CEO of UDG Healthcare's Ashfield division to retire
UDG Healthcare said on Monday that Chris Corbin, the chief executive officer of its largest division, Ashfield Commercial & Medical Services, will retire in April 2019.
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In preparation for his retirement, Corbin will transition to the role of chairman of Ashfield once his successor has been appointed.
The FTSE 250 healthcare services provider said this will facilitate a phased transition of his responsibilities over the next two and half years. In addition, he will stay on as a member of the board of directors until his retirement.
Chief executive officer Brendan McAtamney said: “I would like to thank Chris for his substantial contribution to the success of both the group and Ashfield since joining us in 2000. Under his leadership, Ashfield has developed into a leading international healthcare services organisation and a key division of the group.
“We will work closely with Chris over the next two and a half years to ensure a professional transition process and thereafter wish him the very best in retirement.”
At 1445 BST, the shares were up 1.4% to 635.00p.