{"id":925218,"date":"2026-01-08T06:35:30","date_gmt":"2026-01-08T11:35:30","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/teleflex-announces-leadership-transition\/"},"modified":"2026-01-08T06:35:30","modified_gmt":"2026-01-08T11:35:30","slug":"teleflex-announces-leadership-transition","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/teleflex-announces-leadership-transition\/","title":{"rendered":"Teleflex Announces Leadership Transition"},"content":{"rendered":"<div class=\"mw_release\">\n<p align=\"center\">\n        <em>Stuart Randle Appointed Interim President and CEO<\/em>\n      <\/p>\n<p align=\"center\">\n        <em>Board Initiates Search for Permanent CEO<\/em>\n      <\/p>\n<p align=\"center\">\n        <em>Dr. Stephen Klasko Appointed Chairman of the Board<\/em>\n      <\/p>\n<p align=\"center\">\n        <em>Company Provides Update on Preliminary Full Year 2025 Revenue Results<\/em>\n      <\/p>\n<p>WAYNE, Pa., Jan.  08, 2026  (GLOBE NEWSWIRE) &#8212; Teleflex Incorporated (NYSE: TFX) today announced that Stuart Randle, a member of the Company\u2019s Board of Directors, has been appointed Interim President and Chief Executive Officer, effective immediately. Mr. Randle succeeds Liam Kelly, who departs as Chairman, President and CEO of the Company. Dr. Stephen Klasko, the Company\u2019s Lead Director, has been named Chairman of the Board.<\/p>\n<p>The Board has engaged Spencer Stuart, a leading executive search firm, to assist in a comprehensive search process to identify a permanent CEO.<\/p>\n<p>\u201cWith the announced sale of our Acute Care, Interventional Urology and OEM businesses, Teleflex is entering its next phase as a more focused, higher-growth organization, as well as executing on the announced transactions and focusing on core critical care and high-acuity hospital markets,\u201d said Dr. Klasko. \u201cThe Board determined this is the right time to transition leadership and best position the Company for the future. Stuart brings over 35 years of deep medical device leadership and long-standing familiarity with Teleflex as a Board member, and we are confident he will lead effectively during this period.\u201d<\/p>\n<p>\u201cI\u2019m pleased to serve as Teleflex\u2019s Interim CEO and work alongside the talented leadership team, as well as Steve and the Board, to advance our transformation, drive growth and create value for our stakeholders,\u201d said Mr. Randle. \u201cI\u2019m encouraged by the progress we\u2019ve made, including the recently announced transactions, and see great potential ahead. Our leadership team remains focused on execution and continuity, and I look forward to leading Teleflex during this time of transition.\u201d<\/p>\n<p>Dr. Klasko continued, \u201cOn behalf of the entire Board, I want to thank Liam for his many contributions to Teleflex over the past 16 years. He has been an important force in driving growth internationally and fostering a purpose-driven company culture focused on excellence, innovation and transparency. We wish him all the best.\u201d<\/p>\n<p>\n        <strong>Update on Preliminary Full Year 2025 Revenue Results<\/strong>\n      <\/p>\n<p>Based on information available as of the date of this release, the Company currently expects revenue for the full year 2025 to be $3.270 billion to $3.278 billion as compared to previous guidance of $3.305 billion to $3.320 billion.<\/p>\n<p>The Company noted that the reduction in revenue is principally the result of softer than expected demand for intra-aortic balloon pumps and catheters in the U.S. and Asia at year end and delays in certain purchase orders in the OEM business. Additionally, lower overall order volumes across certain portfolio segments fell short of expectations.<\/p>\n<p>The Company\u2019s preliminary full year 2025 revenue results included herein are based on the Company\u2019s current estimates and expectations. The Company\u2019s financial close process for the quarter is ongoing, and these preliminary results are subject to change and finalization based on customary quarter-end procedures, management review and external audit procedures. The Company cautions investors that if the estimates, expectations or assumptions underlying the preliminary revenue results contained herein prove inaccurate, actual results could differ materially from those expressed in, or implied by, these preliminary revenue results.<\/p>\n<p>The Company expects to report its full fourth quarter and full year 2025 financial results in late February\/early March 2026.<\/p>\n<p>\n        <strong>About Stuart Randle<\/strong>\n      <\/p>\n<p>Mr. Randle has served on the Teleflex Board of Directors since 2009. He brings over 35 years of medical device company experience that has enabled him to provide valuable insights regarding a variety of business, management and technical issues. Mr. Randle retired from Ivenix, Inc. in December 2018, where he served as Chief Executive Officer for three years. Prior to that, he was President and Chief Executive Officer of GI Dynamics for 10 years.