Medical Design and Outsourcing

  • Home
  • Medical Device Business
    • Mergers & Acquisitions
    • Financial
    • Regulatory
  • Applications
    • Cardiovascular
    • Devices
    • Imaging
    • Implantables
    • Medical Equipment
    • Orthopedic
    • Surgical
  • Technologies
    • Components
    • Electronics
    • Extrusions
    • Materials
    • Motion Control
    • Prototyping
    • Pumps
    • Tubing
  • Contract Manufacturing
  • Med Tech Resources
    • DeviceTalks Tuesdays
    • Digital Editions
    • eBooks
    • Manufacturer Search
    • Medical Device Handbook
    • MedTech 100 Index
    • Podcasts
    • Print Subscription
    • Suppliers
    • The Big 100
      • Archive – The Big 100 (2018)
    • Webinars
    • Whitepapers
    • Video
  • Leadership
    • Women in Medtech
    • 2020 Winners
    • 2019 Winners

Orchid appoints ConMed, Zimmer veteran as CEO

October 13, 2020 By Chris Newmarker

Orchid CEO Nate Folkert

Orchid’s new CEO Nate Folkert

Orchid Orthopedic Solutions (Holt, Mich.) announced this week that ConMed and Zimmer veteran Nate Folkert has taken over the corner office at the orthopedic medical device industry supplier.

Folkert succeeded Jerry Jurkiewicz, effective yesterday. Jurkiewicz will consider supporting the company through a transition period.

Folkert has 20 years of medical device industry experience, most recently serving as VP and GM of ConMed’s Orthopedics business. Prior to ConMed, he was president of Zimmer’s Trauma Division, preceded by several other executive roles at Zimmer and Stryker.

Before medtech, Folkert few helicopters in the U.S Army. He’s a graduate of the U.S. Military Academy at West Point.

“Nate joins with a proven track record of growth acceleration and a close understanding of the orthopedic end market. The board is impressed by Nate’s understanding of how to create value for Orchid’s customers,” Orchid board chair Gary Fischetti said in a news release.

The leadership transition is taking place as the orthopedic outsourcing space continues to evolve, with major device companies handing off the entire manufacturing, sourcing and logistics of certain products to their suppliers. Orchid has been positioning itself to be on the vanguard of this trend.

Orchid has emerged as a leading supplier in this fragmented market, and I look forward to continuing to build on the significant progress made to date on building the company into a global operationally excellent manufacturing platform. Orchid has a long runway ahead as it focuses on partnering with customers to help them win in the market,” Folkert said.

Nordic Capital acquired a majority stake in Orchid nearly two years ago.

 

Related Articles Read More >

Covestro tests plastics against high-strength hospital disinfectants
MiQ Partners
MiQ Partners announces new CEO
Singer Instruments & Control CEO outlines the state of medtech in Israel
Medtronic reorg could open door to more contract manufacturers

MEDTECH 100 INDEX

Medtech 100 logo
Market Summary > Current Price
The MedTech 100 is a financial index calculated using the BIG100 companies covered in Medical Design and Outsourcing.

MDO Digital Edition

Digital Edition

Subscribe to Medical Design & Outsourcing. Bookmark, share and interact with the leading medical design engineering magazine today.

DeviceTalks

DeviceTalks is a conversation among medical technology leaders. It's events, podcasts, webinars and one-on-one exchanges of ideas & insights.

DeviceTalks

New MedTech Resource

Medical Tubing

Enewsletter Subscriptions

Tweets by MedTechDaily

MassDevice

Mass Device

The Medical Device Business Journal. MassDevice is the leading medical device news business journal telling the stories of the devices that save lives.

Visit Website
MDO ad
Medical Design and Outsourcing
  • MassDevice
  • DeviceTalks
  • Drug Delivery Business News
  • Medical Tubing + Extrusion
  • About Us/Contact
  • Advertising
  • Subscribe to Enewsletter
  • Subscribe to Print Magazine

Copyright © 2021 WTWH Media, LLC. All Rights Reserved. Site Map | Privacy Policy | RSS

Search Medical Design & Outsourcing

  • Home
  • Medical Device Business
    • Mergers & Acquisitions
    • Financial
    • Regulatory
  • Applications
    • Cardiovascular
    • Devices
    • Imaging
    • Implantables
    • Medical Equipment
    • Orthopedic
    • Surgical
  • Technologies
    • Components
    • Electronics
    • Extrusions
    • Materials
    • Motion Control
    • Prototyping
    • Pumps
    • Tubing
  • Contract Manufacturing
  • Med Tech Resources
    • DeviceTalks Tuesdays
    • Digital Editions
    • eBooks
    • Manufacturer Search
    • Medical Device Handbook
    • MedTech 100 Index
    • Podcasts
    • Print Subscription
    • Suppliers
    • The Big 100
      • Archive – The Big 100 (2018)
    • Webinars
    • Whitepapers
    • Video
  • Leadership
    • Women in Medtech
    • 2020 Winners
    • 2019 Winners