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Orthofix International names new EVP and CFO

Orthofix International, a global medical device company, has appointed Robert Vaters as its new executive vice president and CFO.

Mr Vaters joins Orthofix after almost four years as a senior executive at Inamed, where he was executive vice president, CFO and head of strategy and corporate development. Since 2006, Mr Vaters has been general partner of a healthcare private equity firm, which he co-founded, and serves on the boards of two healthcare companies.

Tom Hein, who has served as Orthofix’s CFO for more than eight years, will remain with the company as executive vice president of finance.

Alan Milinazzo, Orthofix’s CEO, said: “Bob’s experience in providing financial leadership for global companies and his knowledge of the medical device industry will be valuable assets as we continue to focus on strengthening our legacy businesses while executing the strategy for our emerging spine business.”