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Covetrus Inc. (Nasdaq: CVET) continues to revamp its leadership team with the addition of a new chief human resources officer, chief product officer and board member.
The Portland animal-health technology and services company announced the promotion of Ditte Marstrand Wulf to global chief human resources officer, effective Aug. 1.
Marstrand Wulf will direct all aspects of global human resources, according to a news release, and will work with Dustin Finer, Covetrus chief administrative officer, in leading human capital initiatives, including talent management and employee engagement.
She has more than 20 years of experience in leading HR strategy for global companies across multiple industries. Her background includes change management, mergers and acquisitions, team development, human resource strategy, and diversity and inclusion strategy.
Before her promotion, Marstrand Wulf served as the company’s European vice president of human resources.
“This past year, Ditte has been instrumental in establishing a strong connection for Covetrus across the European region, especially the unification of the European HR team,” Finer said in a news release.
Marstrand Wulf joined Covetrus in 2019. Before that, she served as the group chief human resources officer for BMI Group Ltd, a global manufacturer of roofing systems. She has also led diversity and inclusion efforts at RSA Ltd, a global insurance service provider as well as at Microsoft, where she had several international HR director positions.
In addition, she was a diversity and inclusion advisor to her home country of Denmark’s ministry of foreign affairs.
In June, Covetrus named health care technology veteran Arman Samani as its new chief product officer.
Samani will be responsible for developing and driving the vision and strategy across Covetrus software products to fuel the company’s future growth, and will lead global product teams. He brings more than 20 years of experience in health care software solutions at companies including 3M, Allscripts, MEDHOST and AdvancedMD.
Most recently, he was chief operating officer of AdvancedMD, where he was responsible for product management, product marketing, engineering, platform operations and customer and technical services. Among his accomplishments, he led the migration of legacy technology to the public cloud, as well as building cloud-native health care solutions.
In addition, Covetrus has named to its board of directors Sandi Peterson, who serves as an operating partner at private investment firm Clayton, Dubilier & Rice.
The appointment increased the number of directors serving on the Covetrus board to 10.
“Sandi’s wealth of experience in large, global businesses that span the intersection of health care, consumer and technology makes her the perfect addition to the Covetrus board," Philip A. Laskawy, Covetrus chairman, said in a news release.
Peterson has a long career of driving growth, operational improvement and innovation across global health care and consumer businesses. She has held executive roles at Johnson & Johnson, where she was group worldwide chairman, led the consumer and medical devices businesses and was responsible for the corporation’s global supply chain, technology strategy and infrastructure
She also served at Bayer, where she held numerous positions including the CEO of Bayer CropScience AG, CEO of Bayer Medical Care and president of Bayer HealthCare AG’s Diabetes Care Division.
Peterson started her career at McKinsey and has held executive positions at Medco Health Solutions, Nabisco, and Whirlpool.
She is a member of the Microsoft board of directors and is on the board of trustees of the Institute for Advanced Study and the American Academy in Berlin. She has appeared on Fortune magazine’s list of most powerful women numerous times and was featured on the magazine’s inaugural list of leaders changing health care.
The latest round of appointments followed an earlier one in May, when Matthew Foulston was made CFO, succeeding Stuart Gleichenhaus, who was serving on an interim basis; Matthew Malenfant was named incoming president of the company's North American distribution business; and Steve Palmucci was appointed global chief information officer, replacing Larry Rowland, who had been serving as a consultant and interim CEO since 2018.
Covetrus Inc. is a global animal-health technology and services company dedicated to empowering veterinary practice partners to drive improved health and financial outcomes. The company was formed by the merger of Portland-based Vets First Choice, founded in 2010, and the veterinary products business of Henry Schein Inc. (Nasdaq: HSIC) in Melville, N.Y. Based on 2019 revenue of $4 billion, Covetrus is Maine's largest publicly traded company. It is headquartered in Portland, with more than 5,500 employees serving over 100,000 customers around the world.
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