Zimmer Biomet spinoff to be called ZimVie

2021 02 05 18 04 5478 Graph Financial Results Skyscraper 400

Zimmer Biomet announced that its spinoff spine and dental businesses will be named ZimVie.

In February 2021, Zimmer Biomet said it was forming a new independent, publicly traded company. At the time of the announcement, Zimmer Biomet reported the new company name as NewCo. The transaction is expected to close in mid-2022.

Additionally, Richard Heppenstall was named executive vice president and chief financial officer. He is the former chief financial officer of Breg, a manufacturer of orthopedic braces and other medical equipment. Indraneel Kanaglekar was named senior vice president of global dental.

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