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: CONMED Corporation Todd W. Garner Chief Financial Officer 727-214-2975 ToddGarner@conmed.com CONMED Corporation Adds Mark Kaye to its Board of Directors Largo, Fla.

Key Takeaway: CONMED Corporation has announced the appointment of Mark Kaye to its Board of Directors, effective February 24th, 2025. Kaye brings significant expertise in finance, accounting, risk management, and corporate governance, which the board believes will enhance the company’s strategic direction. With a background as CFO at Elevance Health and Moody’s Corporation, Kaye is expected to contribute valuable insights that will benefit CONMED's growth opportunities.

Market Sentiment Analysis

POSITIVE FACTORS

  • Mark Kaye brings extensive experience in finance and healthcare governance.
  • The board believes Kaye's insights will guide CONMED's future direction.
  • Management expresses excitement about growth opportunities with Kaye onboard.

Full Press Release Details

NEWS RELEASE
CONTACT :
CONMED Corporation
Todd W. Garner
Chief Financial Officer
727-214-2975
ToddGarner@conmed.com
CONMED Corporation Adds Mark Kaye
to its Board of Directors
Largo, Fla. - February 25, 2025
- CONMED Corporation (NYSE: CNMD) today announced that Mark Kaye will be joining its Board
of Directors effective February 24th, 2025.
"My fellow directors and I are
extremely pleased to welcome Mark to the board," said Martha Goldberg Aronson, Chair of CONMED's Board of Directors. "Mark
brings a wealth of experience to CONMED, including deep knowledge across finance, accounting, risk management, strategic planning, and
operational efficiencies. He also brings a strong background and expertise in both corporate governance and healthcare. Mark's skills
and insights will help guide CONMED's future direction."
"Mark is an outstanding addition
to our board," said Patrick Beyer, President and Chief Executive Officer of CONMED. "We are excited to benefit from
his valuable healthcare and financial expertise as we continue to execute on our many growth opportunities, which will benefit our customers,
shareholders, and employees."
Mr. Kaye has served as the Executive
Vice President and Chief Financial Officer of Elevance Health (Elevance) since 2023. Prior to joining Elevance, he served as the Executive
Vice President and Chief Financial Officer of Moody's Corporation (Moody's) from 2021 to 2023, with responsibility for all
global finance activities across the company and as Senior Vice President-Chief Financial Officer from 2018 to 2021. Prior to Moody's,
he served as Senior Vice President and Head of Financial Planning and Analysis at Massachusetts Mutual Life Insurance Company (MassMutual)
from 2016 until 2018, and Chief Financial Officer of MassMutual U.S. since 2015.
Prior to MassMutual, Mr. Kaye served
as Chief Financial Officer and Senior Vice President, Retirement Solutions, at Voya Financial (formerly ING U.S.) from 2011 to 2015, and
Mr. Kaye previously held various senior financial and risk reporting positions at ING U.S. and ING Group. Prior to that, Mr. Kaye worked
in the investment banking division of Credit Suisse First Boston. Mr. Kaye has served as a Director on the Board of BCS Financial Corporation
since 2024. Mr. Kaye holds a bachelor's degree in Actuarial Science and Statistics from the University of Pennsylvania and a Masters
of Business Administration in Finance from The Wharton School at the University of Pennsylvania.
About CONMED Corporation
technology company that provides devices and equipment for surgical procedures. The Company's products are used by surgeons and
other healthcare professionals in a variety of specialties including orthopedics, general surgery, gynecology, thoracic surgery, and gastroenterology.
For more information, visit www.conmed.com.
may contain forward-looking statements based on certain assumptions and contingencies that involve risks and uncertainties, which could
cause actual results, performance, or trends to differ materially from those expressed in the forward-looking statements herein or in
previous disclosures. For example, in addition to general industry and economic conditions, factors that could cause actual results to
differ materially from those in the forward-looking statements may include, but are not limited to the risk factors discussed in the Company's
Annual Report on Form 10-K for the full year ended December 31, 2024 and other risks and uncertainties, which may be detailed from time
to time in reports filed by CONMED with the SEC. Any and all forward-looking statements are made pursuant to the safe harbor provisions
of the Private Securities Litigation Reform Act of 1995 and relate to the Company's performance on a going-forward basis. The Company
believes that all forward-looking statements made by it have a reasonable basis, but there can be no assurance that management's
expectations, beliefs or projections as expressed in the forward-looking statements will actually occur or prove to be correct.

Frequently Asked Questions

Who is the new member of CONMED's Board of Directors?

Mark Kaye has joined CONMED's Board of Directors effective February 24, 2025.

What experience does Mark Kaye bring to CONMED?

Mark Kaye brings extensive expertise in finance, accounting, risk management, and healthcare.

What positions did Mark Kaye hold before joining CONMED?

He was CFO at Elevance Health and Moody's Corporation, among other roles.

What is CONMED Corporation known for?

CONMED Corporation provides devices and equipment for various surgical procedures.

Who commented on Mark Kaye's addition to the board?

Martha Goldberg Aronson, Chair of the Board, and Patrick Beyer, CEO, commented positively.

Last updated: Feb 25, 2025