<\/p>\n<p>Prior to joining GI Dynamics, Mr. Randle served as Interim Chief Executive Officer of Optobionics Corporation from 2003 to 2004. Prior to that, he held the position of Entrepreneur in Residence of Advanced Technology Ventures from 2002 to 2003 and was President and Chief Executive Officer of Act Medical from 1998 to 2001. Earlier in his career, Mr. Randle held various senior management positions with Allegiance Healthcare Corporation and Baxter International Inc.<\/p>\n<p>\n        <strong>About Teleflex Incorporated<\/strong>\n      <\/p>\n<p>As a global provider of medical technologies, Teleflex is driven by our purpose to improve the health and quality of people\u2019s lives. Through our vision to become the most trusted partner in healthcare, we offer a diverse portfolio with solutions in the therapy areas of anesthesia, emergency medicine, interventional cardiology and radiology, surgical, vascular access, and urology. We believe that the potential of great people, purpose driven innovation, and world-class products can shape the future direction of healthcare.<\/p>\n<p>Teleflex is the home of Arrow\u2122, Barrigel\u2122, Deknatel\u2122, LMA\u2122, Pilling\u2122, QuikClot\u2122, R\u00fcsch\u2122, UroLift\u2122 and Weck\u2122 \u2013 trusted brands united by a common sense of purpose.<\/p>\n<p>At Teleflex, we are empowering the future of healthcare. For more information, please visit <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=AtwUoq9hTYLfSmY-pgP4hgqkQPtIhM6XuLSxLgVIfdbkuZ8tUjAKNNFKuY1whhgi8uw244D0-384UItVcHfNgAtX18YvV0gD_NlzgnYFx5g=\" rel=\"nofollow\" target=\"_blank\"><u>teleflex.com<\/u><\/a>.<\/p>\n<p>\n        <strong>Forward-Looking Statements<\/strong>\n      <\/p>\n<p>Certain statements made in this press release, other than statements of historical fact, are forward-looking statements. These statements include, but are not limited to, statements related to the Company\u2019s preliminary full year 2025 revenue results. The words \u201canticipate,\u201d \u201cbelieve,\u201d \u201cestimate,\u201d \u201cexpect,\u201d \u201cintend,\u201d \u201cmay,\u201d \u201cplan,\u201d \u201cwill,\u201d \u201cwould,\u201d \u201cshould,\u201d \u201cguidance,\u201d \u201cpotential,\u201d \u201ccontinue,\u201d \u201cproject,\u201d \u201cforecast,\u201d \u201cconfident,\u201d \u201cprospects\u201d and similar expressions typically are used to identify forward-looking statements. Forward-looking statements are based on the then-current expectations, beliefs, assumptions, estimates and forecasts about the Company\u2019s business and the industry and markets in which the Company operates. These statements are not guarantees of future performance and are subject to risks and uncertainties, which are difficult to predict. Therefore, actual outcomes and results may differ materially from what is expressed or implied by these forward-looking statements due to a number of factors, including changes in business relationships with and purchases by or from major customers or suppliers; delays or cancellations in shipments; demand for and market acceptance of new and existing products; the impact of inflation and disruptions in the Company\u2019s global supply chain on the Company and its suppliers (particularly sole-source suppliers and providers of sterilization services), including fluctuations in the cost and availability of resins and other raw materials, as well as certain components, used in the production or sterilization of the Company\u2019s products, transportation constraints and delays, product shortages, energy shortages or increased energy costs, labor shortages in the United States and elsewhere, and increased operating and labor costs; the Company\u2019s inability to effectively execute the announced sale of its Acute Care, Interventional Urology and OEM businesses; the Company\u2019s inability to integrate acquired businesses into its operations, realize planned synergies and operate such businesses profitably in accordance with the Company\u2019s expectations; the Company\u2019s inability to effectively execute its restructuring programs; the Company\u2019s inability to realize anticipated savings resulting from restructuring plans and programs; the impact of enacted healthcare reform legislation and proposals to amend, replace or repeal the legislation; changes in Medicare, Medicaid and third party coverage and reimbursements; the impact of tax legislation and related regulations; competitive market conditions and resulting effects on revenues and pricing; global economic factors, including currency exchange rates, interest rates, trade disputes, the implementation or threatened implementation of tariffs, sovereign debt issues, and international conflicts and hostilities, such as the ongoing conflicts between Russia and Ukraine and in the Middle East; public health epidemics and pandemics, such as COVID-19; difficulties entering new markets; and general economic conditions. For a further discussion of the risks relating to the Company\u2019s business, see Item 1A, Risk Factors, in the Company\u2019s Annual Report on Form 10-K for the year ended December 31, 2024, and subsequent reports filed with the Securities and Exchange Commission. The Company expressly disclaims any obligation to update these forward-looking statements, except as otherwise explicitly stated by the Company or as required by law or regulation.