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With this new appointment, the Avanos board now comprises six directors, five of whom are independent, including two women, one of whom is ethnically diverse. About Avanos Medical, Inc. Avanos Medical, Inc. (NYSE AVNS) i

Key Takeaway: Avanos Medical, Inc. has appointed Dr. Lisa Egbuonu-Davis to its board of directors, expanding its independent membership to five out of six directors. Dr. Egbuonu-Davis brings a strong background in healthcare, having previously held leadership positions at companies like Sanofi and Pfizer. Her addition is seen as valuable for Avanos as it aims to innovate healthcare solutions, particularly in reducing opioid reliance and improving patient outcomes. This move reflects Avanos' commitment to enhancing board diversity and operational expertise.

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POSITIVE FACTORS

  • Appointment of Dr. Lisa Egbuonu-Davis, enhancing board diversity.
  • Her expertise in healthcare and patient outcomes is expected to guide Avanos.
  • Focus on addressing crucial healthcare needs like reducing opioid usage.

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 Dr. Lisa Egbuonu-Davis to Board of Directors
ALPHARETTA, Ga., March 6, 2023 PRNewswire -- Avanos Medical, Inc. (NYSE AVNS) today announced that Dr. Lisa Egbuonu-Davis, MD, currently vice president, medical innovations for DH Diagnostics, LLC, an affiliate of Danaher Corporation, has been appointed as a new independent member of the Avanos board of directors and will serve as a member of the compliance and governance committees.
"We are pleased and excited to welcome Lisa Egbuonu-Davis to the Avanos Board, commented Gary Blackford, Avanos board chair. Her deep strategic and operational expertise in the healthcare sector will be invaluable to Avanos as we continue to develop our business and pursue our mission to get patients back to the things that matter.
"I feel strongly that population health is everyone's responsibility, and Avanos is committed to creating innovative healthcare solutions to address some of today's most important healthcare needs, including reducing the use of opioids," said Egbuonu-Davis. "I am thrilled to join its Board as a new independent director."
From 2015 to 2019, Egbuonu-Davis served as vice president, global patient centered outcomes and solutions at Sanofi, Inc., where she created patient programs, services, and tools to enhance health outcomes in patients with chronic conditions.
Prior to Sanofi, Egbuonu-Davis co-founded and served as director for ROI Squared, LLC, a privately held life science company focused on diagnostic medical devices, and served as managing director for LED Enterprise, LLC, where she advised biopharmaceutical companies and trade associations on healthcare reform, technology assessment, quality metrics and incentives and implications for research and services.
She also served in senior advisor roles for Avalere Health and Booz Allen Hamilton, as well as in various roles over 13 years at Pfizer, Inc., where she led clinical and outcomes research departments, supported product value assessments in support of reimbursement and adoption, and influenced product investment and development decisions.
Egbuonu-Davis earned a bachelor's degree in biology from MIT and an MBA in healthcare management from Wharton, as well as an M.D. and an M.S. in public health from Johns Hopkins. She completed her pediatric residency at Children's Hospital of Philadelphia (board-certified in pediatrics). She has served on the Johns Hopkins Medicine board of trustees since 2021 and the national advisory council for the Johns Hopkins University School of Education since 2007.
With this new appointment, the Avanos board now comprises six directors, five of whom are independent, including two women, one of whom is ethnically diverse.
About Avanos Medical, Inc.
Avanos Medical, Inc. (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, we are 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. We develop, manufacture and market our recognized brands globally and hold leading market positions in multiple categories across our portfolio. For more information, visit Avanos.com and follow Avanos Medical on Twitter ( 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 was recently appointed to the Avanos Board of Directors?

Dr. Lisa Egbuonu-Davis has been appointed as a new independent board member.

What is Dr. Egbuonu-Davis's current position?

She serves as vice president of medical innovations at DH Diagnostics, LLC.

What is Avanos Medical's mission?

Avanos aims to create innovative healthcare solutions to improve patient outcomes.

How many directors are on the Avanos board now?

The Avanos board now consists of six directors, with five being independent.

What educational qualifications does Dr. Egbuonu-Davis have?

She holds degrees from MIT, Wharton, and Johns Hopkins, including an MD.

Last updated: Mar 6, 2023