AG˹ٷ

STOCK TITAN

[8-K] Avanos Medical, Inc. Reports Material Event

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
8-K
Rhea-AI Filing Summary

Avanos Medical (AVNS) has filed an 8-K dated 5-Aug-25 that covers earnings disclosure, management changes and a product-line divestiture.

Item 2.02: The company furnished (not filed) a press release with results for Q2-25 and 1H-25 (Ex. 99.1); specific revenue, EPS and guidance figures are not included in this report.

Item 5.02 � Leadership moves: Effective 1-Aug-25, CEO David Pacitti joined the Board, filling one vacancy. Scott Galovan (46), previously SVP-Strategy & Corp. Dev., was promoted to Senior VP & Chief Financial Officer. His package includes a $460k base salary, 70 % bonus target, a 2026 LTIP grant targeted at $1.6 m and an immediate $0.5 m time-based RSU award vesting 30 %/30 %/40 % over three years. Interim CFO Jason Pickett moves to Vice President, Corporate Finance & Treasurer.

Item 7.01 � Strategic action: On 31-Jul-25 Avanos announced the divestiture of its Hyaluronic Acid product line to Channel-Markers Medical, LLC (Ex. 99.2). No purchase price or financial impact was disclosed in the filing.

Investors should review the attached exhibits for quantitative performance data and divestiture terms, as neither is detailed within the body of the 8-K.

Avanos Medical (AVNS) ha presentato un modulo 8-K datato 5-ago-25 che riguarda la divulgazione dei risultati finanziari, cambiamenti nella direzione e la cessione di una linea di prodotti.

Voce 2.02: La società ha fornito (ma non depositato) un comunicato stampa con i risultati del Q2-25 e del primo semestre 25 (Ex. 99.1); nel rapporto non sono inclusi dati specifici su ricavi, EPS e previsioni.

Voce 5.02 � Cambiamenti nella leadership: A partire dal 1-ago-25, l’Amministratore Delegato David Pacitti è entrato nel Consiglio di Amministrazione, colmando una posizione vacante. Scott Galovan (46), precedentemente SVP-Strategia e Sviluppo Aziendale, è stato promosso a Senior VP e Direttore Finanziario. Il suo pacchetto retributivo comprende uno stipendio base di 460.000 $, un bonus obiettivo del 70%, una concessione LTIP 2026 stimata a 1,6 milioni di dollari e un premio immediato in RSU basate sul tempo del valore di 0,5 milioni di dollari, con maturazione del 30%/30%/40% in tre anni. Il CFO ad interim Jason Pickett assume il ruolo di Vicepresidente, Finanza Aziendale e Tesoriere.

Voce 7.01 � Azione strategica: Il 31-lug-25 Avanos ha annunciato la cessione della linea di prodotti all’Acido Ialuronico a Channel-Markers Medical, LLC (Ex. 99.2). Nel deposito non sono stati rivelati né il prezzo di acquisto né l’impatto finanziario.

Si consiglia agli investitori di consultare gli allegati per dati quantitativi sulle performance e termini della cessione, poiché nessuno dei due è dettagliato nel corpo del modulo 8-K.

Avanos Medical (AVNS) ha presentado un formulario 8-K fechado el 5 de agosto de 2025 que incluye la divulgación de resultados financieros, cambios en la dirección y la venta de una línea de productos.

Ítem 2.02: La compañía proporcionó (pero no presentó) un comunicado de prensa con los resultados del segundo trimestre de 2025 y el primer semestre de 2025 (Ex. 99.1); este informe no incluye cifras específicas de ingresos, EPS ni previsiones.

