Fagron NV announced that the board of directors and Hans Stols have reached an agreement on his departure as CEO and member of the board of directors. Mr. Stols will resign from all his functions and mandates with immediate effect. Rafael Padilla, the current Area General Manager South America and Southern Europe will replace Mr. Stols as CEO ad interim with immediate effect.

Padilla started his career at Fagron in 2002 in the Netherlands and became a member of the Executive Committee in 2012. Mr. Padilla has an extensive operational and commercial track record within the Fagron organization.