Just saw that Vafa Jamali got promoted to Chairman at ZimVie, the dental implant company. Dude's been CEO for like three years since the spinoff and apparently did a pretty solid job - cut debt, streamlined operations, the whole thing. Now he's moving up to run the board too.

Interesting move honestly. Vafa Jamali's basically been the one steering the ship and clearly the board thinks he's doing it right, so they're giving him more power. The old chair David King is stepping down, and some guy named Vinit Asar is taking the Lead Independent Director spot to balance things out I guess.

I'm not super familiar with ZimVie's financials but the fact that institutional investors have been mixed on this - some adding shares, some dumping them recently - makes you wonder what people are actually thinking. Vafa Jamali seems to have the board's confidence at least, but that CEO-to-Chairman transition always feels a bit risky. Like, who's actually running day-to-day operations now?

Anyone else following this stock or is it just me?