Orthofix ousts top execs for offensive conduct ; CECO among interim successors | News Brief complianceweek.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from complianceweek.com Daily Mail and Mail on Sunday newspapers.
Shares of Orthofix Medical Inc. plunged 17.1% toward a 10-month low in premarket trading Tuesday, after the spine and orthopedics company said it terminated.
By Will Feuer Shares of Orthofix Medical fell after the spine and orthopedics company said its board has ousted three top executives. The stock slipped.
Shares of Orthofix Medical Inc. (OFIX) tanked nearly 25% on Tuesday morning after the company fired Chief Executive Officer Keith Valentine, Chief Financial Officer John Bostjancic and Chief Legal Officer Patrick Keran for "repeated inappropriate and offensive conduct.