SunshineI try to stay unbiased so sell me on this CFO change which I view as a negative if only because I cringe when I hear the word "Nortel". Do you know what the reasons for the previous CFOs departure were?
Change of CFO at Concordia’s subsidiary, Amdipharm Mercury Limited (AMCo)
Adeel Ahmad, previously Concordia’s Vice President of Finance, has been promoted to Chief Financial Officer of AMCo. Concordia acquired AMCo in October 2015. Mr. Ahmad replaces Peter Van Tiggelen, who served as AMCo’s CFO fromSeptember 2013 to January 2016.
“We’d like to thank Peter for helping us work through the initial integration of the two businesses,” said Mark Thompson, Concordia’s Chairman and Chief Executive Officer. “Moving ahead, we believe Adeel’s deep knowledge of Concordia’s North American operations, and the pharmaceutical sector in general, will help us maximize the international opportunity ahead of us as a result of the AMCo acquisition, and the integration of the two businesses.”