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Alere Inc. Announces Hiring Of Namal Nawana As Chief Operating Officer

Stocks in this article: ALR

WALTHAM, Mass., Dec. 12, 2012 /PRNewswire/ -- Alere Inc. (NYSE: ALR) (the "Company") announced today the appointment of Namal Nawana as its new Chief Operating Officer, effective December 30, 2012. Mr. Nawana comes to Alere from Johnson & Johnson, where he has spent 15 years in various leadership roles, spanning the fields of engineering, marketing, sales and general management, including in Canada, Europe, the United States and the Asia Pacific region. At Alere, Mr. Nawana will be responsible for all commercial, R&D and operational functions, globally.

Mr. Nawana's experience before and at Johnson & Johnson  has earned him a reputation as a strategist, an innovator and a global operations leader focused on scaling businesses profitably. Most recently, Mr. Nawana served as the Worldwide President of DePuy Synthes Spine, a Johnson & Johnson company, responsible for, among other things, managing all operations globally. Prior to that, he was Area Vice President for Johnson & Johnson Medical's operations in Australia and New Zealand, Chairman of the DePuy Asia Pacific Franchise Council, General Manager for DePuy Australia and General Manager for Depuy Canada. Through these roles, Mr. Nawana demonstrated a consistent track record of delivering year over year results.  During this time, Mr. Nawana was responsible for the planning and integration of numerous significant business acquisitions, and he played a key role in integrating the multi-billion dollar Synthes acquisition.

"Namal's extensive experience driving improvement and change within a global medical device manufacturer on the scale of DePuy Synthes Spine, and in particular his experience leading complex business integrations, fits perfectly with Alere's needs as worldwide provider of healthcare solutions which has experienced extraordinary growth through acquisitions," said Ron Zwanziger, Alere's Chief Executive Officer. "Namal's appointment demonstrates our commitment to improving execution at all levels. Just as important, Namal's visionary leadership and expertise in operational integration will aid Alere in delivering products which not only provide reliable diagnostics but also incorporate connectivity technologies that put patients in touch with caregivers on a real-time basis."

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