ALIGN TECHNOLOGY, INC. (NASDAQ:ALGN) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain OfficersItem 5.02
On October 24, 2018, Align Technology, Inc. (the “Company”) announced that Raphael Pascaud has decided to reduce his responsibilities and transition to a part-time position to spend more time with his family. The Company has begun an executive search for a chief marketing officer (CMO). Once a new CMO has been identified, Mr. Pascaud will transition his marketing responsibilities to that leader, but he will continue to lead business development and strategy for the Company. Mr. Pascaud will continue to report directly to Joseph. M. Hogan, the Company’s chief executive officer.
About ALIGN TECHNOLOGY, INC. (NASDAQ:ALGN)
Align Technology, Inc. designs, manufactures and markets a system of clear aligner therapy, intra-oral scanners and computer-aided design and computer-aided manufacturing (CAD/CAM) digital services used in dentistry, orthodontics and dental records storage. The Company operates through two segments: Clear Aligner segment and Scanner and Services (Scanner) segment. The Clear Aligner segment consists of its Invisalign System, which includes Invisalign Full, Express/Lite, Teen, Assist and Vivera Retainers, along with its training and ancillary products for treating malocclusion. The Scanner segment consists of intra-oral scanning systems and other services available with the intra-oral scanners that provide digital alternatives to the traditional cast models. The Company’s iTero scanner is used by dental professionals, and labs and services for restorative and orthodontic digital procedures, as well as Invisalign digital impression submission.
