STERIS Announces Chief Financial Officer Transition

Company Transition - Michael J. Tokich is stepping down as CFO after 17 years, effective August 18, 2025, and will become Senior Financial Advisor [2][3] - Karen L. Burton, currently Chief Accounting Officer, will succeed Tokich as CFO [4][5] Financial Performance - Under Tokich's leadership, STERIS's revenue has quadrupled, and market capitalization has increased from $1 billion to $22 billion [3] Leadership Background - Tokich joined STERIS in 2000 and has held various roles, including Assistant Controller, before becoming CFO in 2008 [3][4] - Burton has been with STERIS since 2004, progressing from Assistant Controller to Chief Accounting Officer in 2017 [4][5] Transition Planning - The transition has been described as well-planned, with both Tokich and Burton having worked closely together for 20 years [4][5] - Burton will join STERIS's senior executive board and oversee all global finance functions and IT [4]