Convatec Group plc Announces Board Committee Changes, Effective 1 September 2020
June 30, 2020 at 02:00 am EDT
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The Board of ConvaTec Group Plc announced that in light of recent changes to the Directors that it has reconstituted the Committees of the Board. All changes shall take effect on 1 September 2020. Remuneration Committee: Brian May shall serve as Chair along with Regina Benjamin who is an existing member, and Rick Anderson shall be appointed as a new member. Margaret Ewing shall step down from the Committee. Audit and Risk Committee: Margaret Ewing shall continue to serve as Chair along with Brian May who is an existing member, and Heather Mason shall be appointed as a new member. Nomination Committee: John McAdam shall continue to serve as Chair along with Margaret Ewing and Rick Anderson who are existing members, and Regina Benjamin, Heather Mason and Brian May shall be appointed as new members.
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%).