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HomeFinanceCovetrus Names Ajoy Karna as Chief Monetary Officer

Covetrus Names Ajoy Karna as Chief Monetary Officer

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PORTLAND, Maine–(BUSINESS WIRE)–Covetrus®, a worldwide chief in animal-health expertise and companies, immediately introduced the appointment of Ajoy Karna as govt vice chairman and chief monetary officer. Karna succeeds Matthew Foulston, who introduced beforehand his retirement from the corporate.

“Ajoy is a strategic and operational chief with deep world experience in finance and driving companywide enterprise development,” mentioned Benjamin Wolin, president and CEO of Covetrus. “He’s a welcome addition to our management workforce, and Covetrus and our stakeholders will profit from Ajoy’s perspective and route as we proceed to service the veterinary neighborhood, as solely Covetrus can, to assist empower veterinarians and drive higher outcomes and animal care.”

Karna joins Covetrus from Sysco Company, the place throughout his 10 years with the corporate, he held a variety of senior finance and strategic management roles, together with senior vice chairman of finance for worldwide, in addition to the corporate’s North American foodservice distribution companies. He was additionally CEO of Sysco’s European operations. Previous to that, Karna spent over 20 years at PepsiCo the place he led world finance, technique, and mergers and acquisition groups.

In his position as CFO for Covetrus, Karna will lead the corporate’s finance, accounting, and auditing capabilities, in addition to the IT and cybersecurity groups, increasing his management throughout most of the firm’s shared service and facilities of excellence capabilities.

“I’m thrilled to be becoming a member of Covetrus at this pivotal time within the firm’s historical past and sit up for collaborating with Ben, the manager workforce and our world workers to revolutionize the veterinary trade,” mentioned Karna. “I share the corporate’s objective of supporting veterinary practices and the animals they deal with.”

Karna has an undergraduate diploma in finance from Georgetown College and a Grasp of Enterprise Administration diploma from Northwestern College.

About Covetrus

Covetrus is a worldwide animal-health expertise and companies firm devoted to empowering veterinary observe companions to drive improved well being and monetary outcomes. We’re bringing collectively merchandise, companies, and expertise right into a single platform that connects our clients to the options and insights they should work finest. Our ardour for the well-being of animals and people who look after them drives us to advance the world of veterinary medication. Covetrus is headquartered in Portland, Maine with greater than 5,700 workers serving over 100,000 veterinary clients across the globe. For extra details about Covetrus go to www.covetrus.com.



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