Former William Demant CFO joins German rehab giant

A former Chief Financial Officer from hearing device maker William Demant takes over as finance chief for one of the biggest rehabilitation care companies in the world.

Foto: William Demant/PR

He left his position as Chief Financial Officer for the Danish-based hearing device manufacturer William Demant in September last year, as he no longer found the company’s journey compatible with his own.

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46-year old Stefan Ingildsen has now found a new job and from Monday, February 1, can call himself the new Chief Financial Officer of German-based rehab giant Ottobock, he tells MedWatch.

Ottobock was founded in 1919 and is currently one of the largest corporations in the world offering solutions to patients in rehabilitation. The group has a market leading position in orthopedic care where it is one of the main rivals to Iceland-based, Copnehagen-listed prosthetics maker Össur.

According to its webpage, Ottobock employs 7,329 people and generated revenue of EUR 935.8 million in its fiscal year 2014.

 Hearing device players can focus 100% on the business 

 Hearing device giants settle mayor patent dispute 

- translated by Martin Havtorn Petersen

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