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New CFO Synlab Group
Munich, 19 June 2017 - Synlab Group ('Synlab' or 'the Group') today announces the appointment of Sami Badarani as Group CFO with effect from July 1, 2017.
Sami is a highly experienced CFO across several industries and international markets. He was formerly CFO of Bureau Veritas, the global testing, inspection and certification firm; Director of Group Finance of Alliance Boots, the international pharmacy-led health and beauty group, and CFO of GE Energy Contractual Services, a global services business. He is currently a non-executive Director at DNV GL which provides services to advance the safety and sustainability of businesses worldwide. Sami is a French national who has worked in senior finance roles for global businesses based in France, the UK and USA.
Sami will replace Vincent Marcel who steps down as Synlab Group CFO to pursue other business interests. Vincent became Synlab Group CFO in January 2016 following the Labco-Synlab combination. He was formerly CFO of Labco since 2011 and was instrumental in the growth and transformation of Labco and the successful sale of the business to Cinven in July 2015.
Dr. Bartl Wimmer, Synlab Group CEO, commented:
"I am pleased to welcome Sami as the new Group CFO. He brings significant experience to the Board of Synlab given his previous CFO positions at several leading global businesses. He joins at an exciting time as Synlab continues to grow internationally through acquisition and further organic growth. On behalf of the entire Board, we look forward to working with him to ensure that the business remains well capitalised and has the optimum capital structure to take advantage of ongoing growth opportunities."
"I would like to thank Vincent for his significant contribution to the success of the Synlab business. He became Synlab Group CFO following the combination of Synlab and Labco and steps down with the Group in a strong financial position and extremely well positioned for further expansion. We wish him every success with his future career."
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