Fresenius SE, the German healthcare company, has announced the appointment of Stephan Sturm, as its new CEO.
Strum, who would take charge from July 1, has been the CFO of the company since 2005.
Sturm would be replacing Ulf Mark Schneider who was with the company for 13-long years. The German healthcare group has quadrupled its sales during Schneider’s tenure. Schneider is joining Nestle SA as CEO from 1st Jan, 2017.