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Bain and Cinven nominate Albrecht for CEO, Keatley for CFO
September 1, 2017 / 6:00 AM / 3 months ago

Bain and Cinven nominate Albrecht for CEO, Keatley for CFO

FRANKFURT, Sept 1 (Reuters) - Private equity firms Bain and Cinven plan to nominate Claudio Albrecht as new chief executive of Stada and Mark Keatley as finance chief, they said on Friday.

Bain and Cinven this month won control of generic drugmaker Stada with a sweetened 5.3 billion-euro ($6.3 billion) bid, the largest private equity-funded takeover of a German listed company. ($1 = 0.8410 euros) (Reporting by Georgina Prodhan, editing by Thomas Escritt)

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