Ítem 5.02 � Cambios en el liderazgo: A partir del 1 de agosto de 2025, el CEO David Pacitti se unió a la Junta Directiva, cubriendo una vacante. Scott Galovan (46), anteriormente SVP de Estrategia y Desarrollo Corporativo, fue promovido a Vicepresidente Senior y Director Financiero. Su paquete incluye un salario base de 460,000 $, un objetivo de bono del 70 %, una concesión LTIP para 2026 valorada en 1.6 millones y una adjudicación inmediata de RSU basada en tiempo por 0.5 millones, con vesting del 30 %/30 %/40 % durante tres años. El CFO interino Jason Pickett pasó a ser Vicepresidente de Finanzas Corporativas y Tesorero.

Ítem 7.01 � Acción estratégica: El 31 de julio de 2025, Avanos anunció la venta de su línea de productos de Ácido Hialurónico a Channel-Markers Medical, LLC (Ex. 99.2). No se revelaron el precio de compra ni el impacto financiero en la presentación.

Se recomienda a los inversores revisar los anexos adjuntos para obtener datos cuantitativos sobre el desempeño y los términos de la venta, ya que ninguno de los dos se detalla en el cuerpo del 8-K.

Avanos Medical(AVNS)� 2025� 8� 5일자 8-K 보고서를 제출했으�, � 보고서에� 실적 공개, 경영� 변� � 제품 라인 매각 내용� 포함되어 있습니다.

항목 2.02: 회사� 2025� 2분기 � 상반� 실적� 관� 보도자료(Ex. 99.1)� 제공했으�(제출 아님) � 보고서에� 구체적인 매출, 주당순이�(EPS), 가이던� 수치� 포함되지 않았습니�.

항목 5.02 � 리더� 변�: 2025� 8� 1일부� CEO David Pacitti가 이사회에 합류하여 공석� 채웠습니�. 이전� 전략 � 기업개발 수석 부사장이었� Scott Galovan(46�)은 수석 부사장 � 최고재무책임�(CFO)� 승진했습니다. 그의 보상 패키지에는 연봉 46� 달러, 70% 보너� 목표, 2026� 목표 160� 달러� 장기 인센티브 계획(LTIP) 부�, 그리� 3년에 걸쳐 30%/30%/40%� 베스팅되� 50� 달러 상당� 시간 기반 제한�(RSU) 즉시 수여가 포함됩니�. 임시 CFO였� Jason Pickett� 기업 재무 � 재무담당 부사장으로 이동했습니다.

항목 7.01 � 전략� 조치: 2025� 7� 31�, Avanos� 히알루론� 제품 라인� Channel-Markers Medical, LLC� 매각한다� 발표했습니다(Ex. 99.2). 매각 가격이� 재무 영향은 보고서에 공개되지 않았습니�.

투자자들은 정량� 성과 데이터와 매각 조건� 8-K 본문� 상세� 기재되어 있지 않으므� 첨부� 증빙 자료� 검토할 것을 권고합니�.

Avanos Medical (AVNS) a déposé un formulaire 8-K daté du 5 août 2025 couvrant la divulgation des résultats, des changements de direction et la cession d’une gamme de produits.

Point 2.02 : La société a fourni (mais pas déposé) un communiqué de presse avec les résultats du T2-25 et du premier semestre 2025 (Ex. 99.1) ; les chiffres spécifiques de chiffre d’affaires, BPA et prévisions ne sont pas inclus dans ce rapport.

Point 5.02 � Changements de direction : À compter du 1er août 2025, le PDG David Pacitti a rejoint le conseil d’administration, comblant un poste vacant. Scott Galovan (46 ans), auparavant SVP Stratégie et Développement Corporatif, a été promu Senior VP et Directeur Financier. Son package comprend un salaire de base de 460 000 $, un objectif de bonus de 70 %, une attribution LTIP 2026 ciblée à 1,6 million de dollars et une attribution immédiate de RSU basées sur le temps d’une valeur de 0,5 million, vestant à 30 %/30 %/40 % sur trois ans. Le CFO intérimaire Jason Pickett devient Vice-Président, Finance d’Entreprise et Trésorier.

