BD Announces Leadership Succession Plan
The BD board of directors unanimously elected
"As we head into the final year of the BD-Bard integration, the board and I have been focused on preparing for the next phase of the company's growth, and we recognize this is the right time to appoint a successor with the vision, drive and capability to lead BD into the future," Forlenza said. "Tom is a strategic, customer-centric executive, who brings tremendous energy, a deep understanding of the industry and health care technology, and a strong track record of delivering results. He is passionate about our purpose and BD's potential to make an even bigger impact in the lives of patients around the world. I have greatly valued our partnership, and the board and I firmly believe that Tom is ideally positioned to drive the company's continued success."
In his current position, Polen, 46, oversees BD's three business segments and has responsibility for global research and development, innovation, operations and the commercial organization of the company's
"Today's announcement represents the culmination of a thorough and thoughtful succession planning process, and we are confident Tom's appointment comes at the right time in the company's evolution to ensure continuity of strategy, leadership and financial performance," said
"On behalf of the entire board, we also want to thank Vince for his leadership during the most transformative period in the company's nearly 125-year history. During his eight years as CEO, BD built an incredible portfolio of solutions to advance the entire health care continuum, more than doubled annual revenue, and increased market capitalization by more than 300 percent. We believe BD is well positioned for continued growth and success, and we look forward to continuing to partner with Vince in his role as chairman."
Forlenza, 66, was appointed CEO of BD in
Reflecting on his tenure with BD, Forlenza said, "We often say BD is a place where you can fulfill your life's work through your work life, and that has been my experience — every day — for the past four decades. It has been an absolute privilege and pleasure to lead this organization as we've transformed and built capabilities that better position BD to solve some of health care's most pressing global challenges."
Polen said, "I am humbled by the trust Vince and the board have placed in me and honored to have this opportunity to lead such a dynamic company as we move into our next phase of growth and impact. I am confident we have the right strategy, an exciting innovation pipeline, tremendous breadth of capabilities, and the most talented and dedicated team in health care. As we move ahead, I believe BD has significant opportunities to continue to accelerate growth and drive long-term value while delivering meaningful results for our customers, patients and shareholders. I look forward to continuing to partner with Vince and our entire team as we work together to fulfill BD's purpose of advancing the world of health."
Polen joined BD in 1999, after growing an early phase start-up that was subsequently purchased by BD. From 1999 to 2004, he held a variety of sales and marketing positions with increasing responsibility in BD Biosciences and BD Diagnostics Systems.
In 2004, Polen joined
In 2009, Polen rejoined BD as president of BD Preanalytical Systems. He assumed the role of president of BD Diagnostics Systems from 2010 to 2013, and later served as group president, responsible for BD Medical Surgical Systems and BD Pharmaceutical Systems. In 2014, Polen was named segment president, BD Medical. He was appointed president of BD in
Polen is an active benefactor and volunteer for the
Forlenza began his career at BD in 1980. Throughout his career, Forlenza held multiple roles of increasing responsibility. Key appointments included leadership roles as senior vice president of Technology, Strategy and Development; president of BD Biosciences; and executive vice president and president of BD Diagnostics. Forlenza was named president of BD in
Forlenza has served on both the AdvaMed board of directors and its Executive Committee for seven years and is also the past chairman of the association's Board Committee on Technology and Regulation and is now chairman of AdvaMed's Legal Committee. In addition, he served as chairman of the board for AdvaMedDx, a division of AdvaMed focused on the unique needs and issues facing diagnostics manufacturers.
In addition to his positions on the
Forlenza earned a bachelor's degree in chemical engineering from
BD is one of the largest global medical technology companies in the world and is advancing the world of health by improving medical discovery, diagnostics and the delivery of care. The company supports the heroes on the frontlines of health care by developing innovative technology, services and solutions that help advance both clinical therapy for patients and clinical process for health care providers. BD and its 65,000 employees have a passion and commitment to help enhance the safety and efficiency of clinicians' care delivery process, enable laboratory scientists to accurately detect disease and advance researchers' capabilities to develop the next generation of diagnostics and therapeutics. BD has a presence in virtually every country and partners with organizations around the world to address some of the most challenging global health issues. By working in close collaboration with customers, BD can help enhance outcomes, lower costs, increase efficiencies, improve safety and expand access to health care. For more information on BD, please visit bd.com.
Monique N. Dolecki
BD Corporate Communication
BD Investor Relations
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