ConvaTec Group Plc announced that the company's Board has mutually agreed with Frank Schulkes that he will step down as Director on 11 March 2022. Frank, who has been with the business since August 2017, will remain to support the company and ensure a seamless and orderly transition. Jonny Mason has been appointed as Group Chief Financial Officer (Designate) with effect from 31 January 2022, becoming Director of the Company from 12 March 2022. Jonny Mason is a seasoned CFO with an extensive track record in publicly listed and international businesses. He brings strong experience in strategic enterprise transformation and a customer orientation. He was Chief Financial Officer of Dixons Carphone Plc, now known as Currys Plc, between 2018-2021. Before that he was CFO of Halfords Plc from 2015 and was interim Chief Executive Officer between September 2017 and January 2018.
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 (29.9%): antimicrobial dressings, occlusive dressings, compression bandages, etc.;
- incontinence and critical care (26.4%);
- ostomy care (25.2%): skin barriers, one-piece bags, 2-piece appliance bags, urostomy bags, etc.;
- infusion (18.5%).
At the end of 2022, the group operated 9 production sites worldwide.
Net sales are distributed geographically as follows: Europe/Middle East/Africa (33.2%), Americas (52.6%) and Asia/Pacific (14.2%).