By Chris Wack

Integra LifeSciences Holdings Corp. said Peter Arduini will step down as chief executive at the end of 2021 to accept the role of president and CEO of GE Healthcare.

The company said its board of directors has begun a formal search for a new president and CEO, and has appointed a special committee to direct the search and transition process.

The company has hired executive search firm Heidrick & Struggles Inc. to assist in the search.

The process, which the board expects to conclude this year, will include internal and external candidates, Integra said. Mr. Arduini will remain president and CEO through Dec. 31 or until a new president and CEO has been named.

Write to Chris Wack at chris.wack@wsj.com

(END) Dow Jones Newswires

June 24, 2021 08:56 ET (12:56 GMT)

Copyright (c) 2021 Dow Jones & Company, Inc.
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