Haemonetics Corporation (NYSE: HAE) elected Martin Madaus to its Board of Directors on July 28, 2026, with the appointment effective July 24, 2026. The addition strengthens the medical technology company’s governance with a leader who brings more than 30 years of experience in the diagnostics and life sciences tools industries. Madaus’ background in driving corporate strategy, commercial growth, and operational transformation is expected to support Haemonetics as it executes its strategy across apheresis and blood management technologies.

Madaus currently serves as Senior Operating Executive at The Carlyle Group, a role he has held since 2019, where he advises on healthcare investments and portfolio company performance. His extensive executive history includes serving as Chairman and Chief Executive Officer of Ortho Clinical Diagnostics, Inc., now known as QuidelOrtho Corporation, where he led the company’s business turnaround following its carve-out from Johnson & Johnson. Prior to that, he was Chairman, President, and Chief Executive Officer of Millipore Corporation, leading its transformation into a leading life sciences company before its acquisition by Merck KGaA in 2010. Earlier in his career, Madaus served as President and Chief Executive Officer of Roche Diagnostics North America.

Beyond his executive roles, Madaus is an active board leader. He currently serves as Chair of the Board of Repligen Corporation and is a member of the board of directors of Azenta, Inc. He holds a Doctor of Veterinary Medicine from the University of Munich in Germany and a Ph.D. in Veterinary Medicine from the Veterinary School of Hanover in Germany.

"Martin has built and transformed some of the world's leading healthcare companies and brings deep operational, commercial and strategic leadership experience to our Board," said Ellen Zane, Chair of Haemonetics' Board of Directors. "His track record of leading complex global organizations, driving operational excellence and creating shareholder value will be invaluable as Haemonetics continues to execute its strategy, expand its leadership across attractive end markets and deliver long-term value for patients, customers and shareholders."

Haemonetics operates through two primary business segments. Its Apheresis business features proprietary technologies designed to enhance safety, yield, donor satisfaction, and operational efficiency for plasma and blood collectors globally. The MedSurg business offers Blood Management Technologies to inform treatment decisions and optimize blood product management, alongside Interventional Technologies, including advanced vascular closure systems and sensor-guided technologies.

Key Details

What This Means for Governance

The election of Martin Madaus adds significant depth in healthcare investment and operational turnaround expertise to Haemonetics' Board. With prior leadership roles at major industry players like QuidelOrtho and Millipore, Madaus brings a perspective shaped by large-scale corporate transformations and carve-outs. This aligns with Haemonetics' focus on expanding its leadership in attractive end markets and delivering long-term value, suggesting a strategic emphasis on operational excellence and commercial growth in future board deliberations.

Mizuho analyst Anthony Petrone has maintained an Outperform rating on Haemonetics while raising the price target to $90. The previous target was $85. The rating and target adjustment were issued by the firm covering the stock listed on the NYSE under the ticker HAE.