Edwards Lifesciences Names New CFO

Edwards Lifesciences Corporation has named Scott B. Ullem as the company’s next corporate vice president, chief financial officer (CFO). Ullem succeeds Thomas M. Abate, who announced his retirement last spring.

Ullem joins Edwards from Bemis Company, Inc., where he served as vice president and CFO since 2010. He previously was vice president of finance for the company, a major supplier of packaging and pressure sensitive materials used by food, consumer products, healthcare and other companies worldwide. Prior to working for Bemis, Ullem held positions of increasing responsibility in the investment banking divisions of both The Goldman Sachs Group Inc., and Bank of America Corporation. He earned a bachelor’s degree from DePauw University in Greencastle, Ind., and an M.B.A. from Harvard Business School.

“After an extensive search, we are very pleased that Scott has agreed to join Edwards. Scott has nearly 25 years of broad financial experience, proven leadership skills and a successful record as CFO of a global public company,” said Michael A. Mussallem, Edwards’ chairman and CEO. “We are confident he will serve as a valuable and passionate partner.”

Abate has served as Edwards’ CFO since 2006. “We would like to thank Tom for his leadership at Edwards and his dedication during this transition. We wish him the very best in his retirement,” said Mussallem.

Based in Irvine, Calif., Edwards Lifesciences designs and develops heart valves and hemodynamic monitoring devices.