Point 7.01 � Action stratégique : Le 31 juillet 2025, Avanos a annoncé la cession de sa gamme de produits à base d’acide hyaluronique à Channel-Markers Medical, LLC (Ex. 99.2). Aucun prix d’achat ni impact financier n’a été divulgué dans le dépôt.

Les investisseurs sont invités à consulter les annexes jointes pour les données quantitatives de performance et les conditions de cession, car aucun détail n’est fourni dans le corps du 8-K.

Avanos Medical (AVNS) hat am 5. August 2025 ein 8-K Formular eingereicht, das die Offenlegung der Ergebnisse, Führungswechsel und den Verkauf einer Produktlinie umfasst.

Punkt 2.02: Das Unternehmen hat eine Pressemitteilung mit den Ergebnissen für das 2. Quartal 2025 und das erste Halbjahr 2025 bereitgestellt (nicht eingereicht) (Ex. 99.1); spezifische Angaben zu Umsatz, Gewinn je Aktie und Prognosen sind in diesem Bericht nicht enthalten.

Punkt 5.02 � Führungswechsel: Zum 1. August 2025 trat CEO David Pacitti dem Vorstand bei und füllte eine Vakanz. Scott Galovan (46), zuvor Senior Vice President für Strategie und Unternehmensentwicklung, wurde zum Senior Vice President und Chief Financial Officer befördert. Sein Vergütungspaket umfasst ein Grundgehalt von 460.000 $, ein Bonusziel von 70 %, eine LTIP-Zuteilung für 2026 im Wert von 1,6 Mio. $ sowie eine sofortige zeitbasierte RSU-Zuteilung im Wert von 0,5 Mio. $, die über drei Jahre mit 30 %/30 %/40 % vestet. Der Interim-CFO Jason Pickett wechselte zum Vice President Corporate Finance & Treasurer.

Punkt 7.01 � Strategische Maßnahme: Am 31. Juli 2025 kündigte Avanos den Verkauf seiner Hyaluronsäure-Produktlinie an Channel-Markers Medical, LLC an (Ex. 99.2). Kaufpreis und finanzielle Auswirkungen wurden im Bericht nicht offengelegt.

Investoren sollten die beigefügten Anlagen für quantitative Leistungsdaten und Verkaufsbedingungen prüfen, da diese im Hauptteil des 8-K nicht näher erläutert werden.

Positive
  • Permanent CFO appointment ends interim period, providing leadership stability for financial planning and reporting.
  • Divestiture of non-core Hyaluronic Acid product line signals continued portfolio focus and potential capital generation.
  • Board vacancy filled by CEO Pacitti, ensuring full board composition without expanding board size.
Negative
  • No financial terms for the product-line sale were disclosed, limiting assessment of valuation and cash impact.
  • Governance concentration: CEO now also serves as director, reducing independent oversight.
  • CFO compensation increases fixed costs; long-term equity grants dilute shareholders albeit modestly.

Insights

TL;DR: Board seat for CEO and permanent CFO reduce leadership gap; strategic sale positive but terms undisclosed—net neutral impact.

Filling the board vacancy with the sitting CEO streamlines decision-making but also concentrates authority, a mixed governance signal. Naming a permanent CFO ends a four-month interim period and should stabilise financial reporting. Compensation appears market-comparable for a $1.0-1.2 bn market-cap med-tech firm. Lack of fresh external insights tempers enthusiasm. Overall, these changes modestly enhance leadership clarity without materially changing risk profile.

TL;DR: Divesting HA line sharpens focus on core portfolio; absent deal value, earnings effect can’t be gauged—neutral for now.

The Hyaluronic Acid franchise is peripheral to Avanos� pain management and chronic care focus, so its sale could improve strategic coherence and margin mix. However, without disclosed proceeds or revenue contribution, investors cannot assess accretion, debt reduction, or capital redeployment potential. Management plans to discuss Q2 numbers separately (Ex. 99.1), leaving valuation impact contingent on forthcoming details.

