Business
John McAdam appointed Chairman of ConvaTec
John McAdam appointed Chairman of ConvaTec.
About this update from Convatec Group Plc
[{"type":"text","content":"\n \nRNS Number : 4098J ConvaTec Group PLC 19 August 2019 \n\nTHIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES OF ARTICLE 7 OF THE MARKET ABUSE REGULATION (EU) 596/2014\n \nJohn McAdam appointed Chairman of ConvaTec \n \nReading, United Kingdom (19 August 2019): ConvaTec Group Plc (\"ConvaTec\" or \"the Company\") today is delighted to announce that Dr John McAdam has been appointed Chairman of the Board of ConvaTec with effect from 30th September 2019, the same date as Karim Bitar joins as Chief Executive Officer of the Company.\nJohn has recently stepped down as Chairman of Rentokil Initial plc and is due to retire as Chairman of United Utilities Group PLC on 31st December 2019, having taken up the role of Chairman of both companies in 2008. He is also Senior Independent Director of Cobham plc, a position he has held since August 2017, and a Non Executive Director of Wilmcote Holdings plc since October 2018. John has previously been a Non Executive Director of a number of FTSE 100 and US companies, including Rolls-Royce Group plc, J Sainsbury plc and The Sara Lee Corporation. He spent more than two decades at Unilever before joining ICI, where he became Chief Executive in 2003 until its takeover by Akzo Nobel in 2008.\nWith 20 years' service as a board director, including as Chairman and Chief Executive Officer in companies undertaking transformation, John has a wealth of experience on which to draw in his role as Chairman and leader of the Board.\nOn 30th September, Rick Anderson will step down from his current interim role as Executive Chairman to resume his role as a Non Executive Director of ConvaTec.\nRick Anderson commented:\n\"I am delighted that John has agreed to become Chairman of the Board of ConvaTec. He brings a wealth of experience to our Company, as a senior executive, as Chairman and as a Board member of a number of leading UK companies. John brings significant transformational leadership to the Board, which will further enable the acceleration of the Transformation Initiative that we launched earlier this year. I am looking forward to working with John and Karim Bitar to realise the full potential of the Group\"\nJohn McAdam added:\n\"ConvaTec has faced a number of challenges since its listi...