Michelle Roy appointed as new CFO
Michelle Roy appointed CFO
May 21 2014
Mölnlycke Health Care today announces the appointment of Michelle Roy as Chief Financial Officer (CFO). Michelle will join the Company in June, 2014 as the current CFO, Steve Hamlett, has announced his intention to retire.
Michelle Roy is a US citizen and has a broad, international background of senior roles within accounting, controlling and financial planning. Most recently, she was Vice President of Finance for the International division of Align Technology, a California-based orthodontics company.
Steve Hamlett, who is retiring at the end of 2014, has worked as CFO for Mölnlycke Health Care for eight years, overseeing a period of sustained organic growth and M&A activity. During this time, Mölnlycke Health Care has seen consistently high levels of cash generation and deleveraging, culminating in the company's re-financing, completed in September of 2013.
Richard Twomey, CEO of Mölnlycke Health Care, said:
"On behalf of the Board, I thank Steve for his many years of service and commitment. Steve's leadership has been a key contributor to the company's success to date and I wish him well in his retirement.
"I am very pleased to be welcoming Michelle to Mölnlycke Health Care. Her experience from the US, EMEA and Asia Pacific regions will be a great asset to us, as we continue to invest in growing our business."