Fresenius Medical Care Appoints Martin Fischer To Succeed Helen Giza As CFO

RTTNews | 1168 days ago
Fresenius Medical Care Appoints Martin Fischer To Succeed Helen Giza As CFO

(RTTNews) - Fresenius Medical Care AG & Co. KGaA (FMS), a German-American healthcare company, announced Monday it has appointed Martin Fischer as Chief Financial Officer as of October 1, 2023. He will succeed Helen Giza, who was appointed as Chief Executive Officer and Chair of the Management Board in December 2022 and continues to serve as acting Chief Financial Officer, until her successor will join.

Fischer will be based in Bad Homburg, Germany and will assume responsibility for the Global Finance Organization of Fresenius Medical Care. Upon effectiveness of the Company's proposed change of form from KGaA to German stock corporation, Martin Fischer will become a member of the Management Board of Fresenius Medical Care AG.

Fischer has been Head of Finance for Siemens Healthineers Diagnostics Division based in Tarrytown, NY, U.S. since 2019. Previously, he headed the Board Office and Organizations function for Siemens Healthineers after leading the business plan and operating model development for the company's initial public offering in March 2018.

Prior to that, Fischer held a number of key international operational and finance positions in healthcare within Siemens AG.

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Fresenius Medical Care Inks Virtual Power Purchase Agreements For Renewable Energy

Fresenius Medical Care Inks Virtual Power Purchase Agreements For Renewable Energy

Fresenius Medical Care (FMS) announced Wednesday it has signed five virtual power purchase agreements (vPPAs) with wind and solar energy project developers in Germany and the U.S. The projects are expected to feed around 580 gigawatt hours of renewable energy into the grid, which equals up to 46 percent of FME's most recently reported global consumption.
RTTNews | 830 days ago
Australian Market Trims Early Losses In Mid-market

Australian Market Trims Early Losses In Mid-market

The Australian stock market is trimming its early losses in mid-market trading on Monday, extending the slight losses in the previous session, following the mixed cues from Wall Street on Friday. The benchmark S&P/ASX 200 index is falling well below the 8,750.00 level, with weakness in mining stocks partially offset by gains in financial stocks. Most other sectors were mixed.
RTTNews | 3h 23min ago
Asian Markets Trade Mostly Higher

Asian Markets Trade Mostly Higher

Asian stock markets are trading mostly higher on Monday, following the mixed cues from Wall Street on Friday, as crude oil prices continued to fall amid signs of increased diplomatic efforts to resolve the conflict and restore energy flows in the Middle East, easing concerns over global inflation and the prospect of further interest rate hikes. Asian markets closed mostly higher on Friday.
RTTNews | 3h 28min ago
Indian Shares Set For Cautious Open

Indian Shares Set For Cautious Open

Indian shares may open flat to slightly lower on Monday despite gains elsewhere across Asia and higher U.S. equity futures as oil prices fell for a fourth day amid ongoing diplomatic efforts to end the U.S.-Iran conflict.
RTTNews | 3h 56min ago
Rally May Stall For Thai Stock Market

Rally May Stall For Thai Stock Market

The Thai stock market has moved higher in back-to-back sessions, collecting more than 20 points or 1.4 percent in that span. The Stock Exchange of Thailand now sits just above the 1,580-point plateau although it may ebb on Monday.
RTTNews | 4h 42min ago
Indonesia Stock Market Has Flat Lead For Monday

Indonesia Stock Market Has Flat Lead For Monday

The Indonesia stock market headed south again on Friday, one day after halting the six-day losing streak in which it had tumbled more than 250 points or 3.8 percent. The Jakarta Composite Index now sits just above the 6,440-point plateau and it figures to see little movement again on Monday.
RTTNews | 5h 12min ago