Haemonetics (NYSE:HAE) added the outgoing CFO of Covidien (NYSE:COV), Charles Dockendorff, to its board of directors and said another director is stepping down to focus on his CEO duties.
Dockendorff has been the finance chief at Mansfield, Mass.-based Covidien since 1995.
Early this year Dockendorff announced plans to step down at the end of 2014 after a 25-year run in the companies that evolved into Covidien. He joined Kendall Healthcare Products, the foundation of Covidien formerly known as Tyco Healthcare, in 1989 as controller and was named vice president and controller in 1994, according to a press release.
"Chuck is a highly-respected healthcare industry leader. He brings an extensive financial management and planning background to our board, along with considerable experience with one of the world’s premier healthcare products companies. His contributions will help to guide the company as it seeks to grow market share and provide industry leading returns to shareholders,"Haemonetics chairman Richard Meelia– himself a Covidien veteran who retired as CEO in 2011 – said in prepared remarks.
"Blood management is a key element of the health care continuum globally, as patient care advances and the focus on reducing costs continues to be a priority. Haemonetics is very well positioned with solutions to help our collection and hospital customers address these opportunities," Dockendorff added. "I look forward to joining the Board of Directors and serving the company’s shareholders."
Haemonetics also said that Paul Black resigned from its board effective July 31, "based on his desire to focus more of his time in his role" as president & CEO of Allscripts (NSDQ:MDRX)," according to a regulatory filing.
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