Lantheus Holdings, Inc. (the “Company”) (NASDAQ: LNTH), the parent company of Lantheus Medical Imaging, Inc. (“LMI”), (development, manufacture and commercialization of innovative diagnostic imaging agents and products), announced that Robert J. Marshall, Jr. has been appointed Chief Financial Officer and Treasurer.
Mr. Marshall succeeds Jack Crowley, who will continue with the Company in a full time advisory role until September 28, 2018, and will work with Mr. Marshall to ensure a smooth transition.The appointment becomes effective Septmber 24, 2018.
Mr. Marshall brings to the Company more than 30 years of finance experience, including in M&A, capital markets and investor relations. Prior to joining the Company, Mr. Marshall spent 16 years with Zimmer Biomet Holdings, Inc. (NYSE: ZBH), a global medical device company with a leading position in musculoskeletal health. He held various senior leadership roles, including Vice President, Investor Relations and Corporate Treasurer, and most recently as Vice President, Americas Finance, for the U.S., Canadian and Latin American commercial markets. Prior to Zimmer Biomet, Bob was employed with Brown & Williamson Tobacco, a subsidiary of British American Tobacco, p.l.c., in Louisville, Kentucky, where he held several positions of increasing responsibility.
“Bob’s financial acumen and extensive experience in M&A, capital markets and investor relations make him an ideal fit as we look to grow our business and deliver long-term sustainable growth and profitability. He has particularly strong transactional expertise, which will be useful as we look to grow both organically and through future potential acquisitions,” said Mary Anne Heino, President and Chief Executive Officer of the Company. “We thank Jack for his valued service to the Company over the past eight years, and we wish him well in his future endeavors.”
Mr. Marshall said, “I am excited to join Lantheus as it enters its next phase of growth. I look forward to working with my new colleagues and employing my experience to help the Company continue its strong performance record, optimize its balance sheet, execute on strategic transactions and commercialize innovative products.”
Mr. Marshall holds a Master of Business Administration degree from Indiana University, South Bend, and a Bachelor of Business Administration in Finance from the University of Notre Dame. Bob also holds the CFA designation.
Mr. Crowley said, “I am thankful for being part of the Lantheus team that has both grown the Company into one of the market leaders it is today and positioned it well for its next stage of growth. I am confident that the Company is in a strong position moving forward.”