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This article was originally published in The Gray Sheet

Executive Summary

Orthofix elects new chairman: Eight-year board member Jim Gero to become orthopedic firm's new chair, replacing Robert Gaines-Cooper by year-end, the company announces March 26. Gero formerly served as director of American Medical Electronics, which Orthofix acquired in 1995, and as CEO of Sierra Technologies and Sierra Networks. Gaines-Cooper will remain a non-executive director while undertaking other entrepreneurial ventures, Orthofix notes. He plans to divest about 70% of his trust over the next 18 months, which is made up of 1.3 mil. Orthofix shares...

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