Peter
CORIN GROUP PLC
Peter Huntley appointed Chief Executive
Corin Group PLC (LSE: CRG), a leading manufacturer and supplier of orthopaedic devices, has appointed Peter Huntley Chief Executive with effect from 1 February 2008. He succeeds Ian Paling who stepped down in November 2007 for personal reasons.
For the last four years, Peter has been Group Director, Indirect Markets at Smith & Nephew plc, responsible for the Group’s sales and marketing operations in 23 countries around the world, representing all four of Smith & Nephew’s strategic business units of Orthopaedic Reconstruction, Orthopaedic Trauma, Endoscopy and Wound Management.
Prior to that, he was for six years Group Director, Strategy and Business Development at Smith & Nephew, with responsibility for Group-wide strategy, acquisitions, divestments and business development. He played an integral role in the strategic review in 1998, the subsequent restructuring programme to focus Smith & Nephew on the four global businesses, and the subsequent growth of the Group.
Between 1990 and 1998, he was Business Development Director at Matthew Clark plc responsible for strategy, M&A and business development. He managed numerous acquisitions and disposals plus the restructuring and building of a substantial branded and wholesale drinks business.
Previously he was a Project Leader for Strategy and Investments at Elders IXL for one year and a consultant in Deloitte Haskins and Sells’ management consulting division for five years.
Peter has an MBA from Stanford University, USA, and is a member of the Australian Institute of Chartered Accountants.
Graeme Hart, Chairman, commented:
“The recruitment of Peter is a terrific coup for the Group - he brings an excellent mix of experience and industry knowledge in orthopaedics, plus expertise in international distribution and marketing.
“The Group had a tremendous year in 2007 with the FDA clearance for Cormet, but as we outlined in our last interims results, now is the time to develop further the Group’s product portfolio worldwide. I am confident that Peter has the requisite skill sets and capabilities to exploit fully these opportunities for Corin.”