Avanos Medical (AVNS) ha presentato un modulo 8-K datato 5-ago-25 che riguarda la divulgazione dei risultati finanziari, cambiamenti nella direzione e la cessione di una linea di prodotti.

Voce 2.02: La società ha fornito (ma non depositato) un comunicato stampa con i risultati del Q2-25 e del primo semestre 25 (Ex. 99.1); nel rapporto non sono inclusi dati specifici su ricavi, EPS e previsioni.

Voce 5.02 � Cambiamenti nella leadership: A partire dal 1-ago-25, l’Amministratore Delegato David Pacitti è entrato nel Consiglio di Amministrazione, colmando una posizione vacante. Scott Galovan (46), precedentemente SVP-Strategia e Sviluppo Aziendale, è stato promosso a Senior VP e Direttore Finanziario. Il suo pacchetto retributivo comprende uno stipendio base di 460.000 $, un bonus obiettivo del 70%, una concessione LTIP 2026 stimata a 1,6 milioni di dollari e un premio immediato in RSU basate sul tempo del valore di 0,5 milioni di dollari, con maturazione del 30%/30%/40% in tre anni. Il CFO ad interim Jason Pickett assume il ruolo di Vicepresidente, Finanza Aziendale e Tesoriere.

Voce 7.01 � Azione strategica: Il 31-lug-25 Avanos ha annunciato la cessione della linea di prodotti all’Acido Ialuronico a Channel-Markers Medical, LLC (Ex. 99.2). Nel deposito non sono stati rivelati né il prezzo di acquisto né l’impatto finanziario.

Si consiglia agli investitori di consultare gli allegati per dati quantitativi sulle performance e termini della cessione, poiché nessuno dei due è dettagliato nel corpo del modulo 8-K.

Avanos Medical (AVNS) ha presentado un formulario 8-K fechado el 5 de agosto de 2025 que incluye la divulgación de resultados financieros, cambios en la dirección y la venta de una línea de productos.

Ítem 2.02: La compañía proporcionó (pero no presentó) un comunicado de prensa con los resultados del segundo trimestre de 2025 y el primer semestre de 2025 (Ex. 99.1); este informe no incluye cifras específicas de ingresos, EPS ni previsiones.

Ítem 5.02 � Cambios en el liderazgo: A partir del 1 de agosto de 2025, el CEO David Pacitti se unió a la Junta Directiva, cubriendo una vacante. Scott Galovan (46), anteriormente SVP de Estrategia y Desarrollo Corporativo, fue promovido a Vicepresidente Senior y Director Financiero. Su paquete incluye un salario base de 460,000 $, un objetivo de bono del 70 %, una concesión LTIP para 2026 valorada en 1.6 millones y una adjudicación inmediata de RSU basada en tiempo por 0.5 millones, con vesting del 30 %/30 %/40 % durante tres años. El CFO interino Jason Pickett pasó a ser Vicepresidente de Finanzas Corporativas y Tesorero.

Ítem 7.01 � Acción estratégica: El 31 de julio de 2025, Avanos anunció la venta de su línea de productos de Ácido Hialurónico a Channel-Markers Medical, LLC (Ex. 99.2). No se revelaron el precio de compra ni el impacto financiero en la presentación.

Se recomienda a los inversores revisar los anexos adjuntos para obtener datos cuantitativos sobre el desempeño y los términos de la venta, ya que ninguno de los dos se detalla en el cuerpo del 8-K.

Avanos Medical(AVNS)� 2025� 8� 5일자 8-K 보고서를 제출했으�, � 보고서에� 실적 공개, 경영� 변� � 제품 라인 매각 내용� 포함되어 있습니다.

항목 2.02: 회사� 2025� 2분기 � 상반� 실적� 관� 보도자료(Ex. 99.1)� 제공했으�(제출 아님) � 보고서에� 구체적인 매출, 주당순이�(EPS), 가이던� 수치� 포함되지 않았습니�.

