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AVNS Positive Sentiment Score: 75/100

For further information Investor Contact Michael Greiner, Avanos Medical, Inc., Investor.Relations Avanos.com Media Contact Katrine Kubis, Avanos Medical, Inc., CorporateCommunications Avanos.com

Key Takeaway: Avanos Medical, Inc. has appointed Sigfrido (Sig) Delgado as the new senior vice president of integrated supply chain. In his role, Delgado will concentrate on enhancing the company's supply chain capabilities globally. With over 20 years of experience in manufacturing and supply chain within the medical device sector, he is expected to be instrumental in driving Avanos' transformation efforts. His educational background includes degrees from MIT and Florida International University, along with certifications in Six Sigma.

Market Sentiment Analysis

POSITIVE FACTORS

  • Appointment of Sig Delgado indicates a strategic move towards enhancing supply chain capabilities.
  • Delgado's extensive experience in the medical device industry is a strong asset.
  • Avanos is focusing on continuous improvements in its operational processes.

Full Press Release Details

Investor Contact Michael Greiner
Avanos Medical, Inc.
Investor.Relations avanos.com
Media Contact Katrine Kubis
Avanos Medical, Inc.
CorporateCommunications avanos.com
Avanos Medical, Inc. Appoints Sig Delgado as Senior Vice President, Integrated Supply Chain
ALPHARETTA, Ga., May 13, 2024 PRNewswire -- Avanos Medical, Inc. (NYSE AVNS) today announced that Sigfrido (Sig) Delgado has been appointed senior vice president, integrated supply chain. In this role, Delgado will lead the teams focused on implementing continuous improvements within the Company's end-to-end supply chain capabilities worldwide.
Delgado joins Avanos from Jabil Healthcare, the industry's largest global provider of healthcare manufacturing solutions, where he most recently served as vice president of its global medical technology business. His background includes more than 20 years in manufacturing, supply chain and operations within the medical device industry, including engineering and leadership roles at J J, Ethicon and Cordis Corp.
"Executing on a robust sales, inventory and operations planning strategy is a key part of Avanos' transformation process," stated Joe Woody, chief executive officer. "Sig's deep experience within the medical device industry will be critical to helping us achieve our goals and continue building upon the strong foundation we've established in this area."
Delgado earned a bachelor's degree in mechanical engineering from Massachusetts Institute of Technology and a master's degree in engineering management from Florida International University. He is a certified Six Sigma Black Belt and is fluent in Spanish.
About Avanos Medical, Inc.
Avanos Medical (NYSE AVNS) is a medical technology company focused on delivering clinically superior medical device solutions that will help patients get back to the things that matter. Headquartered in Alpharetta, Georgia, Avanos is committed to addressing some of today's most important healthcare needs, including providing a vital lifeline for nutrition to patients from hospital to home, and reducing the use of opioids while helping patients move from surgery to recovery. Avanos develops, manufactures and markets its recognized brands globally and holds leading market positions in multiple product categories. For more information, visit www.avanos.com and follow Avanos Medical on X ( AvanosMedical), LinkedIn and Facebook.
SOURCE Avanos Medical, Inc.
For further information Investor Contact Michael Greiner, Avanos Medical, Inc., Investor.Relations Avanos.com Media Contact Katrine Kubis, Avanos Medical, Inc., CorporateCommunications Avanos.com

Frequently Asked Questions

Who has been appointed as AVNS's new senior vice president?

Sig Delgado has been named senior vice president of integrated supply chain.

What is Sig Delgado's previous role?

He was vice president of global medical technology at Jabil Healthcare.

What key strategy is important for Avanos' transformation?

Executing a robust sales, inventory, and operations planning strategy.

Where is Avanos Medical, Inc. headquartered?

Avanos Medical is headquartered in Alpharetta, Georgia.

What does Avanos focus on in healthcare?

Avanos focuses on delivering superior medical device solutions and reducing opioid use.

Last updated: May 13, 2024