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news.Fresenius Medical Care, a provider of dialysis services and products, has announced that Lawrence Rosen will resign as member of the management board of Fresenius Medical Care and CFO to pursue other opportunities outside the company.
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Mr Rosen will continue in his position with Fresenius Medical Care for the time necessary to ensure a smooth transition of the CFO responsibilities. Mr Rosen has been CFO of Fresenius Medical Care since November 2003. Fresenius Medical Care expects to name a new CFO soon.
Ben Lipps, CEO of Fresenius Medical Care and chairman of the management board, said: “We thank Larry for his significant contributions to our company and wish him all the best for his new position.
“Fresenius Medical Care continues to have a very strong financial position and cash flow generation and only minor long-term refinancing needs before 2011. We expect to continue with our strong business performance across all segments and regions for the year 2009.”