Smiths Loses CEO Paul Keel After Less Than Three Years [BNN Bloomberg (Canada)]
ICU Medical, Inc. (ICUI)
Last icu medical, inc. earnings: 2/27 04:05 pm
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Source: BNN Bloomberg
He'll be replaced by company veteran Roland Carter, who has been with Smiths for more than 30 years, last leading the detection division, the London-based company said in a statement on Tuesday. Keel is returning to the US, where most of his family is based, to take on a new role as chief executive officer of a public company there, Smiths said. Under Keel, installed in 2021 to steer a transformation of the threat detection and security screening company, Smiths sold its medical division to ICU Medical Inc. for $2.35 billion, giving it a stake in the San Clemente, California-based firm. ICU beat out private equity firm TA Associates LLP to clinch the deal at the time. The company affirmed its full-year organic revenue growth forecast and launched a share buyback of £100 million ($127 million), saying it expects a “record” order book to drive growth in the second half. Smiths shares rose as much as 1.4% in London, after initially dropping as much as 1.9%. ©2024 Bloomberg L.P.
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ICUI
Earnings
- 2/27/24 - Beat
ICUI
Sec Filings
- 4/2/24 - Form ARS
- 4/2/24 - Form DEFA14A
- 4/2/24 - Form DEF
- ICUI's page on the SEC website