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Tecan Group Names David Martyr To Replace CEO Thomas Bachmann - Quick Facts

2/13/2012 1:38 AM ET

Tecan Group AG (TECN.SW,TCHBF.PK) Monday reported appointing David Martyr as the successor to chief executive officer, or CEO, Thomas Bachmann, who is leaving the company with immediate effect. However, Martyr is currently fulfilling contractual obligations and is expected to take up his role no later than October 8, 2012. Until that time, the company said, Gérard Vaillant may serve as acting CEO.

Martyr served as Group President of Leica Microsystems since 2007, and concurrently also was Danaher Corp.'s vice president, in charge of the Life Science businesses. Vaillant has served on Tecan's Board of Directors since 2004.

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by RTT Staff Writer

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