Convatec CEO Karim Bitar takes medical leave, shares dip
Investing.com -- Shares of British medical equipment maker Convatec Group (LON:CTEC) fell 1% on Monday after the company announced that CEO Karim Bitar will take a medical leave of absence.
The company has appointed Jonny Mason, its current Chief Financial Officer, to serve as interim CEO during Bitar’s absence.
In a related move, Convatec named Group Financial Controller Fiona Ryder as interim CFO to fill Mason’s position while he takes on the temporary leadership role.
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