Didier Hirsch to Retire Oct. 31
Robert W. McMahon to Become Chief Financial Officer
SANTA CLARA, Calif--(BUSINESS WIRE)--Jul. 31, 2018--
Technologies Inc. (NYSE:A) today announced that Didier Hirsch,
senior vice president and chief financial officer, has decided to retire
on Oct 31, 2018. The company has appointed Robert W. McMahon, currently
chief financial officer, Hologic, Inc., as his successor. McMahon will
join Agilent on August 3, as senior vice president, and will become CFO
on Sept. 1, 2018, when Hirsch will step down as CFO. Hirsch will
continue as an active member of the executive staff until his retirement
date at the end of the fiscal year, focused on working with McMahon to
ensure a smooth transition.
Hirsch has led Agilent’s global finance organization as CFO since 2010.
Before that he had oversight of the corporate controllership and tax
functions. He joined Agilent at its inception in 1999 as VP of treasury
and investor relations. He held various international finance positions
at HP, Agilent’s predecessor, from 1989 until joining Agilent.
“Didier has been a brilliant CFO. Under his financial stewardship, the
valuation of the company has increased significantly, exceeding the
growth rate of the S&P 500 over the same period,” said President and
CEO, Mike McMullen. “I value his business insights and his leadership,
and I deeply appreciate his unwavering integrity that is a hallmark of
everything he does. We will miss him, but wish him the very best in his
“I am pleased to welcome Bob McMahon to Agilent. He brings significant
experience in the diagnostics and healthcare industries, both areas of
strategic growth for Agilent,” McMullen said. “I am impressed with Bob’s
strategic view and innovative approach. He is joining us at an important
time for the company, and I am excited about the role he will play in
driving the next phase of Agilent’s journey.”
“Among all of the interesting projects and accomplishments during my
years at Agilent, I am most proud of the excellent Finance team we have
created,” said Hirsch. “Their achievements have been extraordinary,
particularly as we have grown, created new companies and completed a
record number of acquisitions. The work of this team has been essential
to the company’s success. Bob McMahon is a great choice to lead Finance
for Agilent as the company further expands in the coming years. I am
looking forward to working closely with him on a seamless transition.”
About Robert W. McMahon
McMahon has been chief financial officer since 2014 for Hologic, Inc.,
an innovative medical technology company, primarily focused on improving
women’s health and well-being, based in Massachusetts, USA. In 2017,
Hologic had revenues of $3.1 billion, spanning breast and skeletal
health, diagnostics, surgical and aesthetic products. Prior to Hologic,
McMahon spent 20 years with Johnson & Johnson, most recently as
worldwide vice president of finance and business development for Ortho
Clinical Diagnostics, a division of Johnson & Johnson’s Medical Device
and Diagnostics Group. Prior to that he held a variety of financial
leadership positions within Johnson & Johnson after joining the company
in 1993. McMahon began his career with Harris Corporation in Florida.
He has an MBA in Finance from the University of Central Florida and an
undergraduate degree in Finance from the University of Florida. McMahon
is also a certified management accountant. He will relocate to Agilent’s
headquarters from Massachusetts in the coming months.
About Agilent Technologies
Agilent Technologies Inc. (NYSE:A) is a global leader in life sciences,
diagnostics, and applied chemical markets. With more than 50 years of
insight and innovation, Agilent instruments, software, services,
solutions, and people provide trusted answers to customers' most
challenging questions. The company generated revenues of $4.47 billion
in fiscal 2017 and employs 14,200 people worldwide. Information about
Agilent is available at www.agilent.com.
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Source: Agilent Technologies, Inc.
Agilent Technologies, Inc.
Stefanie Notaney, +1 408-345-8955
Rodriguez, +1 408-345-8948