WAYNE, Pa.--(BUSINESS WIRE)--Feb. 23, 2017--
Teleflex Incorporated (NYSE: TFX), a leading global provider of medical
technologies for critical care and surgery, announced today that Benson
Smith will retire from his position as Chief Executive Officer,
effective on December 31, 2017. Mr. Smith, a Teleflex Board member since
2005, will continue to serve as Teleflex’s Chairman of the Board. He has
been nominated by Teleflex’s Board of Directors to serve for another
three year term if elected by Teleflex’s stockholders at the 2017 annual
meeting to be held in May, 2017.
“I want to thank the Board of Directors, along with all of our employees
and shareholders, for the opportunity to serve on the executive
management team at Teleflex,” said Mr. Smith. “When I began my tenure as
CEO in 2011, Teleflex was completing its transition from a diversified
industrial company, and I’m proud that in less than a decade we have
been able to successfully grow into our current position as a leading
global provider of medical devices. I have tremendous confidence in my
colleague, Liam Kelly, and the talented executives that we have been
able to attract and develop at Teleflex, and I look forward to
Teleflex’s continued success under Liam’s leadership and strategic
guidance.”
Liam Kelly, who currently serves as Teleflex’s President and Chief
Operating Officer, has been named by the Teleflex Board of Directors to
succeed Mr. Smith as Chief Executive Officer following Mr. Smith’s
retirement.
“I’m grateful to Benson for his years of leadership as CEO, under which
Teleflex has continuously expanded and improved its capabilities as a
diversified, global provider of medical technologies, and I’m excited by
the prospect of leading Teleflex through the Company’s next stage of
growth and development,” said Mr. Kelly.
ABOUT TELEFLEX INCORPORATED
Teleflex is a global provider of medical technologies designed to
improve the health and quality of people’s lives. We apply purpose
driven innovation - a relentless pursuit of identifying unmet clinical
needs - to benefit patients and healthcare providers. Our portfolio is
diverse, with solutions in the fields of vascular and interventional
access, surgical, anesthesia, cardiac care, urology, emergency medicine
and respiratory care. Teleflex employees worldwide are united in the
understanding that what we do every day makes a difference. For more
information, please visit teleflex.com.
Teleflex is the home of Arrow®, Deknatel®, Hudson
RCI®, LMA®, Pilling®, Rusch®
and Weck® - trusted brands united by a common sense of
purpose.
CAUTION CONCERNING FORWARD-LOOKING INFORMATION
This press release contains forward-looking statements, including, but
not limited to, statements related to the occurrence of, and
arrangements related to, Mr. Smith’s retirement as, and Mr. Kelly’s
designation as, Teleflex’s Chief Executive Officer.. Actual results
could differ materially from those in the forward-looking statements due
to, among other things, the stockholder vote at Teleflex’s 2017 annual
meeting and other factors described or incorporated in our filings with
the Securities and Exchange Commission (“SEC”), including our Annual
Report on Form 10-K for the year ended December 31, 2015.
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Source: Teleflex Incorporated
Teleflex Incorporated
Jake Elguicze
Treasurer and Vice
President of Investor Relations
610-948-2836