German healthcare company Fresenius Group announced this week the appointment of Nick Stone as its new head of IR, effective October 1.
In his new role, he will succeed Markus Georgi, who has been leading the IR function at the firm for nearly a decade.
Stone joins from global biopharma company GSK, where he spent the past three years as SVP of IR. During his tenure, GSK achieved multiple nominations at the IR Magazine Awards and picked up a trophy for best use of technology including AI at this year’s Europe Awards.
Fresenius notes in an official statement that Stone will be based in Bad Homburg, Germany.
‘I am delighted we have been able to recruit Nick Stone, a recognized investor relations manager, for this important role,’ says Michael Sen, the firm’s CEO. ‘To ensure the long-term success of #FutureFresenius, it is vital to further strengthen the trust of investors and analysts in Fresenius globally.’
Sen also notes that with his many years of experience in the healthcare industry, including more than 16 years at AstraZeneca, Stone ‘combines decisive skills for this task’.
‘Markus Georgi has significantly developed the investor relations function at Fresenius in recent years. I would like to thank him for his great commitment and wish him all the best for his future endeavors,’ Sen adds.
In a LinkedIn post on Wednesday, Georgi announced his departure from Fresenius to his network, noting that as part of his tenure he got the opportunity to work in ‘this so important company transition’.
‘I was privileged and fortunate to work with numerous committed, talented and skillful colleagues: you all made the difference,’ he writes. ‘Thank you for support, for challenge, for advice and inspiration.’ Georgi says he will take a short break to ‘recharge batteries’ before his next move.
Elsewhere, Nasdaq-listed technology company Pagaya has appointed Josh Fagen as head of IR and chief operating officer of finance, effective immediately. Fagen is now responsible for liaising with investors, analysts and the wider finance team as well as leading the company’s engagement with the equity investor community and Pagaya’s key strategic financial initiatives, the company says in a statement.
In his most recent role, Fagen served for nearly five years at fintech company SoFi, where he held numerous positions and was VP of IR since 2023. Prior to that, he held roles at Citadel, Goldman Sachs and UBS, specializing in the media, telecom and technology sectors.
‘I’m thrilled to join Pagaya at a time of such immense growth and opportunity,’ says Fagen. ‘I look forward to collaborating with such a forward-thinking team to support Pagaya’s ability to deliver exceptional value to our investors, partners and clients as the company continues to shape the future of finance through technology.’
