CooperCompanies Announces Leadership Transition and Board Refreshment
Globe Newswire•27/10/2026•16:28 ET
0
Key Highlights
- ➤Walt Rosebrough elected Executive Chair; CEO Al White steps down immediately
- ➤CEO search underway with Russell Reynolds; Rosebrough assumes day-to-day operational oversight
- ➤Shlomi Nachman joins Board December 8, 2026, bringing 27-plus years of healthcare experience
- ➤Three directors will not seek reelection at CooperCompanies’ 2027 annual meeting
- ➤CooperCompanies reaffirms fiscal year 2026 guidance issued September 9, 2026
Expert Statements
Walter M. Rosebrough, Jr., Executive Chair of CooperCompanies
“I joined CooperCompanies because I believe there is great opportunity in its future. The Company’s recent performance has not met our expectations, and the Board believes decisive action is needed to ensure the Company reaches its long-term potential”
Walter M. Rosebrough, Jr., Executive Chair of CooperCompanies
“I will be working closely with the Board and the management team on priorities that will strengthen the foundation for growth and value creation.”
Walter M. Rosebrough, Jr., Executive Chair of CooperCompanies
“The Board is appreciative of Al’s leadership and valuable contributions to CooperCompanies throughout his 20 years with the Company.”
Cynthia Lucchese, Chair of the Corporate Governance and Nominating Committee at CooperCompanies
“These changes reflect the Board’s commitment to ensuring we have the appropriate mix of experience and expertise to oversee CooperCompanies’ strategy and support its long-term success”
Cynthia Lucchese, Chair of the Corporate Governance and Nominating Committee at CooperCompanies
“We are pleased to welcome Shlomi Nachman, whose extensive experience in vision care and medical technology will be invaluable to CooperCompanies.”
Walter M. Rosebrough, Jr., Executive Chair of CooperCompanies
“Our updated Board composition best positions us to provide active oversight in pursuit of long-term value creation. Our priorities are clear: identify and onboard the right CEO to lead the Company into its next chapter of growth and take additional actions to strengthen our business in order to provide superior products for customers, rewarding work for our people, and superior returns for our shareholders.”
Independent Director and Seasoned Healthcare Executive Walt Rosebrough Elected Executive Chair; Search for CEO Underway
Provides Update on Board Refreshment, Including Planned Addition of Medical Device and Vision Veteran Shlomi Nachman
Get started
Create a free account to read the full story.
