People In Brief
This article was originally published in The Gray Sheet
Executive Summary
Alcon President & CEO: Cary Rayment plans to build Alcon's international surgical and pharmaceutical businesses in Asia after assuming the joint position Oct. 1. He will seek further expansion into Japan, the firm's second largest market behind the U.S., as well as China, Korea and India. Rayment, 57, will replace Tim Sear, 67, who has been with Alcon 34 years and saw the firm through its 2002 initial public offering. In 2001, Rayment became senior-VP, directing cross-divisional efforts for surgical, pharmaceutical and consumer groups in the U.S. In January, he took responsibility for Alcon Japan. Rayment has been with Alcon since it acquired CooperVision Surgical in 1989. Kevin Buehler, 47, a 20-year Alcon veteran and VP-operations, Latin America, Canada and the Far East, will replace Rayment...