Integra LifeSciences’ CEO leaving to become CEO of GE Healthcare

Integra LifeSciences’ CEO and president is leaving at year-end to become CEO and president of GE Healthcare, the Princeton-based company announced Thursday.

The medical technology company has begun a formal search to replace Peter Arduini, who will stay on through Dec. 31 or until a new CEO and president is named. The board of directors has appointed a special committee to direct the search and transition, with the assistance of search firm Heidrick & Struggles Inc. The company said the process would include internal and external candidates.

“On behalf of our entire organization, I want to thank Pete for his inspirational leadership and dedication over the past 11 years,” Stuart Essig, chairman of the board, said in a prepared statement. “Pete has been instrumental in transforming and shaping Integra into the company it is today — a mission-driven organization positively impacting the lives of millions of patients annually.”