John Kleckner
About John Kleckner
John Kleckner is Enovis’s Vice President, Controller and Chief Accounting Officer (principal accounting officer), appointed effective May 13, 2022, after serving as the MedTech segment Controller since July 2021 . He is a Certified Public Accountant with a B.B.A. and M.Acc. from Baylor University; prior roles include senior manager at PwC (US and Europe), Senior Director and Corporate Controller at HMS (2019–2021), and senior finance roles at Denbury Resources (2010–2019) . He has signed Enovis’s periodic reports and earnings 8-Ks as principal accounting officer across 2022–2025, evidencing continuity of internal control oversight . Company incentive design ties executive pay to pre-set financial/operational AIP goals and longer-term equity (RSUs, options, PRSUs with relative TSR), with clawback, hedging/pledging prohibitions, and capped payouts; individual metrics and payouts for the CAO are not separately disclosed in the proxy .
Past Roles
| Organization | Role | Years | Strategic impact |
|---|---|---|---|
| Enovis (formerly Colfax) | MedTech Segment Controller; then appointed VP, Controller and Chief Accounting Officer (Principal Accounting Officer) | 2021–present; appointed CAO effective 05/13/2022 | Segment controller for MedTech; transition to principal accounting officer supporting financial reporting and controls |
| HMS (Healthcare Management Systems) | Senior Director and Corporate Controller | 2019–2021 | Corporate controllership in healthcare technology |
| Denbury Resources | Senior finance roles | 2010–2019 | Senior financial leadership; M&A and business improvement initiatives |
| PwC (US and Europe) | Senior Manager | (prior to 2010) | Audit/assurance background across US and Europe markets |
External Roles
| Organization | Role | Years | Notes |
|---|---|---|---|
| — | — | — | No current external directorships disclosed in company filings reviewed . |
Fixed Compensation
- Not separately disclosed as a Named Executive Officer (NEO) in Enovis’s 2025, 2024, or 2023 proxy statements; therefore, base salary, target bonus and actual bonus for the CAO are not itemized in those filings .
Performance Compensation
Company-wide executive incentive design (applies broadly to senior executives; CAO-specific weights/targets not disclosed):
- Annual Incentive Plan (AIP): linked to pre-established financial and operational goals; payouts are capped .
- Long-term incentives: mix of stock options, RSUs, and PRSUs; PRSUs measured on relative total shareholder return (TSR); no options repricing without shareholder approval .
- Risk controls: clawback policy adopted in September 2023 (NYSE/SEC-compliant); hedging and pledging of company stock prohibited; Rule 10b5-1 plans require legal pre-clearance .
| Incentive type | Metric framework | Vesting/holding | Notable governance |
|---|---|---|---|
| AIP (cash) | Pre-set financial and operational goals; capped payouts | Annual performance year | Subject to clawback; insider trading policy enforced . |
| PRSUs | Relative TSR vs peer/index as disclosed for PRSUs; company uses relative TSR in PRSU design | Typically 3-year performance period | Subject to clawback; double-trigger CoC for covered executives (company policy) . |
| RSUs/Options | Time-based vesting (no standard vest <1 yr); no option repricing | Multi-year vesting | Hedging/pledging prohibited; ownership policy in place . |
Note: Specific metric weights, targets, and CAO payout outcomes are not disclosed for Mr. Kleckner in the proxy .
Equity Ownership & Alignment
| As of | Security | Amount | Ownership form | Notes |
|---|---|---|---|---|
| 05/23/2022 (Form 3) | Common stock | 1,705 | Direct | Initial statement of beneficial ownership upon assuming principal accounting officer role . |
- Stock ownership/hedging/pledging: Company policy prohibits hedging and pledging of Enovis stock by directors and executive officers; ownership guidelines apply to executives; pledged shares do not count toward ownership requirements (prior grandfathering for a director was eliminated in 2022) .
- Clawback: Enovis adopted a clawback policy effective September 20, 2023; filed as Exhibit 97.1 to the 2023 Form 10-K .
Employment Terms
| Item | Disclosure |
|---|---|
| Appointment | Expected appointment as principal accounting officer effective May 13, 2022 (announced Feb 8, 2022); age 45 at that time . |
| Current role | Vice President, Controller and Chief Accounting Officer; principal accounting officer; signatory on 10-K/10-Q/8-K filings . |
| Employment agreement / severance | The 2025 proxy enumerates employment/CIC agreements for certain executives (CEO, CFO, EVP, CLO, CHRO); Mr. Kleckner is not named among those agreements in the cited sections. Individual CAO contract terms are not disclosed in the proxy sections reviewed . |
| Clawback / insider trading | Clawback policy in place; insider trading policy requires pre-clearance for 10b5-1 plans and bans hedging/derivatives . |
| Change-in-control (CIC) | Company employs double-trigger CIC severance for covered executives (two times salary+target bonus cap), with equity treatment governed by plan documents; CAO-specific CIC terms not disclosed in the proxy sections reviewed . |
Investment Implications
- Alignment: The CAO role is subject to Enovis’s robust governance—clawback, hedging/pledging bans, and ownership policies—supporting alignment and reducing risk of forced selling from margin pledges; however, individual CAO ownership and pay details are limited in public proxies since he is not an NEO .
- Retention risk: Because CAO-specific employment, severance, and CIC economics are not disclosed in proxy sections reviewed, visibility into guaranteed vs at-risk pay and protections is lower than for NEOs; monitoring future 8-K Item 5.02 filings is prudent for any compensation changes .
- Trading signals: Initial Form 3 shows modest share ownership (1,705 shares as of May 2022); future Section 16 filings (Forms 4/5) would be key for gauging selling pressure or grant activity; absence of pledging/hedging reduces leverage-related sell risk by policy .
- Execution/controls: Continuous principal accounting officer sign-offs on quarterly and annual filings from 2022–2025 indicate stability in financial reporting leadership, a positive qualitative indicator for internal controls during a period of strategic activity (e.g., Lima acquisition and subsequent reporting) .
Actionable next steps: watch for any CAO-targeted grants in future proxies/8-Ks, Section 16 trading plans or Form 4 activity for timing/size of sales around vesting dates, and any changes to executive officer designations that could bring the CAO into NEO disclosure in subsequent proxies .