Management ChangeJun 16, 2026, 06:30 AM
Embecta Names Nimish Muzumdar as SVP, President North America
AI Summary
Embecta Corp. announced the appointment of Nimish Muzumdar as Senior Vice President and President, North America, effective June 15, 2026. Mr. Muzumdar will be responsible for leading the company's commercial teams in the U.S. and Canada and driving the region's long-term growth strategy. He brings extensive experience from Sandoz, where he led a $1 billion generics division to profitable growth. As an inducement for his employment, Mr. Muzumdar received a long-term incentive award of 638,978 time-vested restricted stock units.
Key Highlights
- Embecta appointed Nimish Muzumdar as Senior Vice President and President, North America, effective June 15, 2026.
- Mr. Muzumdar will lead the United States and Canada commercial teams and execute the region's long-term growth strategy.
- He will report to CEO Dev Kurdikar and serve on the embecta Operating Team.
- Muzumdar previously served as Senior Vice President & Head, Generics at Sandoz, leading a $1 billion division.
- He received an inducement grant of 638,978 time-vested restricted stock units (TVUs).
- The TVUs vest 20% on the first, 50% on the second, and 30% on the third anniversary of the grant date.
Price Impact
More from EMBC