LIMACORPORATE ANNOUNCES LEADERSHIP TRANSITION AND APPOINTMENT OF INTERIM CEO

Limacorporate S.p.A.

PR95463

 

UDINE, Italy, April 13, 2022, /PRNewswire=KYODO JBN/ -

 

LimaCorporate S.p.A., a leading global orthopedic manufacturer focused on

digital innovation and tailored hardware, today announces that Luigi Ferrari,

Chief Executive Officer of LimaCorporate, will be stepping down from the role

of CEO, to pursue new activities outside of the organization. Mr. Ferrari has

led the organization for almost ten years and brought the company to new

heights, including the opening of the only in-hospital manufacturing facility,

ProMade Point of Care for Complex Joint Reconstruction (ProMade PoC), in

collaboration with the Hospital for Special Surgery in New York City. He will

remain with LimaCorporate as a Senior Advisor to the Advisory Board and to

assist with the transition to new leadership. He will also retain an equity

stake in the company.

 

LimaCorporate Logo

Emmanuel Bonhomme, President Europe, Middle East and Africa at LimaCorporate,

will act as interim CEO, while a selection process to appoint a new leader has

been initiated.

 

Michel Orsinger, Chairperson of the LimaCorporate Advisory Board commented: "On

behalf of the Advisory Board, I would like to thank Luigi for his work and

dedication over these past years. Luigi has contributed substantially to our

growth, overseeing our successful expansion into new international markets and

the launch of many of our industry-leading product innovations, including

establishing unique access to 3D printed custom implants to advance patient

care and developing LimaCorporate's Smart SPACE digital ecosystem. I'm pleased

that he will remain with us as an Advisor as we transition to new leadership

and enter the next phase of our growth."

 

"We believe Emmanuel is the right person to lead this transition phase of the

business. Emmanuel is an accomplished executive who is playing a critical role

in the development of LimaCorporate by leading our largest region and

delivering exceptional results. He knows our company, understands our culture,

and shares our passion for delivering patient-centric care and restoring the

eMotion of motion," commented Michel Orsinger.

 

Luigi Ferrari remarked, "It has been an honor to lead LimaCorporate and work

with a very talented and passionate team of colleagues in which, it has been an

exciting and intense adventure. I was able to share our pioneering vision with

highly professional surgeons every day and counted on the continuous support of

each employee, Management Team, Advisory Board, and Shareholders. Now that we

are entering a new phase for the business where LimaCorporate is very

well-positioned for future growth, with an incredibly rich pipeline of new

products under development and launch, I believe it's the right time for me to

move into a different role. I am committed to supporting Emmanuel to ensure a

successful transition."

 

Emmanuel Bonhomme commented, "I am honored to take on this new leadership role

and grateful to Luigi for his support. I look forward to working closely with

our Advisory Board, strong Management Team, and all of our employees to achieve

our strategic goals. We will continue to focus on our guiding principles to

transform the future of orthopaedics and drive better patient outcomes. I'm

excited about the potential of our business and the positive impact we can have

on patients, healthcare professionals, and our other stakeholders."

 

Emmanuel Bonhomme joined the LimaCorporate Management Team in June 2018. As

President of EMEA, he is responsible for LimaCorporate's largest geographic

market, including full P&L responsibility, sales and investment management, and

development for the region. In this role, he has overseen important development

initiatives to strengthen LimaCorporate's market presence, leading to the

region becoming the best performing area in 2021, with strong double-digit

growth in revenues and profitability even throughout the pandemic. Prior to

LimaCorporate, Emmanuel spent more than 25 years in executive roles at leading

pharmaceutical and medical device companies, including 16 years in the

orthopaedic industry.

 

LimaCorporate is ready to face the new opportunities coming from the market

thanks to its clear strategy based on driving excellence in extremities, being

inspired by knee kinematics, focusing on digital transformation and new

technologies, and investing in a new production building in Italy at the

company's headquarter facility.

 

About LimaCorporate

 

LimaCorporate is a global orthopedic company, focused on digital innovation and

tailored hardware, which advances patient centred care.  Its pioneering

technological solutions are developed to empower surgeons, and to improve

patient outcomes from joint replacement surgery.  Its primary focus is on

providing reconstructive and custom-made orthopedic solutions to surgeons,

enabling them to improve the quality of life of patients by restoring the joy

of movement.

 

Headquartered in Italy, the company operates directly in over 20 countries

around the world. LimaCorporate offers products ranging from large joint

revision and primary implants, to complete extremities solutions, including

fixation.

 

For additional information on the Company, please visit www.limacorporate.com

Limacorporate spa

Via Nazionale, 52

33038 Villanova di San Daniele

Udine – Italy

t: +39 0432 945511

e.: info@limacorporate.com

 

Logo - https://mma.prnewswire.com/media/997351/LimaCorporate_Logo.jpg

 

SOURCE: Limacorporate S.p.A.

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