Fresenius Medical Care Appoints Ronal;d Kuerbits As Board Member - Quick Facts

Fresenius Medical Care Approves EUR385 Mln Share Buy-back Program

Trade FMS now with

9/17/2012 2:37 AM ET

Fresenius Medical Care AG (FMS: Quote) Monday announced a change in the Management Board as part of the succession plan to ensure smooth transition in the leadership in North America.

The world's largest provider of dialysis products and services stated that the Supervisory Board has appointed Ronald (Ron) Kuerbitz as a Management Board member, effective January 1, 2013. Mr. Kuerbitz will succeed Rice Powell as CEO of Fresenius Medical Care North America.

Ron Kuerbitz currently serves as Executive Vice President responsible for Market Development and Administration for Fresenius Medical Care North America.

'We are pleased to facilitate an orderly transition process with the appointment of Ron Kuerbitz as CEO for Fresenius Medical Care North America,' said Ben Lipps, Chief Executive Officer of Fresenius Medical Care and Chairman of the Management Board.

Click here to receive FREE breaking news email alerts for Fresenius Medical Care AG and others in your portfolio

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Quick Facts

<<Previous 154 Articles

Editors Pick

Adobe Profit Tops Estimate

Publishing and design software maker Adobe Systems Inc. said Tuesday after the markets closed that its second quarter profit fell 66% from last year, hurt by lower revenue as well as higher costs and expenses. However, the company's quarterly earnings per share, excluding items, came in above analysts' expectations and its quarterly revenue was in line with analysts' forecast.

Stocks Show Strong Upward Move Ahead Of Fed Announcement - U.S. Commentary

Stocks showed a strong upward move over the course of the trading day on Tuesday, adding to the gains posted in the previous session. The rally came even as traders expressed some uncertainty ahead of tomorrow's Federal Reserve announcement. The major averages gave back some ground going into the close but remained firmly in positive territory.

Boehner Indicates Immigration Bill Must Have Majority GOP Support

In a potential roadblock to comprehensive immigration reform legislation, House Speaker John Boehner, R-Ohio, indicated Tuesday that he would not bring a bill to the floor unless it is supported by a majority of House Republicans.