Convatec Group (LSE:CTEC) said Chief Financial Officer Fiona Ryder will stand down once a successor is appointed, triggering a formal recruitment process.
Ryder will remain in post and on the Board during the transition, having stepped into the CFO role in November 2025 after serving as interim CFO from August that year.
Alongside the leadership change, Convatec said it expects first-half results to 30 June to be in line with expectations, and reaffirmed guidance for another year of double-digit adjusted earnings-per-share growth in 2026, driven by 5-7% organic revenue growth and an adjusted operating margin of at least 23%.
Convatec will report its half-year results on 4 August as planned.
The company also appointed Tobias Hestler as a Non-Executive Director and Audit and Risk Committee member, effective immediately.
Hestler was Group CFO of Haleon from its 2022 listing until 2024, and previously served as CFO of GSK plc's Consumer Healthcare Joint Ventures.
He is expected to succeed Margaret Ewing as Audit and Risk Committee Chair following a transition period.
"She stepped into the role of CFO in 2025 at a challenging time for the business, and has ensured that we didn't miss a step as we transitioned to our new Accelerate strategy", said Chief Executive Officer Jonny Mason.
