Its shares have long been propped up by takeover talk, amid speculation it could be acquired by a U.S. competitor such as Stryker (Nawana will take over from Bohuon, who said in October he would leave before the end of 2018, on May 7. Dr. Yeung with wife Eileen and Dr. Yonas . In his short time at the helm of the British firm, Nawana, former head of U.S. diagnostics company Alere, overhauled its leadership team and sharpened the company's focus on product divisions to boost development.In May, Smith+Nephew raised its full-year revenue forecast after reporting a better-than-expected first-half profit, boosted by higher demand and growth in emerging markets.Diggelmann, who has over 20 years of experience in the orthopaedics and diagnostics sectors, has been serving as a non-executive director on Smith+Nephew's board since March 2018.Nawana will also step down from Smith+Nephew's board at the end of this mo (Reporting by Uday Sampath in Bengaluru; Editing by Shounak Dasgupta and Rashmi Aich) ALERE INC, Namal Nawana made $8,574,312 in total compensation. (Reuters) - Artificial hip and knee maker Smith+Nephew Plc said on Monday Namal Nawana would step down as chief executive officer, after just 17 months on the job, while former Roche Diagnostics head Roland Diggelmann would be succeeding him. Upper management knows of the poor behavior as they are part of the problem and nothing is ever done. Namal Nawana, who will replace Olivier Bohuon as CEO of the British company next month, most recently headed medical diagnostics firm Alere, where he oversaw its … Roland Diggelmann has been appointed to Accelerate Diagnostics' board of directors. MOVE ON. Mr. Namal Nawana Independent Director: Ms. Amy A. McBride-Wendell Independent Director: Log In.
Alere announced 2 major transactions today, selling its BBI diagnostics business and acquiring the assets of U.S. Diagnostics.. LONDON (Reuters) - Artificial hip and knee maker Smith & Nephew (Namal Nawana, who will replace Olivier Bohuon as CEO of the British company next month, most recently headed medical diagnostics firm Alere, where he oversaw its $5.3 billion sale to Abbott (Smith & Nephew Chairman Roberto Quarta said Nawana had “demonstrated that he can energise businesses to deliver better performance and greater value to shareholders.” The medical technology firm, which also has wound-care and sports medicine units, is under pressure to improve margins and find new sources of growth as it competes with bigger rivals. Rajesh Rajpal. LONDON, April 4 (Reuters) - Artificial hip and knee maker Smith & Nephew said on Wednesday it had appointed Namal Nawana to replace Olivier Bohuon as chief executive of the British company next month. Sri Lankan-born Alere CEO Namal Nawana would receive about $11.1 million in one-time payouts after the Alere’s acquisition completed by Abbott Laboratories, according to media reports. Nawana took over as CEO when Alere founder and former CEO Ron Zwanzger resigned in 2014, India New England News reported on Thursday. Reporting by Ben Hirschler and Paul Sandle; Editing by Louise Heavens and Mark PotterFILE PHOTO: Doctors and medical staff work during a knee prosthesis surgery in an operation room at the hospital of the Canton of Nidwalden in Stans, October 27, 2011. Gail Boudreaux . I would not want my wife to work here. Rajesh Rajpal Chief Medical Officer and Global Head of Clinical and Medical Affairs at Johnson & Johnson Vision. REUTERS/Michael Buholzer/File Photo
Greater Boston Area. Diggelmann previously served as CEO of Roche Diagnostics, and also worked in the orthopedics sector at Sulzer Orthopedics and Zimmer Group. Diggelmann is currently CEO of Smith+Nephew, a British medical equipment manufacturing company, having recently succeeded Namal Nawana, the former CEO of Alere. Nalla Neram is about Raju's choice between love (his wife) and friendship (his loyal and Walter Eisner. By Uday Sampath Kumar (Reuters) - Smith+Nephew Plc
The place is a good ol' boys club. ... Nawana Lands COO Role at Alere, Inc. Namal Nawana, the recently departed head of DePuySynthes Spine, has a new job as COO of Alere, ... Advertisement. Nawana is a veteran of the medical devices industry, having previously spent more than 15 years at Johnson & Johnson (He joined Alere as chief operating officer in December 2012, before being promoted to CEO. His base salary will be $1.54 million a year.
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