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Medical device maker ConvaTec names Karim Bitar CEO

Reuters - UK Focus

March 25 (Reuters) - British medical devices maker ConvaTec Group Plc on Monday named Genus Plc's top boss Karim Bitar as its chief executive officer and said Chairman Christopher Gent would retire from his role.

The company said outgoing Chief Executive Officer Rick Anderson will become executive chairman on a temporary basis from May 9 and continue working with the senior leadership until Bitar joins on Sept. 30. After that, Anderson will serve as interim non-executive chair.

The announcement, which confirms a Sky News report, comes after the catheter and colostomy bag maker reported disappointing annual results and launched a turnaround plan in February. (Reporting by Shashwat Awasthi and Tanishaa Nadkar in Bengaluru; Editing by Bernard Orr)