Maria Carell resigns as President and CEO of Q-Med
(Thomson Reuters ONE) -
Carina Bolin appointed as interim Chief Executive Officer
Today, March 9, 2011, Maria Carell is resigning from the position of President
and Chief Executive Officer of Q-Med AB (publ), with immediate effect. The Board
of Directors has appointed Carina Bolin, the company's General Counsel since
2002, as interim CEO.
"We were fortunate to recruit Maria to serve as President and CEO and in this
capacity she has created real value for shareholders", comments Anders Milton,
Chairman of the Bid Committee[1] and Director of the Board. "We have been able
to observe that Maria's leadership, her values and competence have delivered
results. Through an increased sales and market focus, Q-Med's position as the
leading company within esthetic beauty treatments has been strengthened."
"It feels natural for me to leave now when Galderma is taking over," says Maria
Carell. "The role of CEO of a company listed on the stock exchange, for which I
was recruited, no longer exists. Q-Med will now be integrated and become the
esthetic division of Galderma. Q-Med is a fantastic company with great overall
competence and I am proud of what Q-Med's organization has achieved. The merged
company has a bright future, of that I am sure," concludes Maria Carell.
"Maria's leadership and careful stewardship of Q-Med during this transition
phase has been very much appreciated," says Humberto C Antunes, President and
CEO of Galderma. "We are impressed by Q-Med's accomplishments and are convinced
our combined organization will be better able to serve our customers and expand
this fast growing market."
Carina Bolin, who will serve in the capacity of interim CEO, joined Q-Med in
January 2000 as legal counsel. She has served in the capacity of General Counsel
since 2002. Q-Med has applied for delisting of the Company's shares and has
announced an Extraordinary General Meeting on March 28, as previously published
on March 3, 2011 in a press release.
Queries should be addressed to:
Karin Falck, Head of Corporate Communications
Tel: +46 (0) 70-974 90 15
The information in this press release is such as that which Q-Med is required to
disclose in accordance with the Swedish Securities Market Act and/or the
Financial Instruments Trading Act. The information was submitted for disclosure
at 7.30 a.m.
on March 9, 2011.
Q-Med AB is a medical device company that develops, manufactures, markets, and
sells high quality medical implants for esthetic and medical use. The majority
of the products are based on the company's patented technology, NASHA(TM), for
the production of stabilized non-animal hyaluronic acid. The product portfolio
today contains: Restylane® for filling lines and folds, contouring and creating
volume in the face, Macrolane(TM) for body contouring, Durolane(TM) for the
treatment of osteoarthritis of the hip and knee joints, Deflux® for the
treatment of vesicoureteral reflux, VUR, (a malformation of the urinary bladder)
in children, and Solesta® for the treatment of fecal incontinence. Sales are
made through the company's own subsidiaries or distributors in over 70
countries. Q Med has about 650 coworkers, with almost 400 at the company's head
office and production facility in Uppsala, Sweden. Q-Med AB is listed in the Mid
Cap segment of the NASDAQ OMX Nordic.
Q-Med AB (publ), Seminariegatan 21, SE-752 28 Uppsala, Sweden. Corporate
identity number 556258-6882.
Tel: +46 18 474 90 00. Fax: +46 18 474 90 01. E-mail:info(at)q-med.com. Web: www.q-
med.com
[1] The Bid Committee, which has been established by the Board, consists of the
directors of the board Anders Milton, Bertil Hult and Ulf Mattson.
Press Release PDF:
http://hugin.info/130306/R/1495561/431341.pdf
This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: Q-Med AB via Thomson Reuters ONE
[HUG#1495561]
Unternehmensinformation / Kurzprofil:
Datum: 09.03.2011 - 08:00 Uhr
Sprache: Deutsch
News-ID 52271
Anzahl Zeichen: 4707
contact information:
Town:
Uppsala
Kategorie:
Business News
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"Maria Carell resigns as President and CEO of Q-Med"
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