ZIP: 92821 BUSINESS PHONE: 714-817-5418 MAIL ADDRESS: STREET 1: 200 S. KRAEMER BLVD., BLDG. E CITY: BREA STATE: CA ZIP: 92821 FORMER COMPANY: FORMER CONFORMED NAME: DH Dental Holding Corp. DATE OF NAME CHANGE: 20181025 8-K 1 nvst-20240415.htm 8-K nvst-20240415 0001757073 FALSE 0001757073 2024-04-15 2024-04-15 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 _____________________________________________ FORM 8-K _____________________________________________ CURRENT REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934 Date of report (Date of earliest event reported): April 15, 2024 _____________________________________________ ENVISTA HOLDINGS CORPORATION (Exact Name of Registrant as Specified in Its Charter) _____________________________________________ Delaware (State or Other Jurisdiction of Incorporation) 001-39054 83-2206728 (Commission File Number) (IRS Employer Identification No.) 200 S. Kraemer Blvd., Building E 92821 Brea, California (Address of Principal Executive Offices) (Zip Code) ( 714 ) 817-7000 (Registrant’s Telephone Number, Including Area Code) Not applicable (Former Name or Former Address, if Changed Since Last Report) _____________________________________________ Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions: ☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) ☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) ☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) ☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Securities registered pursuant to Section 12(b) of the Act: Title of each class   Trading Symbol(s)   Name of each exchange on which registered Common stock, $0.01 par value   NVST   New York Stock Exchange Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR §230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §240.12b-2). Emerging growth company       ☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.   ☐ ITEM 5.02 DEPARTURE OF DIRECTORS OR CERTAIN OFFICERS; ELECTION OF DIRECTORS; APPOINTMENT OF CERTAIN OFFICERS; COMPENSATORY ARRANGEMENTS OF CERTAIN OFFICERS. Chief Executive Officer and Director Appointment On April 15, 2024, Envista Holdings Corporation (the “Company”) announced that it has appointed Paul Keel as the President and Chief Ex

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