Orthofix International N.V. announced that its Board of Directors has appointed Kathleen Regan, a director, as Interim Chair of the Board, effective immediately. Ms. Regan succeeds Randy Thurman, who has accepted a new executive position that requires him to limit his other professional activities and has resigned from the Board. Mr. Thurman said his resignation is not related to any disagreement with the Company or the Board regarding any matter related to the Company's operations, policies or practices.

Ms. Regan has also been appointed Chair of the Board's Nominating and Governance Committee. As a result, the size of the Orthofix Board will be reduced from nine directors to eight directors, seven of whom are independent.