Dave Demski appointed to Board of Administrators
Keith Valentine appointed Particular Advisor to Board of Administrators
CARLSBAD, Calif., October 17, 2023–(BUSINESS WIRE)–Alphatec Holdings, Inc. (Nasdaq: ATEC), a supplier of progressive options devoted to revolutionizing the strategy to spine surgical procedure, introduced immediately that Dave Demski, former director and Chief Government Officer of Globus Medical, has been appointed as an unbiased director to the Board. The Firm additionally introduced that Keith Valentine, former Chief Government Officer of Orthofix, has been appointed Particular Advisor to the Board.
With over 20 years of expertise in spine, Demski served most not too long ago on the Globus Medical Board of Administrators from 2003 to 2022. He served as Globus Medical’s Chief Government Officer from 2017 to 2022, and as President from 2019 to 2022, following roles that included Chief Monetary Officer and President, Rising Applied sciences.
Valentine boasts over 30 years of expertise in spine. Following its merger with SeaSpine in 2023, he was appointed President and Chief Government Officer of Orthofix, a place he held till not too long ago. Previous to the merger, Valentine served as Chief Government Officer and President of SeaSpine starting in 2015. Previous to becoming a member of SeaSpine, Keith served as NuVasive’s President and Chief Working Officer following roles as President and in numerous senior govt capacities of accelerating accountability in advertising and marketing, improvement and operations.
“A defining aspect of the ATEC turnaround has been our willingness to behave boldly when a door of alternative opens,” mentioned Pat Miles, Chairman and CEO. “Whereas conglomerateurs and capitulants proceed to kind awkward alliances, ATEC has emerged as essentially the most clinically centered spine-only firm. Our success is because of our relentless pursuit to enhance spine care, and certainty that individuals and know-how will at all times differentiate ATEC. Dave and Keith deliver with them a mixed 50 years’ expertise main a few of spine’s most profitable organizations. I admired Dave’s accomplishments from a distance as he ran Globus over time. As I’ve come to know him higher, I’ve no query that the addition of his affect will make us a greater firm.”
“I wish to deal with one matter, clearly and instantly,” added Miles. “We’re conscious of the latest detrimental commentary directed at Keith by his former employer. Years in the past, I too was the goal of a really public assault. Throughout that point, I used to be blessed to be supported by associates who knew me greatest, and who rejected the accusations of strangers. I’ve identified Keith for 30 years — I do know his imperfections, however I additionally know his coronary heart. He’s beloved by many in our business and his affect on spine care over time is plain. Keith has made it clear he is able to dedicate his appreciable power to creating ATEC higher, and I’m thrilled to have him be part of our effort.”
ATEC, by means of its wholly owned subsidiaries, Alphatec Backbone, Inc., EOS imaging S.A.S. and SafeOp Surgical, Inc., is a medical machine firm devoted to revolutionizing the strategy to spine surgical procedure by means of scientific distinction. ATEC’s Natural Innovation MachineTM is targeted on growing new approaches that combine seamlessly with the Firm’s increasing AlphaInformatiX Platform to raised inform surgical procedure and extra safely and reproducibly obtain the targets of spine surgical procedure. ATEC’s imaginative and prescient is to be the Customary Bearer in Backbone. For extra data, go to us at www.atecspine.com.
Ahead Trying Statements
This press launch comprises “forward-looking statements” inside the which means of the Non-public Securities Litigation Reform Act of 1995. Such statements are based mostly on administration’s present expectations and are topic to quite a few dangers and uncertainties. A listing and outline of such dangers and uncertainties could be discovered within the Firm’s most up-to-date annual report, and any subsequent quarterly and present reviews, filed with the Securities and Trade Fee. ATEC disclaims any intention or obligation to replace or revise any forward-looking statements.
Tina Jacobsen, CFA
J. Todd Koning
Chief Monetary Officer
Alphatec Holdings, Inc.