York is losing the C-suite overseeing one of its largest companies.
Dental equipment company Dentsply Sirona is moving its principal executive team and headquarters from downtown York’s Susquehanna Commerce Center to Charlotte, North Carolina, effective immediately, the company announced Thursday.
Officials said the relocation only includes the four people on the company’s executive team. But as part of the transition to Charlotte, CFO Nicholas Alexos will be leaving the company once his replacement is appointed.
The move follows last fall’s announcement that Dentspy had picked Charlotte for its new U.S. commercial hub, where the company centralized its U.S. sales and service staff. It also has a warehouse there and the Dentsply Sirona Academy, a clinical and technical training facility for dental professionals.
Company leadership wanted to be closer to customers using those facilities.
Officials said moving the headquarters will not impact manufacturing operations in York, where Dentsply Sirona has about 900 employees. At the end of 2018, the company employed about 16,400 people worldwide, including about 4,000 in the U.S.
The company will retain office operations at the commerce center on West Philadelphia Street, as well as facilities at 500 W. College Ave. and 1301 Smile Way.
Dentsply Sirona was created in 2015 when York-based Dentsply International Inc. merged with Austria-based Sirona Dental Systems Inc. to form Dentsply Sirona. Dentsply’s roots in York County go back to at least the early 20th century.
The company makes a range of professional dental products and technologies.
The company’s York operations make and distribute artificial teeth, small dental equipment, bone-grafting products and preventive dental products, according to the company. It also has a dental-products distribution facility in Lancaster County.
Dentsply reported net sales of $946.2 million in the first quarter compared with $956.1 million in the same quarter last year. The company’s net income for the first quarter was $39.2 million, down from $81.2 million in the first quarter of 2018.