Acelity names new chief financial officer

Acelity has announced the appointment of Thomas Casey, a veteran financial leader, as its new executive vice-president and chief financial officer (CFO).

Mr Casey brings more than 30 years of financial accounting, reporting, planning and analysis expertise to this new role, including nearly two decades of senior leadership experience.

He most recently served as executive vice-president and CFO at Clear Channel, while his previous employers also include Washington Mutual and GE Financial Assurance.

Acelity has selected him for this position based on his strategic and financial planning experience, rooted in integrity and accountability, which will help the company as it seeks to continue its growth into 2015 and beyond.

Joe Woody, president and chief executive officer of Acelity, said: "Tom has an exceptional track record of contributing to multiple businesses at a broad level and I'm excited to have him as a member of the leadership team."

Acelity was created in September 2014 after Centaur Guernsey chose to merge its subsidiary KCI with sister companies LifeCell and Systagenix, with the combined organisation taking on the new Acelity name.