항목 5.02 � 리더� 변�: 2025� 8� 1일부� CEO David Pacitti가 이사회에 합류하여 공석� 채웠습니�. 이전� 전략 � 기업개발 수석 부사장이었� Scott Galovan(46�)은 수석 부사장 � 최고재무책임�(CFO)� 승진했습니다. 그의 보상 패키지에는 연봉 46� 달러, 70% 보너� 목표, 2026� 목표 160� 달러� 장기 인센티브 계획(LTIP) 부�, 그리� 3년에 걸쳐 30%/30%/40%� 베스팅되� 50� 달러 상당� 시간 기반 제한�(RSU) 즉시 수여가 포함됩니�. 임시 CFO였� Jason Pickett� 기업 재무 � 재무담당 부사장으로 이동했습니다.

항목 7.01 � 전략� 조치: 2025� 7� 31�, Avanos� 히알루론� 제품 라인� Channel-Markers Medical, LLC� 매각한다� 발표했습니다(Ex. 99.2). 매각 가격이� 재무 영향은 보고서에 공개되지 않았습니�.

투자자들은 정량� 성과 데이터와 매각 조건� 8-K 본문� 상세� 기재되어 있지 않으므� 첨부� 증빙 자료� 검토할 것을 권고합니�.

Avanos Medical (AVNS) a déposé un formulaire 8-K daté du 5 août 2025 couvrant la divulgation des résultats, des changements de direction et la cession d’une gamme de produits.

Point 2.02 : La société a fourni (mais pas déposé) un communiqué de presse avec les résultats du T2-25 et du premier semestre 2025 (Ex. 99.1) ; les chiffres spécifiques de chiffre d’affaires, BPA et prévisions ne sont pas inclus dans ce rapport.

Point 5.02 � Changements de direction : À compter du 1er août 2025, le PDG David Pacitti a rejoint le conseil d’administration, comblant un poste vacant. Scott Galovan (46 ans), auparavant SVP Stratégie et Développement Corporatif, a été promu Senior VP et Directeur Financier. Son package comprend un salaire de base de 460 000 $, un objectif de bonus de 70 %, une attribution LTIP 2026 ciblée à 1,6 million de dollars et une attribution immédiate de RSU basées sur le temps d’une valeur de 0,5 million, vestant à 30 %/30 %/40 % sur trois ans. Le CFO intérimaire Jason Pickett devient Vice-Président, Finance d’Entreprise et Trésorier.

Point 7.01 � Action stratégique : Le 31 juillet 2025, Avanos a annoncé la cession de sa gamme de produits à base d’acide hyaluronique à Channel-Markers Medical, LLC (Ex. 99.2). Aucun prix d’achat ni impact financier n’a été divulgué dans le dépôt.

Les investisseurs sont invités à consulter les annexes jointes pour les données quantitatives de performance et les conditions de cession, car aucun détail n’est fourni dans le corps du 8-K.

Avanos Medical (AVNS) hat am 5. August 2025 ein 8-K Formular eingereicht, das die Offenlegung der Ergebnisse, Führungswechsel und den Verkauf einer Produktlinie umfasst.

Punkt 2.02: Das Unternehmen hat eine Pressemitteilung mit den Ergebnissen für das 2. Quartal 2025 und das erste Halbjahr 2025 bereitgestellt (nicht eingereicht) (Ex. 99.1); spezifische Angaben zu Umsatz, Gewinn je Aktie und Prognosen sind in diesem Bericht nicht enthalten.

Punkt 5.02 � Führungswechsel: Zum 1. August 2025 trat CEO David Pacitti dem Vorstand bei und füllte eine Vakanz. Scott Galovan (46), zuvor Senior Vice President für Strategie und Unternehmensentwicklung, wurde zum Senior Vice President und Chief Financial Officer befördert. Sein Vergütungspaket umfasst ein Grundgehalt von 460.000 $, ein Bonusziel von 70 %, eine LTIP-Zuteilung für 2026 im Wert von 1,6 Mio. $ sowie eine sofortige zeitbasierte RSU-Zuteilung im Wert von 0,5 Mio. $, die über drei Jahre mit 30 %/30 %/40 % vestet. Der Interim-CFO Jason Pickett wechselte zum Vice President Corporate Finance & Treasurer.

