Globus Medical Appoints Daniel Scavilla As Senior Vice President And CFO

AUDUBON, Pa.--(BUSINESS WIRE)--Globus Medical, Inc. (NYSE:GMED), a leading musculoskeletal implant manufacturer, today announced it appointed Daniel T. Scavilla as its Senior Vice President and Chief Financial Officer effective May 4, 2015.

“With Dan’s long tenured, successful record of improving and leading large healthcare businesses, both domestically and internationally, he will be a valuable addition to our executive management team and will help support our growth as Globus becomes a larger player in the musculoskeletal market.”

Mr. Scavilla joins Globus after a 28-year career with Johnson & Johnson (JNJ), in which he held a wide variety of financial management positions with increasing responsibility. For the last three years he was CFO, Global Vice President Finance & Business Operations at JNJ’s multi-billion dollar Vision Care Division. Prior to that Dan spent 5 years as CFO and Worldwide Vice President Finance of the Advanced Sterilization Products branch of JNJ. Dan held positions of increasing responsibility in finance at several JNJ divisions including McNeil Consumer Healthcare and Centocor Biologics. Dan’s career at JNJ also included positions encompassing a wide variety of operational responsibilities, including finance, operations and IT, both in the U.S. and abroad. Mr. Scavilla received a B.S. in Finance from LaSalle University, and holds an MBA in International Management from Temple University.

“We are delighted to have Dan join our senior team. He’s an accomplished executive with strong track record of streamlining operations, delivering increased profitability, and driving global sales growth”, stated David Paul, Chairman and CEO. “With Dan’s long tenured, successful record of improving and leading large healthcare businesses, both domestically and internationally, he will be a valuable addition to our executive management team and will help support our growth as Globus becomes a larger player in the musculoskeletal market.”

About Globus Medical, Inc.

Globus Medical, Inc. is a leading musculoskeletal implant company based in Audubon, PA. The company was founded in 2003 by an experienced team of professionals with a shared vision to create products that enable surgeons to promote healing in patients with musculoskeletal disorders. Additional information can be accessed at www.globusmedical.com.

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