Joseph F. Woody is currently the CEO of Avanos Medical, Inc., a healthcare company focused on advancing patient care. He took on this role in June 2017, succeeding Robert E. Abernathy. Woody has over 20 years of experience in the...

Joseph F. Woody is currently the CEO of Avanos Medical, Inc., a healthcare company focused on advancing patient care. He took on this role in June 2017, succeeding Robert E. Abernathy. Woody has over 20 years of experience in the healthcare field. Before he joined Avanos, he was the CEO of Acelity Holdings, a company known for advanced wound care, from 2015 to 2017. He also held leadership positions at Kinetic Concepts and Covidien, showing a solid background in managing healthcare companies. Under his leadership, Avanos aims to improve patient outcomes with innovative solutions. In 2020, Woody’s total compensation was around $2.4 million, with a big part coming from performance bonuses based on company metrics. His compensation package reflects a strong focus on rewarding performance and aligning with the company's goals. Interestingly, his stock awards did not vest in 2020 because performance metrics weren’t met, highlighting the pay-for-performance culture he operates in. As of 2020, he owns about 321,357 shares of Avanos, signaling confidence in the company's future.