Punkt 7.01 � Strategische Maßnahme: Am 31. Juli 2025 kündigte Avanos den Verkauf seiner Hyaluronsäure-Produktlinie an Channel-Markers Medical, LLC an (Ex. 99.2). Kaufpreis und finanzielle Auswirkungen wurden im Bericht nicht offengelegt.

Investoren sollten die beigefügten Anlagen für quantitative Leistungsdaten und Verkaufsbedingungen prüfen, da diese im Hauptteil des 8-K nicht näher erläutert werden.

0001606498falseJuly 31, 202500016064982025-07-312025-07-31

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K 
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): July 31, 2025
avanoslogo.jpg
AVANOS MEDICAL, INC.
(Exact name of registrant as specified in its charter)
Delaware001-36440 46-4987888
(State or other jurisdiction of incorporation)(Commission File Number)(I.R.S. Employer Identification No.)
5405 Windward Parkway
Suite 100 South
Alpharetta,Georgia30004
(Address of principal executive offices)(Zip code)
Registrant’s telephone number, including area code: (844) 428-2667
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities registered pursuant to Section 12(b) of the Act:
Title of each classTrading SymbolName of exchange on which registered
Common Stock - $0.01 Par ValueAVNSNew York Stock Exchange
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 or Rule 12b-2 of the Securities Exchange Act of 1934.
Emerging growth company
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.





Item 2.02    Results of Operations and Financial Condition
On August 5, 2025, Avanos Medical, Inc. (the “Company”) issued a press release announcing its results of operations for the three and six months ended June 30, 2025. A copy of the press release is furnished herewith as Exhibit 99.1.
The information contained in Item 2.02 of this Current Report, including Exhibit 99.1 attached hereto, is being furnished and shall not be deemed “filed” for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that Section. The information in Item 2.02 of this Current Report or Exhibit 99.1 shall not be incorporated by reference into any registration statement or other document pursuant to the Securities Act of 1933, as amended, or the Exchange Act, except as otherwise expressly stated in such filing.
Item 5.02    Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On August 1, 2025, the Board of Directors (the “Board”) of the Company appointed David Pacitti to the Board, effective August 1, 2025. The appointment of Mr. Pacitti, who is the Company’s Chief Executive Officer, fills a vacancy on the Board.
Mr. Pacitti was not selected pursuant to any arrangement or understanding between him and any other persons. There are no transactions between Mr. Pacitti and the Company that would be reportable under Item 404(a) of Regulation S-K. Mr. Pacitti will not receive any compensation in connection with his service as a member of the Board.
On August 1, 2025, the Company appointed Scott Galovan to serve as the Company’s Senior Vice President, Chief Financial Officer, effective August 1, 2025. Mr. Galovan, age 46, has served as the Company’s Senior Vice President, Strategy and Corporate Development since January 2023. He served as the Company’s Vice President, Strategy and Corporate Development from June 2019 until January 2023. Prior to joining the Company in 2013, his experience included serving in senior strategy, finance and M&A roles at Newell Brands, Equity Pacific Partners and Intel Capital.
Mr. Galovan was not selected pursuant to any arrangement or understanding between him and any other persons. There are no transactions between Mr. Galovan and the Company that would be reportable under Item 404(a) of Regulation S-K.
In connection with Mr. Galovan’s appointment, the Company and Mr. Galovan entered into an offer letter pursuant to which he will receive a base salary of $460,000 per year. In addition, he will be eligible to participate in the Company’s annual cash incentive program with a bonus target of 70% of his base salary and will be eligible for annual long-term incentive grants under the Company’s Long Term Incentive Plan with a target award value for 2026 of $1,600,000. In addition, on August 1, 2025 Mr. Galovan received a special equity award of time-based restricted stock units (“TRSUs”) having a grant date value equal to $500,000. Such TRSUs will vest 30% on the first anniversary of the grant date, 30% on the second anniversary of the grant date and 40% on the third anniversary of the grant date. Mr. Galovan will be eligible to participate in the standard employee benefit plans generally available to the Company’s executive employees, including medical, dental, vision and life insurance; flexible spending accounts; Company-paid disability programs; and a matching 401(k) plan. He will also be eligible to participate in the Company’s Executive Severance Plan and Severance Pay Plan. The foregoing description of Mr. Galovan’s offer letter does not purport to be complete and is qualified in its entirety by reference to the full text of the offer letter, which is filed as Exhibit 10.1 to this Current Report on Form 8-K.
Effective August 1, 2025, Jason Pickett, who had served as Interim Chief Financial Officer and Treasurer since April 14, 2025, assumed the position of Vice President, Corporate Finance and Treasurer. In that role, he will lead the Company’s tax, treasury and accounting functions.
Item 7.01    Regulation FD Disclosure
On July 31, 2025, the Company issued a press release announcing the divestiture of its Hyaluronic Acid (HA) product line to Channel-Markers Medical, LLC. A copy of such press release is attached as Exhibit 99.2 hereto and is incorporated by reference herein in its entirety.
On August 5, 2025, the Company issued a press release regarding the appointment of Mr. Pacitti to the Board, effective August 1, 2025, and the appointment of Mr. Galovan to the position of Senior Vice President, Chief Financial Officer, effective August 1, 2025. A copy of such press release is attached as Exhibit 99.3 hereto and is incorporated by reference herein in its entirety.
The information in Item 7.01 of this Current Report, including Exhibit 99.2 and Exhibit 99.3 attached hereto, is being furnished and shall not be deemed “filed” for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that Section. The information in Item 7.01 of this Current Report shall not be incorporated by reference into any registration statement or other document pursuant to the Securities Act of 1933, as amended, except as otherwise expressly stated in such filing.




