CareFusion adds new member to board of directors

CareFusion has announced the appointment of Supratim Bose to its board of directors, expanding membership of the board to ten with immediate effect.

Mr Bose will serve as an independent director and will stand for re-election at the company's annual meeting of stockholders, which is expected to take place in November 2014.

He is the current executive vice-president and president for the Asia-Pacific, Middle East and Africa region for fellow medical technology firm Boston Scientific, and can boast industry experience spanning several decades.

Prior to joining Boston Scientific in 2011, he founded the Singapore-based Bose Consulting Group, while before that he spent nearly 30 years at Johnson and Johnson, eventually rising to the position of chairman of the medical devices and diagnostics business.

Kieran Gallahue, chairman and chief executive officer of CareFusion, said: "Supratim's deep knowledge and leadership experience in the Asia-Pacific and international markets will be a valuable contribution as we look to grow our company outside of the US."

This week, the company also announced that it has priced three series of senior unsecured notes for an aggregate principal amount of $1 billion (594.96 million pounds), as part of its wider business strategy.