Becton Dickinson CFO to go, temporary exec named
FRANKLIN LAKES, N.J. (AP) — Medical device maker Becton Dickinson & Co. says Chief Financial Officer David Elkins is leaving for another job, and named one of its executives as a temporary CFO while it searches for a replacement.
Elkins, 44, has been with the Franklin Lakes, N.J., company since 2008. He will leave after Becton Dickinson reports financial results on Nov. 7.
A Becton Dickinson senior vice president and controller, Suketu Upadhyay, will serve as interim CFO. He joined Becton Dickinson in 2010 and has also been a CFO for the company's international operations.
Becton Dickinson's revenue grew 6 percent in the fiscal year ended September 2011, while net income grew 7.5 percent. Analysts expect that revenue and earnings per share dropped in the year that ended in September. Shares are up about 3 percent in 2012.
Elkins is leaving to be CFO at a technology patent licensing company, Round Rock Research LLC.