Insulet CFO McMillan Steps Down to Join 3M Health Care Business
October 03 2023 - 4:08PM
Dow Jones News
By Ben Glickman
Insulet Corp. Chief Financial Officer Wayde McMillan will step
down to join 3M's Health Care business, which will be spun off.
The Acton, Mass.-based tubeless insulin pump maker said Tuesday
McMillan would step down Oct. 20 and would be succeeded by Chief
Accounting Officer Lauren Budden on an interim basis. She
previously served as accounting chief at privately held Gulf
Oil.
Budden joined Insulet in April 2019, according to the company. A
search for a permanent successor to McMillan has begun.
McMillan is the latest hire for the soon to be separated
healthcare spinoff. 3M named Bryan Hanson, an executive from
musculoskeletal company Zimmer Biomet Holdings, as chief executive
of the new business in August. Healthcare industry veteran Carrie
Cox will become chairman.
Write to Ben Glickman at ben.glickman@wsj.com
(END) Dow Jones Newswires
October 03, 2023 16:53 ET (20:53 GMT)
Copyright (c) 2023 Dow Jones & Company, Inc.
Insulet (NASDAQ:PODD)
Historical Stock Chart
From Apr 2024 to May 2024
Insulet (NASDAQ:PODD)
Historical Stock Chart
From May 2023 to May 2024