Robert Hureau Named Executive Vice President, Chief Financial Officer for
SAN ANTONIO -- April 09, 2013
Kinetic Concepts, Inc. today announced that Robert Hureau has been appointed
Executive Vice President, Chief Financial Officer.
As Executive Vice President, CFO, Hureau will be responsible for internal and
external financial reporting and all operational aspects of financial
decision-making systems and processes, including compliance, accounting
reporting and budgeting. As a key member of the senior leadership team, Hureau
will lead financial due diligence, contract negotiations and final deal
transaction for merger and acquisition targets. He will also contribute to the
development and execution of business and financial strategies.
Hureau has over 20 years of experience in financial accounting, reporting,
planning and analysis. In addition, he has significant experience in capital
markets transactions, mergers and acquisitions, business integration and
overall financial and business strategy. He has spent the last six years in
various leadership roles at Sensata Technology Holdings N.V., including
Corporate Controller, Chief Accounting Officer and, for the last two years,
Senior Vice President, Chief Financial Officer. Hureau was instrumental in
helping lead the company during the transition from privately-held to
publicly-held. Previously, he has held other finance leadership positions with
Brooks Eckerd Pharmacy, Ocean Spray Cranberries, Inc. and Coca-Cola
Enterprises, Inc. Hureau is a certified public accountant and began his career
at Coopers & Lybrand.
“Bob has a proven track record of focused and responsible fiscal leadership
and we’re excited to have him as part of our team,” said Joe Woody, president
& CEO, KCI. “His deep understanding of financial management, along with his
global business insight, will be invaluable to KCI as we continue to bring
transformational healing solutions to patients around the world.”
“I’m excited to be joining a talented management team committed to growing the
business, innovative technologies and transformational healing solutions that
improve the lives of patients,” said Hureau. “I look forward to playing a key
role in future development and success at KCI.”
Hureau is expected to join the KCI team in early May.
Kinetic Concepts, Inc. (KCI) is a leading global medical technology company
devoted to understanding, developing and commercializing innovative,
high-technology transformational healing solutions for customers and patients
in more than 25 countries around the world. Headquartered in San Antonio,
Texas, KCI is committed to advancing the science of healing and positively
impacting patient care by developing customer-driven innovations to meet the
evolving needs of healthcare professionals. Proprietary KCI negative pressure
technologies have revolutionized the way in which caregivers treat a wide
variety of wound types. The V.A.C.^® Therapy System has been used on more than
7 million wounds worldwide. Additional information about KCI and its products
is available at www.KCI1.com.
KCI Corporate Communications
Mike Barger, 210-255-6824
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