Dentsply Sirona

www.dentsplysirona.com

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Dental Tribune International

Wed. 4 June 2025

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CHARLOTTE, N.C., US: Dentsply Sirona has appointed Matthew E. Garth as executive vice president and chief financial officer (CFO), effective immediately. Garth becomes the fifth person to hold the CFO role—counting both interim and permanent appointments—at the company in the past five years, reflecting a period of considerable leadership turnover in its finance function. He brings nearly 30 years of experience in financial management, with a strong focus on value creation and organisational transformation.

Garth most recently served as CFO and chief administrative officer at the Scotts Miracle-Gro Company, where he helped stabilise the business following the pandemic and led the development of long-term strategic plans. Prior to that, he held senior financial roles at Minerals Technologies, where he was responsible for global functions including finance, tax, treasury, audit, investor relations, information technology and shared services. Earlier in his career, he worked at Alcoa, including as CFO of two multi-billion-dollar business units, and began his career at Thomson Financial. He holds a bachelor’s degree in accounting from the University of Delaware and an MBA from Columbia University.

“We are pleased to welcome Matt as our new CFO,” said Simon Campion, president and chief executive officer of Dentsply Sirona. “He is a seasoned executive with a strong financial background and track record of delivering results. He brings deep expertise in driving organisational transformation and engaging with investors and capital markets. Matt joins us at a critical time in our transformational journey and as our industry continues to evolve, we are confident that he will play an instrumental role in helping Dentsply Sirona advance our strategic agenda to drive sustainable growth and unlock greater shareholder value.”

Commenting on his appointment, Garth said: “I’m thrilled to join Dentsply Sirona and be part of this exciting journey. I look forward to joining the team to help advance our financial, operational, and strategic goals, execute with focus and discipline, and ultimately deliver long-term profitable growth and value creation.”

Recent changes in the CFO position

Garth’s appointment follows several changes in Dentsply Sirona’s finance leadership. In December 2024, Herman V. Cueto was named interim CFO following the resignation of Glenn Coleman in November. Coleman had served as CFO since September 2022, after Jorge Gomez stepped down in May 2022 to join Moderna. Between Gomez’s and Coleman’s tenures, Barbara Bodem served as interim CFO.

Financial performance and outlook

Dentsply Sirona’s first-quarter 2025 results showed signs of gradual recovery. The company reported net sales of US$879 million (€811 million*), down 7.7% year on year, with organic sales declining 4.4%. Despite the decline in revenue, Dentsply Sirona reported adjusted earnings per share of US$0.43 for the first quarter of 2025, significantly exceeding analysts’ consensus estimate of US$0.29, according to data from MarketBeat.

With Garth’s appointment, Dentsply Sirona aims to strengthen its financial leadership and advance its transformation strategy in a changing global dental market.

Editorial note:

*Calculated on the OANDA platform for 31 March 2025.