Grifols Executive Chairman Mayer resigns for health, personal reasons

Grifols announced the resignation of Steven Mayer as Executive Chairman, and the appointment of Thomas Glanzmann as the new Executive Chairperson of Grifols and its board. Mayer, who was appointed to the role on September 30, 2022, has taken the decision to resign due to health and other personal reasons. "The Board of Directors appointed Mr. Mayer to accelerate the execution of the company’s strategic plan. The designation of Mr. Glanzmann builds on this commitment to continue to drive the company’s long-term strategy and increase value for all shareholders, with emphasis on the reduction of debt levels and cash generation," the company said in a statement. Thomas is a Swiss national who has served as a director of Grifols since 2006 and as Grifols’ Vice-Chair since January 2017.