Item 9.01    Financial Statements and Exhibits
(d)Exhibits.
Exhibit No.Description
99.1
Press release issued by Avanos Medical, Inc. on August 5, 2025
99.2
Press release issued by Avanos Medical, Inc. on July 31, 2025
99.3
Press release issued by Avanos Medical Inc., on August 5, 2025
10.1*
Offer Letter by and between Avanos Medical, Inc. and Scott Galovan
104Cover Page Interactive Data File (embedded within the inline XBRL document)
* Management contracts, compensatory plans or arrangements



SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
    
AVANOS MEDICAL, INC.
Date: August 5, 2025By:/s/ Mojirade James
Mojirade James
Senior Vice President and General Counsel


FAQ

Why did Avanos Medical (AVNS) file this 8-K on 5-Aug-25?

To disclose Q2-25 earnings release, leadership changes and the divestiture of its Hyaluronic Acid product line.

Who is the new Chief Financial Officer of AVNS?

Scott Galovan became Senior VP & CFO effective 1-Aug-25, replacing interim CFO Jason Pickett.

What compensation will the new CFO receive?

Base salary $460k, bonus target 70 % of salary, 2026 LTIP target $1.6 m, plus a $0.5 m one-time RSU grant.

What product line did Avanos divest in July 2025?

The company sold its Hyaluronic Acid (HA) product line to Channel-Markers Medical, LLC.

Does the filing include Avanos� Q2-25 financial results?

No figures are in the body of the 8-K; results are furnished separately as Exhibit 99.1.

Is there information on the sale price of the HA product line?

No. The 8-K references the deal but does not state the transaction value or financial impact.
Avanos Medical

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Medical Devices
Orthopedic, Prosthetic & Surgical Appliances & Supplies
United States
ALPHARETTA