Dentsply Sirona names new CEO
York-based Dentsply Sirona Inc. named Donald M. Casey Jr. its new CEO after an autumn of executive turmoil.
Casey will be replacing interim CEO Mark Thierer, who took the position in September after the dental supply company sustained a trio of resignations from CEO and director Jeffrey T. Slovin, COO Christopher T. Clark, and executive chairman Bret W. Wise.
Thierer will continue temporarily as CEO to facilitate a transition to Casey, who is scheduled take the position in February.
In a unanimous decision, Dentsply Sirona’s board found Casey "has the right mix of skills, experience and talent to lead Dentsply Sirona to achieve its full potential," according to a statement by non-executive Chairman of the Board Eric K. Brandt.
Casey most recently served as CEO of the medical segment of Cardinal Health. Casey started with the Ohio-based firm in 2012, where he oversaw the company’s $9 billion medical supply and services operations.
Casey’s resume also includes a stint as CEO of Gary and Mary West Health Institute, a nonprofit medical research firm, and as an executive at Johnson & Johnson, where the University of Notre Dame graduate began his career in 1985.
The loss in September of Dentsply Sirona's three top executives followed a $1 billion loss in the second quarter of 2017 and reports the company was cooperating with an SEC investigation into the company’s accounting practices.
Casey will be joining two new members of Dentsply's board. Expanding from nine members to 12, the board of directors also added Betsy Holden and Leslie Varon.
Holden is a senior adviser at consulting firm McKinsey & Company and a former co-CEO of Kraft Foods. Varon is a former CFO of Xerox Corp.
Dentsply Sirona is based in York but is an international, publicly-traded company. The firm employs 15,700 people but 11,900 of them are outside of the U.S. according to the company’s 2016 annual report.