<\/p>\n<p>\n        <strong>Contacts:<\/strong><br \/>\n        <br \/>Teleflex<br \/>Lawrence Keusch<br \/>Vice President, Investor Relations and Strategy Development<\/p>\n<p>\n        <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=xj-BmOohKECg1ZZTAi4wFHU7OHONeOqcBBuwiRykzOH7mG1F68v4JYgt6pCcKBI3KYMmSj4Emw9r3JYyQCkjh1NEswKHTVDL2UFU3VLiefp0mrdT1g-wUqOOj1wvmRdMhGBQlIiF4v3svFat6SbQPQ==\" rel=\"nofollow\" target=\"_blank\"><br \/>\n          <u>investor.relations@teleflex.com<\/u><br \/>\n        <\/a><br \/>\n        <br \/>610-948-2836<\/p>\n<p>      <img decoding=\"async\" alt=\"\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTYyMjE4NCM3MzUwMzk2IzIwMDQ2NTA=\" \/><br \/>\n      <br \/>\n      <img decoding=\"async\" alt=\"\" src=\"https:\/\/ml.globenewswire.com\/media\/NDU3MjE5OTAtYWMzZi00NzI5LWIwM2MtMzljYjE4NjAwZDUxLTEwMTYyMjMtMjAyNi0wMS0wOC1lbg==\/tiny\/Teleflex-Incorporated.png\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Stuart Randle Appointed Interim President and CEO Board Initiates Search for Permanent CEO Dr. Stephen Klasko Appointed Chairman of the Board Company Provides Update on Preliminary Full Year 2025 Revenue Results WAYNE, Pa., Jan. 08, 2026 (GLOBE NEWSWIRE) &#8212; Teleflex Incorporated (NYSE: TFX) today announced that Stuart Randle, a member of the Company\u2019s Board of Directors, has been appointed Interim President and Chief Executive Officer, effective immediately. Mr. Randle succeeds Liam Kelly, who departs as Chairman, President and CEO of the Company. Dr. Stephen Klasko, the Company\u2019s Lead Director, has been named Chairman of the Board. The Board has engaged Spencer Stuart, a leading executive search firm, to assist in a comprehensive search process to identify a permanent CEO. \u201cWith &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/teleflex-announces-leadership-transition\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Teleflex Announces Leadership Transition&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-925218","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Teleflex Announces Leadership Transition - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/teleflex-announces-leadership-transition\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Teleflex Announces Leadership Transition - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Stuart Randle Appointed Interim President and CEO Board Initiates Search for Permanent CEO Dr. Stephen Klasko Appointed Chairman of the Board Company Provides Update on Preliminary Full Year 2025 Revenue Results WAYNE, Pa., Jan. 08, 2026 (GLOBE NEWSWIRE) &#8212; Teleflex Incorporated (NYSE: TFX) today announced that Stuart Randle, a member of the Company\u2019s Board of Directors, has been appointed Interim President and Chief Executive Officer, effective immediately. Mr. Randle succeeds Liam Kelly, who departs as Chairman, President and CEO of the Company. Dr. Stephen Klasko, the Company\u2019s Lead Director, has been named Chairman of the Board. The Board has engaged Spencer Stuart, a leading executive search firm, to assist in a comprehensive search process to identify a permanent CEO. \u201cWith &hellip; Continue reading &quot;Teleflex Announces Leadership Transition&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/teleflex-announces-leadership-transition\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2026-01-08T11:35:30+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTYyMjE4NCM3MzUwMzk2IzIwMDQ2NTA=\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"7 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/teleflex-announces-leadership-transition\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/teleflex-announces-leadership-transition\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Teleflex Announces Leadership Transition\",\"datePublished\":\"2026-01-08T11:35:30+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/teleflex-announces-leadership-transition\\\/\"},\"wordCount\":1314,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/teleflex-announces-leadership-transition\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.globenewswire.com\\\/newsroom\\\/ti?nf=OTYyMjE4NCM3MzUwMzk2IzIwMDQ2NTA=\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/teleflex-announces-leadership-transition\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/teleflex-announces-leadership-transition\\\/\",\"name\":\"Teleflex Announces Leadership Transition - 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Mr. Randle succeeds Liam Kelly, who departs as Chairman, President and CEO of the Company. Dr. Stephen Klasko, the Company\u2019s Lead Director, has been named Chairman of the Board. 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