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MarketScreener Homepage  >  Equities  >  Nasdaq  >  Covetrus, Inc.    CVET

COVETRUS, INC.

(CVET)
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Covetrus : Announces New Global Chief Human Resources Officer

07/16/2020 | 08:31am EST

Veteran HR executive with 20+ years’ experience is promoted to global role

Covetrus (Nasdaq: CVET), a global leader in animal-health technology and services, announced that it has promoted Ditte Marstrand Wulf to global chief human resources officer, effective August 1, 2020. In her new role, Marstrand Wulf will now lead all aspects of global human resources and will work closely with Dustin Finer, Covetrus chief administrative officer, in leading human capital initiatives, including talent management and employee engagement, at Covetrus.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20200716005578/en/

Covetrus, a global leader in animal-health technology and services, announced that it has promoted Ditte Marstrand Wulf to global chief human resources officer, effective August 1, 2020. (Photo: Business Wire)

Covetrus, a global leader in animal-health technology and services, announced that it has promoted Ditte Marstrand Wulf to global chief human resources officer, effective August 1, 2020. (Photo: Business Wire)

Marstrand Wulf has more than 20-years of experience in leading HR strategy for global companies across multiple industries. Her background and expertise are in areas of change management, M&A, team development, human resource strategy, and diversity and inclusion strategy. Prior to her appointment, Marstrand Wulf served as the company’s European vice president of human resources, in which she led the European teams responsible for the HR strategy and key initiatives in Europe.

“This past year, Ditte has been instrumental in establishing a strong connection for Covetrus across the European region, especially the unification of the European HR team,” said Finer. “In the months and years ahead, I look forward to Ditte extending her leadership and energy throughout our global employee base. In her new role she will lead efforts and build on our momentum to strengthen our organization’s talent recruitment as well as the coaching and development of our current workforce.”

Marstrand Wulf joined Covetrus in 2019. Prior to her time with the company she served as the group chief human resources officer for BMI Group Ltd, a global manufacturer of flat and pitches roofing systems. She has also led diversity and inclusion efforts at RSA Ltd, a global insurance service provider as well as at Microsoft where she had several international HR Director positions. In addition, she was a diversity and inclusion advisor to her home country of Denmark’s ministry of foreign affairs.

Marstrand Wulf holds a B.Sc. in economics and business administration and a M.Sc. in human resource management from the Copenhagen Business School of Economics.

About Covetrus

Covetrus is a global animal-health technology and services company dedicated to empowering veterinary practice partners to drive improved health and financial outcomes. We are bringing together products, services, and technology into a single platform that connects our customers to the solutions and insights they need to work best. Our passion for the well-being of animals and those who care for them drives us to advance the world of veterinary medicine. Covetrus is headquartered in Portland, Maine with more than 5,500 employees serving over 100,000 customers around the globe. For more information about Covetrus visit https://covetrus.com/.

Forward-Looking Statements

This press release contains certain statements that are forward-looking within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and that involve risks and uncertainties, including statements about our plans, objectives, expectations, and intentions. Such statements are subject to numerous risks and uncertainties. Factors that could adversely affect our business and prospects are set forth in our public filings with the Securities and Exchange Commission. Our forward-looking statements are based on current beliefs and expectations of our management team and, except as required by law, we undertake no obligations to make any revisions to the forward-looking statements contained in this release or to update them to reflect events or circumstances occurring after the date of this release, whether as a result of new information, future developments or otherwise. Investors are cautioned not to place undue reliance on these forward-looking statements.


© Business Wire 2020
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Financials (USD)
Sales 2020 4 272 M - -
Net income 2020 -23,0 M - -
Net Debt 2020 674 M - -
P/E ratio 2020 -108x
Yield 2020 -
Capitalization 3 310 M 3 310 M -
EV / Sales 2020 0,93x
EV / Sales 2021 0,86x
Nbr of Employees 5 300
Free-Float 72,5%
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Mean consensus OUTPERFORM
Number of Analysts 7
Average target price 27,00 $
Last Close Price 25,96 $
Spread / Highest target 19,4%
Spread / Average Target 4,01%
Spread / Lowest Target -23,0%
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Managers
NameTitle
Benjamin C. Wolin President, Chief Executive Officer & Director
Philip A. Laskaway Chairman
Matthew J. Foulston Chief Financial Officer
Georgina Wraight President-Global Technology Solutions & EVP
Steve Palmucci Global Chief Information Officer
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