LEWISVILLE, Texas--(BUSINESS WIRE)--
Orthofix International N.V. (NASDAQ:OFIX), a diversified, global medical
device company, announced today that Michael E. Paolucci has been named
to its Board of Directors and appointed to the Compensation Committee. A
seasoned Human Resource (HR) executive, Paolucci has more than 20 years
of global experience working directly with Boards of Directors and
C-level executives to improve organizational capabilities and HR
programs that result in sustained improvements in business performance.
"A veteran HR executive, Mike is known for developing human capital
strategies that support sustaining shareholder value," said Ron
Matricaria, Chairman of the Board. "We are pleased he is joining the
Orthofix Board of Directors and feel his contributions will be very
beneficial to the Company as we continue to grow and evolve our global
Paolucci currently serves as the head of Alliances and Human Capital for
Halozyme Therapeutics Inc., a late stage oncology and biopharmaceutical
company on the forefront of cancer research. He joined them in July 2015
and is responsible for managing the Company's Alliance relationships
with large pharmaceutical partners as well as its human resource
strategies, programs, and policies.
Prior to Halozyme, Paolucci served as Executive Vice President and Chief
Human Resource Officer for CareFusion, where he drove the company-wide
human resource strategy and developed realignment programs that resulted
in sustained improvements in business performance. Paolucci left
CareFusion following it being acquired by Becton Dickinson in March 2015.
Before CareFusion, he served as Executive Vice President of Human
Resources at NuVasive, and also spent five years at Life Technologies
where he was responsible for global compensation, benefits and Human
Capital Management systems until the company was acquired by
Thermo-Fisher in February 2014. He was also head of Human Resources for
the services division of Hewlett Packard and served in several
leadership roles with EDS, which was acquired by Hewlett Packard. Prior
to HP/EDS, he was a partner with the HR consulting firm Towers Perrin.
Paolucci is a graduate of Ohio State University.
Orthofix International N.V. is a diversified, global medical device
company focused on improving patients' lives by providing superior
reconstructive and regenerative orthopedic and spine solutions to
physicians worldwide. Headquartered in Lewisville, Texas, the Company
has four strategic business units that include BioStim, Biologics,
Extremity Fixation and Spine Fixation. Orthofix products are widely
distributed via the Company's sales representatives, distributors and
its subsidiaries. In addition, Orthofix is collaborating on research and
development activities with leading clinical organizations such as the
Musculoskeletal Transplant Foundation and the Texas Scottish Rite
Hospital for Children. For more information, please visit www.orthofix.com.
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Orthofix International N.V.
Denise Landry, 214-937-2529
Source: Orthofix International N.V.
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