ConvaTec Group Plc Announces Appointment of Brian May as A Non-Executive Director and Member of the Audit and Risk Committee and Remuneration Committee with Effect from 2 March 2020
February 27, 2020 at 06:00 am EST
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ConvaTec Group Plc announced the appointment of Brian May as a Non-Executive Director of the company and member of the Audit and Risk Committee and Remuneration Committee with effect from 2 March 2020. Brian has extensive financial and international business experience. He has overseen significant strategic growth initiatives resulting in both organic and inorganic growth and sustained shareholder returns over the long term through strong capital allocation. Brian was formerly Chief Financial Officer of Bunzl plc from 2006 to 2019 and, prior to that, he held a number of senior management finance roles with Bunzl, including divisional Finance Director, Group Treasurer and Head of Internal Audit. He qualified as a Chartered Accountant with KPMG in 1988. Brian is currently a Non-Executive Director of United Utilities Group plc and Chair of its Audit and Treasury Committees.
ConvaTec Group Plc specializes in the development, manufacturing and marketing of medical devices and products for ostomy care, wound care, incontinence and critical care. The group also offers perfusion devices. Net sales break down by area of activity as follows:
- wound care (32.5%): antimicrobial dressings, occlusive dressings, compression bandages, etc.;
- ostomy care (28.4%): skin barriers, one-piece bags, 2-piece appliance bags, urostomy bags, etc.;
- incontinence and critical care (21.3%);
- infusion (21.3%) ;
- other (0.5%).
At the end of 2023, the group operated 9 production sites worldwide.
Net sales are distributed geographically as follows: Europe/Middle East/Africa (30.2%), Americas (55.4%) and Asia/Pacific (14.4%).
ConvaTec Group Plc Announces Appointment of Brian May as A Non-Executive Director and Member of the Audit and Risk Committee and Remuneration Committee with Effect from 2 March 2020