France's Carmat appoints biggest shareholder as board chairman (updated)

Carmat SA

25/06/2024 06:44

(Adds details and comment)
       June 25 (Reuters) - French artificial heart maker Carmat
 ALCAR.PA  said on Tuesday it had appointed its biggest
shareholder Pierre Bastid as the chairman of the board.
    Bastid will succeed Alexandre Conroy, who had resigned for
personal reasons, the Paris-based company said, adding that the
French investor holds 13.5% of Carmat's share capital via LOHAS
and Les Bastidons entities.
        Since acquiring stake in Carmat in 2016, Bastid has
participated in each of the capital hikes carried out by the
firm. 
    "The entire Board and I are fully mobilized alongside the
CARMAT teams, and determined to pursue and accelerate the
Company's commercial development over the coming months," Bastid
said in a statement on Tuesday. 
    

 (Reporting by Michal Aleksandrowicz in Gdansk; Editing by
Himani Sarkar and Sherry Jacob-Phillips)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 769 66 00;))