DURHAM, N.C.--()--Bioventus, a leader in active orthopaedic healing, today announced the appointment of David Price as its new chief financial officer. Price, who joins the company today, will be located in Bioventus’ corporate headquarters in Durham.
“David has a proven track record as a CFO in the finance and healthcare sectors, where he has significantly improved financial operations and positioned companies for long-term success”
“David has a proven track record as a CFO in the finance and healthcare sectors, where he has significantly improved financial operations and positioned companies for long-term success,” said Mark Augusti, chief executive officer of Bioventus. “We’re confident in David, and know that his leadership on our executive team will help propel us forward.”
Price, 50, comes to Bioventus from EDGAR Online Inc. – a financial data, technology and business process outsourcing (BPO) company – where he served as CFO, chief operating officer and corporate treasurer. During his two years with the company, Price managed a team of more than 300 with responsibilities that included all financial strategy and reporting, investor relations, corporate development, human resources and BPO operations.
Prior to joining EDGAR Online, Price served as CFO and executive vice president of finance, corporate treasurer for Cornerstone Therapeutics, Inc., a Cary, N.C.-based, $120+ million publicly traded specialty pharmaceutical company. While at Cornerstone, he was named Ernst & Young CFO of the Year (2009) for small public companies.
Price had previously served as managing director in the healthcare sector at two investment banking firms – Jefferies & Company in New York, and Bear Stearns & Co. in London and New York – and worked at PricewaterhouseCoopers Consulting, Arthur Andersen and Lex Service PLC. He holds an honors degree in accounting and financial management from Lancaster University in the UK and is a member of the Institute of Chartered Accountants in England and Wales.
Bioventus is a biologics company that delivers clinically proven, cost-effective products that help people heal quickly and safely. The company’s innovative products include market-leading devices, therapies and diagnostics that make it a global leader of active orthopaedic healing. Built on a commitment to high quality standards, evidence-based medicine, and strong ethical behavior, Bioventus is a trusted partner for physicians worldwide.