Ambu AS (OTCPK:AMBFF)
$ 19.9 -0.6 (-2.93%) Market Cap: 4.15 Bil Enterprise Value: 4.24 Bil PE Ratio: 130.11 PB Ratio: 5.45 GF Score: 96/100

Ambu A/S Appointment of New CEO Call Transcript

May 13, 2019 / 01:00PM GMT
Release Date Price: $26.8
Operator

Ladies and gentlemen, welcome to the Ambu conference call. Today I am pleased to present, Chairman of the Board, Jens Bager; and CFO, Michael Højgaard. (Operator Instructions) Jens, please begin.

Jens Bager;S;Chairman of the Board
Ambu A

/-

Thank you very much, and welcome to this conference call regarding the change of CEO in Ambu. My name, as you might guess, is Jens Bager, I'm the Chairman of the Board and with me today I have, Michael Højgaard, who is the CFO of Ambu.

Last Friday, the Board of Directors signed with Mr. Gonzalez to become the new CEO in Ambu effective this Wednesday, May 15. You all have seen the resume of Mr. Gonzalez. And I can tell you that the Board is very excited about the competencies and background that Mr. Gonzalez brings in with regards to running a large scale, global analytic med tech organization.

The rationale of the Board of Directors who are deciding to make this change is all about preparing Ambu for the future, which starts in only 6 quarters from now when we end our

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