Bangalore: GE Healthcare Nominated for Tuesday James Succaro hired him from a rival company as financial director medical device manufacturer Baxter He has held the same position at International Inc for about eight years.
He plans to retire at the end of May, Baxter appointed by saying Brian Stevens Acting as Interim Chief Financial Officer while searching for a new CFO. Departure of Saccharo After working for a total of 21 years, he retired from Baxter because he came to Japan because the company plans to sell its business. Biopharmaceutical solution business and planning a spin-off renal care unit.
The company announced Monday that a private equity group that includes Warburg Pincus and Advent International has agreed to acquire the company’s biopharmaceutical solutions division for $4.25 billion. GE Healthcare Incumbent CFO Helmut Zodl said he would continue to lead a special project on the separation from GE.
The company had recently spun off from the conglomerate GE as a result of regulatory uncertainty and a weak performance in its renewable energy business put the combined division in a difficult position.