Cooper Companies CEO Al White Steps Down

Cooper Companies CEO Al White has stepped down effective immediately. Board member Walt Rosebrough takes over as executive chair while the medical device maker searches for a permanent successor.

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Cooper Companies Inc CEO Al White stepped down on Tuesday, effective immediately, as the medical device maker faces mounting pressure from activist investors.

Board member Walt Rosebrough assumed the role of executive chair during the search for a permanent successor. Rosebrough said recent performance missed expectations and required decisive board action.