Covetrace, a company that focuses on animal-health technology and services, has named Ajoy Karnan, MBA, as executive vice president and chief financial officer (CFO). His responsibilities in his new role will include leading the finance, accounting and audit functions, as well as the IT and cyber security teams under the leadership of Shared Services and Centers of Excellence.
Prior to joining the Covetress Group, Karna worked for Cisco Corporation for ten years and held various senior financial and strategic leadership positions, including senior vice president of global finance and the company’s North American foodservice distribution businesses. He was also CEO of Cisco’s European operations. Prior to joining Cisco, Karna worked at PepsiCo for over 20 years in the global finance, strategy, and mergers and acquisitions groups.
“Ajoy is a strategic and operational leader with deep global expertise in finance and driving,” said Benjamin Wallin, president and CEO of Covetress, in a company statement.1 “He is a welcome addition to our leadership team and Covetress and our stakeholders will benefit from Ajoy’s vision and direction as we continue to serve the veterinary community to empower veterinary professionals and help achieve better outcomes and animal care.”
“I am thrilled to be joining Covetress at this critical time in the company’s history and look forward to working with Ben, his executive team and our global staff to transform veterinary medicine,” Karna added in the release. “I share the company’s mission to support veterinary medicine and the animals they treat.”
Karna holds a bachelor’s degree in finance from Georgetown University and a master’s degree in business administration from Northwestern University.
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Covetres named Ajoy Karna as Chief Financial Officer. News release. Covetres. December 8, 2022. Accessed December 14, 2022. https://www.businesswire.com/news/home/20221208005120/en
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