Avanos Names Pickett Interim CFO as Greiner Departs

Dow Jones

04-19

By Connor Hart

Avanos Medical appointed Jason Pickett as its interim chief financial officer.

The medical-device maker said that Pickett, 53, has more than 30 years of public accounting and public company experience, according to a filing with the Securities and Exchange Commission on Friday. He joined Avanos in 2014 and most recently served as its vice president of tax and treasurer.

At the same time, Avanos said that Michael Greiner will leave the company to pursue other opportunities, "because the company did not offer him a position comparable to the one he held prior to his role as" interim CEO.

Avanos named David Pacitti as its next chief executive last month.

Greiner, who most recently served as chief transformation officer and chief financial officer, will receive a $2.1 million severance payment. Avanos will additionally pay Greiner a prorated bonus for 2025.

He will remain with the company in a consulting capacity until May 16, for which he will receive a $50,000 payout.

Write to Connor Hart at connor.hart@wsj.com

(END) Dow Jones Newswires

April 18, 2025 16:55 ET (20:55 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.

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He joined Avanos in 2014 and most recently served as its vice president of tax and treasurer. \n</p>\n<p>\n  At the same time, Avanos said that Michael Greiner will leave the company to pursue other opportunities, \"because the company did not offer him a position comparable to the one he held prior to his role as\" interim CEO. \n</p>\n<p>\n  Avanos named David Pacitti as its next chief executive last month. \n</p>\n<p>\n  Greiner, who most recently served as chief transformation officer and chief financial officer, will receive a $2.1 million severance payment. Avanos will additionally pay Greiner a prorated bonus for 2025. \n</p>\n<p>\n  He will remain with the company in a consulting capacity until May 16, for which he will receive a $50,000 payout. \n</p>\n<p>\n  Write to Connor Hart at connor.hart@wsj.com \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  April 18, 2025 16:55 ET (20:55 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":null,"symbol_name":null,"start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2528711011","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2528711011","pubTimestamp":1745009700,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"Avanos Medical appointed Jason Pickett as its interim chief financial officer.The medical-device maker said that Pickett, 53, has more than 30 years of public accounting and public company experience, according to a filing with the Securities and Exchange Commission on Friday. He joined Avanos in 2014 and most recently served as its vice president of tax and treasurer.At the same time, Avanos said that Michael Greiner will leave the company to pursue other opportunities, \"because the company did not offer him a position comparable to the one he held prior to his role as\" interim CEO.Avanos named David Pacitti as its next chief executive last month.Greiner, who most recently served as chief transformation officer and chief financial officer, will receive a $2.1 million severance payment. Avanos will additionally pay Greiner a prorated bonus for 2025.He will remain with the company in a consulting capacity until May 16, for which he will receive a $50,000 payout.","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{},"translate_title":"格雷纳离职后，Avanos任命Pickett为临时首席财务官","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"AVNS":0.9},"content_text":"By Connor Hart \n\n\n  Avanos Medical appointed Jason Pickett as its interim chief financial officer. \n\n\n  The medical-device maker said that Pickett, 53, has more than 30 years of public accounting and public company experience, according to a filing with the Securities and Exchange Commission on Friday. He joined Avanos in 2014 and most recently served as its vice president of tax and treasurer. \n\n\n  At the same time, Avanos said that Michael Greiner will leave the company to pursue other opportunities, \"because the company did not offer him a position comparable to the one he held prior to his role as\" interim CEO. \n\n\n  Avanos named David Pacitti as its next chief executive last month. \n\n\n  Greiner, who most recently served as chief transformation officer and chief financial officer, will receive a $2.1 million severance payment. Avanos will additionally pay Greiner a prorated bonus for 2025. \n\n\n  He will remain with the company in a consulting capacity until May 16, for which he will receive a $50,000 payout. \n\n\n  Write to Connor Hart at connor.hart@wsj.com \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  April 18, 2025 16:55 ET (20:55 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"executive","news_rank":0,"symbols":[],"gpt_button":0,"code":"91000000","status":"200"}}}