Cochlear CEO Chris Roberts to retire

After 12 years at the helm, Cochlear (ASX:COH) chief executive Dr Chris Roberts has announced he will leave the company in August. Cochlear implant sales tripled under Dr Roberts’ leadership, while net profit and the share price increased four-fold.Chris Smith, Cochlear’s head of North American operations, will succeed him. Mr Smith joined Cochlear in August 2004 and has led the US operations for almost as long as Dr Roberts has been CEO."It is time to hand over the leadership baton ... The company is ideally placed to grow and continue bringing the gift of hearing to many more people around...

After 12 years at the helm, Cochlear (ASX:COH) chief executive Dr Chris Roberts has announced he will leave the company in August. Cochlear implant sales tripled under Dr Roberts’ leadership, while net profit and the share price increased four-fold.

Chris Smith, Cochlear’s head of North American operations, will succeed him. Mr Smith joined Cochlear in August 2004 and has led the US operations for almost as long as Dr Roberts has been CEO.

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