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Convatec names Jonny Mason CEO and Fiona Ryder CFO

ALN

Convatec Group PLC on Thursday announced the permanent appointments of Jonny Mason as chief executive officer and Fiona Ryder as chief financial officer, completing a leadership transition that began earlier this year.

The London-based medical products and technologies said both appointments are effective immediately.

Mason, who joined Convatec in 2022 as CFO and was named interim CEO in August, succeeds former CEO Karim Bitar, who stepped down earlier this year after leading the company over the last six years.

Ryder, previously interim CFO, joined the firm in 2022 as group financial controller.

Chair John McAdam said Mason had shown ‘exceptional leadership’ during his time as finance chief and earned the board’s confidence to ‘build on the successful transformation led by Karim.’

He added that Ryder’s promotion ‘demonstrates the strength of internal talent’ and recognised her role in delivering the company’s focus on simplification and productivity as part of its ‘FISBE’ strategy.

Mason said: ‘Convatec is a brilliant business, full of talented colleagues, making a real difference to the lives of millions of people around the world. As we accelerate our growth and scale up the richest innovation pipeline in Convatec’s history, we have significant potential ahead of us.’

He added that he was determined to prove that the company’s ‘best days are ahead of us.’

Ryder said she looked forward to building on the group’s progress: ‘The opportunities ahead of us are substantial. I’m looking forward to continuing to work with Jonny and the team to deliver our plans for the benefit of all our stakeholders.’

Shares in Convatec were down 1.3% at 239.40 pence each in London on Thursday morning.

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