Agilent appoints new CFO

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  • Published: Aug 3, 2018
  • Source: Agilent Technologies
  • Suppliers: Agilent Technologies
  • Channels: Gas Chromatography / Ion Chromatography / Electrophoresis / HPLC / Proteomics & Genomics / Detectors / Sample Preparation / Laboratory Informatics / Raman / Infrared Spectroscopy / NMR Knowledge Base / X-ray Spectrometry / UV/Vis Spectroscopy / Chemometrics & Informatics / Atomic / Proteomics / Base Peak / MRI Spectroscopy

Agilent Technologies has announced that Didier Hirsch, senior vice president and chief financial officer, has decided to retire on 31 October 2018. The company has appointed Robert McMahon, currently chief financial officer of the medical technology company Hologic, as his successor. McMahon will join Agilent on 3 August 2018, as senior vice president, and will become CFO on 1 September 2018, when Hirsch will step down as CFO. Hirsch will continue as an active member of the executive staff until his retirement date at the end of the fiscal year, focused on working with McMahon to ensure a smooth transition.

Hirsch has led Agilent’s global finance organization as CFO since 2010. Before that he had oversight of the corporate controllership and tax functions. He joined Agilent at its inception in 1999 as VP of treasury and investor relations. He held various international finance positions at HP, Agilent’s predecessor, from 1989 until joining Agilent.

“Didier has been a brilliant CFO. Under his financial stewardship, the valuation of the company has increased significantly, exceeding the growth rate of the S&P 500 over the same period,” said Agilent president and CEO, Mike McMullen. “I value his business insights and his leadership, and I deeply appreciate his unwavering integrity that is a hallmark of everything he does. We will miss him, but wish him the very best in his retirement.

“I am pleased to welcome Bob McMahon to Agilent. He brings significant experience in the diagnostics and healthcare industries, both areas of strategic growth for Agilent. I am impressed with Bob’s strategic view and innovative approach. He is joining us at an important time for the company, and I am excited about the role he will play in driving the next phase of Agilent’s journey.”

“Among all of the interesting projects and accomplishments during my years at Agilent, I am most proud of the excellent Finance team we have created,” said Hirsch. “Their achievements have been extraordinary, particularly as we have grown, created new companies and completed a record number of acquisitions. The work of this team has been essential to the company’s success. Bob McMahon is a great choice to lead Finance for Agilent as the company further expands in the coming years. I am looking forward to working closely with him on a seamless transition.”


 

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