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People in the News: Balthrop Retires as Luminex CEO; Shamir Named New Chief

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Patrick Balthrop has retired as president and CEO of Luminex, and Nachum Shamir has been named as the new president and CEO, the company said this week.

Shamir most recently served as president and CEO of Given Imaging from 2006 to February 2014 when the company was acquired by Covidien. Prior to joining Given Imaging, Shamir was corporate vice president of the Eastman Kodak Company and president of Eastman Kodak's Transaction and Industrial Solutions. He also served over 10 years at Scitex in positions of increasing responsibility, including president and CEO from 2003 to 2004. Shamir holds a BS from the Hebrew University of Jerusalem and an MPA from Harvard University.

Balthrop has resigned as a director but will continue to serve as a consultant to the board and to Shamir through April 14, 2015. Shamir is expected to be invited to join the board of directors, Luminex said.

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