Cooper Companies CEO Albert White steps down; Walter Rosebrough named executive chair
Cooper Companies said CEO Albert White has resigned and left the board, while director Walter Rosebrough takes over as interim executive chair.
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what happened
Medical device maker Cooper Companies said on Tuesday that president and CEO Albert White resigned with immediate effect and also left the board. Walter Rosebrough, an independent director and former STERIS CEO, was named executive chair and will oversee day-to-day operations until a permanent chief executive is appointed. The company has already started that search.
Rosebrough said recent performance has not met expectations, which he said required decisive action from the board. White will stay with the company as a strategic adviser through April 2027. Shlomo Nachman, a former Johnson & Johnson executive, will join the board as an independent director. Three current directors will not stand for re-election at the 2027 annual meeting. The company reaffirmed its fiscal 2026 forecast of annual adjusted earnings of $4.51 to $4.55 per share. According to Reuters, shares fell nearly 3% in extended trading.
why it matters
A leadership change after weak results often leads investors to reassess a company until a new chief executive is in place. The market will watch how the CEO search and the reaffirmed forecast affect confidence in the stock.
market impact
Cooper Companies shares: CEO exit and admitted weak results weigh on the stock
- Cooper Companies shares pressure down — investors react to the CEO exit and results below expectations
tags
instruments
sources
- Cooper Companies’ Albert White exits CEO role; Walter Rosebrough named interim executive chair — TradingView, 27 October 2026 at 20:43 UTC
- Cooper Companies CEO White steps down; board member Rosebrough named executive chair — Reuters, 27 October 2026 at 21:17 UTC
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