Last checked at 3 Apr 2017 15:00
Executive Committee
READING, UNITED KINGDOM (3 April 2017) - It is with deep regret that the Company announces the death of Mike Sgrignari, Executive Vice President, Operations and member of the Executive Committee of ConvaTec Group Plc.
Paul Moraviec, Chief Executive Officer, said:
"Mike was a hugely talented executive who made a significant and valuable contribution to the development and performance of the Company. On behalf of the management and employees of ConvaTec I wish to publicly express our condolences to Mike's family, colleagues both past and present and friends, for their loss."
Since joining ConvaTec in 2015, Mike has built a strong and highly experienced team which will continue to focus on the execution of the Company's Margin Improvement Programme.
Robert Steele, Executive Vice President, Quality, Regulatory & Clinical Affairs will assume interim responsibility for the Operations function.
Enquiries
ConvaTec
Bobby Leach, VP Group Corporate Affairs +44 (0)7770 842226
Kirsty Law, Director Investor Relations +44 (0)7470 909582
Finsbury
Rebecca Fitchett +44 (0)207 2513801
About ConvaTec
ConvaTec is a global medical products and technologies company focused on therapies for the management of chronic conditions, with leading market positions in advanced wound care, ostomy care, continence and critical care, and infusion devices. Our products provide a range of clinical and economic benefits including infection prevention, protection of at-risk skin, improved patient outcomes and reduced total cost of care. To learn more about ConvaTec, please visit www.convatecgroup.com where a copy of this announcement can also be found.
"Nordic Capital" refers to Nordic Capital VII Limited, acting in its capacity as General Partner of Nordic Capital VII Alpha, L.P. and Nordic Capital VII Beta, L.P. together with associated co-investment vehicles and Nordic Capital VI Limited, acting in its capacity as General Partner of Nordic Capital VI Alpha, L.P. and Nordic Capital VI Beta, L.P. together with associated co-investment vehicles.
"Avista" is the limited liability companies and limited partnerships managed by Avista Capital Managing Member, LLC with interests in ConvaTec, including Avista Capital Partners LP, Avista Capital Partners II LP and their affiliated funds and co-invest vehicles.