Sirona (NASDAQ: SIRO), the dental technology leader, today announced that its board of directors has unanimously approved a succession plan for the Chief Financial Officer of the company. Ulrich Michel will join Sirona as Chief Financial Officer and Executive Vice President effective October 14, 2013 and will succeed Simone Blank, who will step down as CFO, Executive Vice President and Board member. Ms. Blank will assist to ensure a seamless transition.
August 6, 2013
by Oral Health
“We are very excited to welcome Ulrich Michel to Sirona. His global experience, management capabilities and proven track record as CFO of a U.S. public company makes him the ideal candidate to succeed Simone Blank. He shares our commitment to the importance of innovation, excellence in execution and a best-in-class global sales and service infrastructure. His hiring is part of Sirona’s succession plan and we expect him to be instrumental in guiding Sirona through its next phase of growth”, commented Jeffrey T. Slovin, President and CEO of Sirona. Ulrich Michel, will become the new CFO and Executive Vice President and will oversee and direct all aspects of the financial management of Sirona, which was spun-off from the Siemens Medical Technology Division in 1997. Since 2006, Sirona has been listed on the US NASDAQ stock exchange. The innovation leader develops, produces, and markets a full range of advanced treatment centers, imaging systems, instruments, hygiene systems, and dental CAD/CAM systems. Sirona draws upon global expertise from nearly 3,000 employees located around the world. The products are widely used by dental practices, clinics, and laboratories in more than 135 countries and for more than 130 years.
Jeffrey Slovin continued: “Simone has played an important role in developing Sirona into a global organization and increasing shareholder value. I’ve worked side by side with her for eight years so it is no surprise to me that she leaves us in the strongest financial position in our Company’s history. We will build on that foundation to take Sirona to the next level.”
From one global leader to another
Ulrich Michel, 50, brings 25 years of financial experience to Sirona. Most recently, he spent over eight years as the Chief Financial Officer of WABCO, a New York Stock Exchange listed company
Farewell to Simone Blank
Simone Blank (50) is leaving Sirona after 15 successful years to take a new opportunity. Jeffrey T. Slovin thanks her for her commitment: “On behalf of Sirona, I want to sincerely thank Simone for 15 years of dedicated service and sound financial stewardship. We wish her our very best and much happiness as she enters this next, well-deserved phase of her life.”