"Working with Mindray over the past several years has been a delight and honor," commented Ms. Hsu. "The Company has made a profound transition from a private Chinese company to a publicly traded global company well positioned to benefit from the growing trends in the world's medical device industry. While it was difficult to end my day-to-day involvement at Mindray, I look forward to continuing my work as a director on Mindray's board in an expanded capacity on board committees with undiminished enthusiasm and commitment. I believe that Mr. Ronnie Ede brings the perfect combination of financial and operational experience and expertise to lead this rapidly growing business."
"With Mindray entering an important phase of its growth, we believe Ronnie is exceptionally qualified to take on the CFO position given his familiarity with the business since the IPO both in the capacity of an independent director and subsequently a member of the senior management team," commented Mr. Li Xiting, Mindray's President and co-Chief Executive Officer. "His past background as a regional CFO of Asia for another US-listed public company, his varied managerial and financial roles with international medical device companies, coupled with his responsibilities of running day-to-day operations and integration at Mindray, make him the ideal choice to succeed Joyce. His breadth of financial and operational experience will help Mindray continue to move forward as a leading company in the global medical devices industry."
Ms. Hsu has served as Mindray's CFO since February 2006 and successfully led the Company's September 2006 initial public offering, subsequent capital markets transactions as well as the acquisition of the Datascope Patient Monitoring business in 2008. She was appointed to Mindray's board of directors in September 2006.
|SOURCE Mindray Medical International Limited|
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