Hip and knee replacement specialist Corin has named Stefano Alfonsi as its new Chief Executive Officer and acting Chairman.
The appointment follows the group's takeover by investment vehicle 2IL Orthopaedics in a 70p per share cash offer valuing the company at around £30.5m.
MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE
Sign up to Money Morning
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Marco Fumagalli, Enrico Amo and Pierluca Antolini, all of whom are directors at 2IL Orthopaedics, have been appointed to the board of Corin as non-executive directors.
Stefano Alfonsi, who will start work at Corin following a short transitional period, is currently employed by the medical devices company Inion.
Alfonsi has also held senior positions at Johnson and Johnson, DePuy and Covidien and most recently as Chief Executive Officer of Lima.
CJ
-
Reeves warned against property tax shake-up – 3 ways it could backfire on first-time buyersRachel Reeves reportedly has her eye on high-end property taxes in the upcoming Budget, but there are concerns a shake-up could unintentionally hamper those trying to get on the housing ladder
-
Average Brits want to retire five years before they can – who has the widest retirement gap?Brits are expecting to work for longer than ever but there are big disparities in the number of extra working years predicted. A small tweak could help close the gap
