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Bausch & Lomb appoints new chairman and CEO

Eye care company Bausch & Lomb has named Gerald Ostrov as its new chairman and CEO, effective immediately. Current chairman and CEO Ronald Zarrella, will retire in March and serve as chairman emeritus.

Most recently, Mr Ostrov was company group chairman, Worldwide Vision Care, for Johnson & Johnson, where he led the company’s global Vision Care businesses from 1998 to 2006. Mr Ostrov first joined Johnson & Johnson in 1976, before leaving for Ciba-Geigy in 1982.

He was named president, Ciba Consumer Pharmaceuticals, in 1985. In 1991, he returned to Johnson & Johnson as president of its Personal Products business, and then became company group chairman for its North American Consumer and Personal Care businesses.