October 19, 2017 4:35 AM ET

Healthcare Equipment and Supplies

Company Overview of Globus Medical, Inc.

Company Overview

Globus Medical, Inc., a medical device company, focuses on the design, development, and commercialization of musculoskeletal implants that promote healing in patients with spine disorders. The company offers products that address an array of spinal pathologies, anatomies, and surgical approaches. It provides fusion products that are used in cervical, thoracolumbar, sacral, and interbody/corpectomy fusion procedures to treat degenerative, deformity, tumor, and trauma conditions. The company also offers various disruptive technology products that provide material improvements to fusion procedures, such as minimally invasive surgical techniques, as well as new treatment alternatives, which incl...

2560 General Armistead Avenue

Audubon, PA 19403

United States

Founded in 2003

1,400 Employees

Phone:

610-930-1800

Key Executives for Globus Medical, Inc.

CEO, Group President of Emerging Technologies & Director
Age: 59
Total Annual Compensation: $358.3K
President and Corporate Secretary
Age: 46
Total Annual Compensation: $360.0K
Co-Founder & Executive Chairman
Age: 50
Total Annual Compensation: $430.0K
CFO & Senior VP
Age: 52
Total Annual Compensation: $334.8K
Group President of Commercial Operations
Age: 52
Total Annual Compensation: $364.0K
Compensation as of Fiscal Year 2016.

Globus Medical, Inc. Key Developments

Globus Medical, Inc. Presents at Morgan Stanley 15th Annual Global Healthcare Conference, Sep-12-2017 12:20 PM

Globus Medical, Inc. Presents at Morgan Stanley 15th Annual Global Healthcare Conference, Sep-12-2017 12:20 PM. Venue: Grand Hyatt New York, 109 E. 42nd Street, New York, New York, United States. Speakers: Daniel T. Scavilla, CFO & Senior VP.

Globus Medical, Inc. - Special Call

To discuss the appointment of David M. Demski as CEO

Globus Medical, Inc. Appoints David M. Demski as Chief Executive Officer

Globus Medical, Inc. appointed David M. Demski as the Chief Executive Officer, effective immediately.  Mr. Demski will report to David C. Paul, the company’s founder, Chairman of the Board, and Chief Executive Officer since its inception in 2003.  Mr. Paul will remain in the role of Executive Chairman. Mr. Demski has been a Globus Medical senior executive since 2003, serving initially as Chief Financial Officer from 2003 until 2008.  In 2008, he became President and Chief Operating Officer of the company, responsible for all of its domestic and international commercial operations, including sales, marketing, manufacturing, and finance. Mr. Paul will continue to focus on strategic initiatives and will spend less time on day-to-day operational matters.  The company reported that the timing of these management changes was designed to allow Mr. Paul to recover from a health condition. Mr. Paul is expected to make a full recovery over the next several months and plans to remain actively involved with the Company both during his recovery and thereafter.

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