Kim Kelderman joins CONMED (NYSE: CNMD) board with equity grant
Rhea-AI Filing Summary
CONMED Corporation appointed Kim Kelderman to its Board of Directors effective September 8, 2025. He will serve on the Corporate Governance and Nominating Committee and the Strategy Committee, and the Board determined that he meets the independence requirements of the New York Stock Exchange and the company’s own standards.
Kelderman is currently President, Chief Executive Officer, and a director of Bio‑Techne, and previously held senior leadership roles at Thermo Fisher Scientific and Becton Dickinson. As a non‑employee director, he will receive the same annual cash and equity compensation as other non‑employee directors. Upon appointment, he received a prorated equity grant valued at approximately $134,766, consisting of 500 restricted stock units and stock options to purchase 6,227 shares of CONMED common stock at the September 8, 2025 closing price, vesting in full on September 8, 2026.
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FAQ
What board change did CONMED (CNMD) disclose on September 8, 2025?
CONMED disclosed that its Board of Directors appointed Kim Kelderman as a director effective September 8, 2025. He also joined the Corporate Governance and Nominating Committee and the Strategy Committee.
Is new CONMED director Kim Kelderman considered independent?
Yes. The Board determined that Kim Kelderman is independent and that he meets the applicable director independence requirements of the New York Stock Exchange and CONMED’s own director independence standards.
What is Kim Kelderman’s professional background relevant to CONMED (CNMD)?
Kim Kelderman is President, Chief Executive Officer, and a director of Bio‑Techne, and previously held leadership roles at Thermo Fisher Scientific and Becton Dickinson, managing diagnostics, genomics, and blood collection businesses.
How will Kim Kelderman be compensated as a CONMED director?
As a non‑employee director, Kim Kelderman will receive the same annual cash and equity compensation as other non‑employee directors. On appointment, he received a prorated equity award valued at about $134,766.
What equity awards did CONMED grant to Kim Kelderman?
CONMED granted 500 restricted stock units and stock options to acquire 6,227 shares of its common stock at the September 8, 2025 closing price. These awards vest in full on September 8, 2026.
Are there any related party or familial relationships involving Kim Kelderman at CONMED?
No. The company states there are no understandings or arrangements under which he was selected, no related party transactions requiring disclosure, and no familial relationships with any CONMED director or executive officer.
Did CONMED issue a press release about Kim Kelderman’s appointment?
Yes. CONMED issued a press release dated September 9, 2025 announcing Kim Kelderman’s election and background, which is included as Exhibit 99.1 to the report.