BD (Becton, Dickinson and Company) (NYSE: BDX), a leading global medical technology company, announced that Embecta Corp. (“embecta”), the independent, publicly-traded company that will hold BD’s Diabetes Care business upon the planned completion of the previously announced spinoff, will be governed by a nine-person board of directors.
As previously announced, the embecta board of directors will be led by non-executive chairman of the board David F. Melcher and will include current BD director Claire Pomeroy and retiring BD executive Christopher R. Reidy. Devdatt “Dev” Kurdikar, who will be CEO of embecta upon completion of the spinoff, will also serve as a director.
“I’m thrilled to have the opportunity to serve alongside such a diverse, accomplished and capable board of directors,” said Kurdikar. “Together, our board brings a wealth of highly-relevant global operating and financial experience in spinoffs, mergers and acquisitions, medical technology and manufacturing, which will serve embecta well from the initial phase of independence from BD through a future of increasing innovation, accelerating growth and sustained value creation.”
David J. Albritton, is the founder and chief executive officer of Nineteen88 Strategies. Prior to that, Albritton served most recently as vice president, communications, Worldwide Public Sector and Vertical Industries, at Amazon Web Services, and previously spent five years at General Motors, most recently as president of GM Defense, the aerospace and defense business unit of General Motors. Albritton began at GM following the sale of Exelis Inc., a global aerospace defense, information and technology services company (“Exelis”), to Harris Corp. in 2015. He was Exelis’ vice president and chief communications officer, a role he assumed upon the company’s spinoff from ITT Corporation in 2011, where he was vice president, communications at ITT Defense. He has also held leadership roles of increasing responsibility in companies such as Raytheon, HP/Compaq and Sears. Early in his career, Mr. Albritton spent 10 years as an officer in the U.S. Navy as a Surface Warfare Officer and Public Affairs Officer.
Milton M. Morris, Ph.D., has been president and CEO of Neuspera Medical (“Neuspera”) since July of 2015. Prior to joining Neuspera, Morris was the senior vice president of research & development and emerging therapies at Cyberonics (now LivaNova). Morris was previously employed by Guidant Corporation and its successor, Boston Scientific Corporation, where he held several positions, including principal research scientist; director, research & development; and director, marketing. Prior to joining Guidant, Morris spent five years working as a research assistant in the Medical Computing Laboratory at the University of Michigan in collaboration with the electrophysiology group at the University of Michigan Hospital and the Michigan Heart and Vascular Institute. Morris serves as a charter trustee for Northwestern University, where he chairs the Medicine Committee, and serves on the board of Myomo, Inc.
