Envista Holdings Corporation announced that it will begin a search for a successor to longtime CEO and president Amir Aghdaei.

Envista Holdings Corporation announced that it is formally launching a process to determine a successor for chief executive officer Amir Aghdaei.

The Envista board of directors has formed a search committee and retained an executive search firm to find qualified external candidates.The process is expected to be completed this year. Aghdaei will remain president and CEO until his successor is appointed.

“After nearly 10 years leading Danaher’s Dental Platform and the Envista team, it is now time to focus on the next phase of building a world-class dental company. Finding a strong successor will ensure that we continue our journey to digitize, personalize, and democratize the dental industry,” said Aghdaei. “As we go through this process, I remain focused on driving our near-term transformation while ensuring we are positioned to achieve our long-term priorities of accelerating growth, expanding margins, and transforming the portfolio.”

The Envista board has appointed a special steering committee of independent directors to identify CEO candidates and prepare for the transition in leadership. Envista is a global dental products company and the parent organization of Ormco, Dexis, and Kerr.

“Amir has led the company during a pivotal time, including through the spinoff from Danaher and the challenges of the global pandemic. We are grateful for the many contributions he has made over the past 10 years,” said Scott Huennekens, board chair. “He was instrumental in the founding of Envista and has provided a platform for long-term value creation for our customers, employees, and shareholders. We share this announcement to ensure a smooth and orderly succession process as we identify the best possible leader for the future.”

Photo via Envista Holdings Corporation