Becton Dickinson CFO to Retire

By Dave Sebastian

Becton Dickinson & Co. said Christopher Reidy, the company's chief financial officer and chief administrative officer, intends to retire as he reaches retirement eligibility.

The Franklin Lakes, N.J.-based medical-technology company Thursday said Mr. Reidy will continue in his role until a successor--expected to be an external candidate--is in place.

The company said it will share details around transition responsibilities and timing at a later date.

Becton Dickinson also said Mr. Reidy will become a director of the company formed out of the spinoff of the diabetes-care business into an independent, publicly traded company. It said his appointment to the board will be effective upon the spinoff's completion, which it expects in the first half of 2022.

Write to Dave Sebastian at dave.sebastian@wsj.com

(END) Dow Jones Newswires

August 05, 2021 06:53 ET (10:53 GMT)

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