The Medical Device Business Journal — Medical Device News & Articles | MassDevice
Covidien (NYSE:COV) said it’s searching for a new CFO after Charles Dockendorff announced his plans to retire from the company at the end of 2014.
Dockendorff has been with the company since 1989, serving in a variety of finance-related roles. He was named CFO of Covidien predecessor Tyco Healthcare in 1995, helping lead the company to $10 billion in sales in 2007.
Medical device makers in California shed fewer than 2% of their workforce over the last 5 years, suggesting that the industry remained relatively resilient during the great recession, according to a new report by the California Healthcare Institute.
The medical device industry shrank from 73,119 employees in 2007 to 71,947 in 2011, a change of about 1.6%.
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