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ARTICLE | Company News

Alere diagnostic news

May 12, 2014 7:00 AM UTC

Alere announced as part of the ongoing review of its corporate governance policies, the diagnostic company has decided to separate the roles of chairman and CEO. The board of directors unanimously elected Gregg Powers, a director, as chairman. Powers is chairman and CEO of institutional investment firm Private Capital Management. Powers succeeds Ron Zwanziger, who remains president, CEO and a director. The company also said it is beginning a comprehensive review of its strategy and operations. The board said it plans to select an international consulting organization to assist in the process. ...