Teleflex CEO Liam Kelly departs as interim CEO named and 2025 revenue outlook cut
Teleflex said CEO Liam Kelly left his roles as President and CEO effective the end of January 7, 2026, and director Stuart Randle was named Interim President and CEO effective January 8, 2026. The company also lowered its preliminary full-year 2025 revenue expectation to $3.270 billion to $3.278 billion from $3.305 billion to $3.320 billion, citing softer demand and delayed orders.
Key points
- Liam Kelly departed as President and CEO effective the end of January 7, 2026; Stephen Klasko was named independent Chair effective January 8, 2026.
- Preliminary 2025 revenue is now expected at $3.270 billion to $3.278 billion, versus prior guidance of $3.305 billion to $3.320 billion.
- The Board engaged Spencer Stuart to search for a permanent CEO; Randle receives a $140,000 monthly stipend and a $1.5 million restricted stock grant.
- Full fourth quarter and 2025 results are expected in late February or early March 2026.
The filing
Written by AI on Nov 8, 2026, 12:59 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on January 08, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.