21.09.2007 12:18:00
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SORIN GROUP: Andre-Michel Ballester Appointed Chief Executive Officer
The Board of Directors of Sorin (MIL:SRN), meeting today in Milan under
the chairmanship of Umberto Rosa, co-opted André-Michel
Ballester onto the Board and appointed him Chief Executive Officer.
Since 2004 André-Michel Ballester has been
President of the Cardiac Rhythm Management Business Unit of Sorin Group,
the largest European cardiovascular company and world leader in medical
technologies for cardiac surgery.
Ballester was, from 2000 to 2004, Corporate Vice President EMEA, Asia
and Latin America for Edwards Lifesciences. For over ten years prior to
Edwards’ spin-off from Baxter, Ballester also
held several executive positions in Europe and in the USA, and was
appointed President, CardioVascular Group, Europe in 1997.
Born in Orleansville, Algeria, and raised in France, Ballester received
his M.S. degree in Engineering from Ecole Centrale, Lille, France, and
his M.B.A. from INSEAD, Fontainebleau, France.
"Our new CEO is the originator of the strong
growth shown by our Cardiac Rhythm Management business unit”
commented the Chairman, Umberto Rosa. "This
internal choice recognises unquestionable success. André-Michel
will first focus on finalisation of Sorin Group’s
new Strategic Plan, and actively start its implementation.” "I am extremely proud to become CEO of a great
company with considerable pedigree, very innovative products and an
outstanding team of people, helping treat more than one million patients
per year around the world” said André-Michel
Ballester.
At the same time, the Board of Directors acknowledged the resignation of
the Director Maurizio Dallocchio, thanking him for his considerable
contribution to the development of the Company.
About the Sorin Group
The Sorin Group (Bloomberg: SRN.IM; Reuters: SORN.MI), a world leader in
the development of medical technologies for cardiac surgery, offers
innovative therapies for cardiac rhythm dysfunctions, interventional
cardiology and the treatment of chronic kidney diseases. The Sorin Group
includes these brands: Dideco, CarboMedics, COBE Cardiovascular, Stöckert,
Mitroflow, ELA Medical, Sorin Biomedica, Bellco and Bellco-Soludia. At
the Sorin Group 4,500 employees work to serve over 5,000 public and
private treatment centers in more than 80 countries throughout the
world. For more information, please visit: www.sorin.com
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