Cooper Companies CEO Albert White Steps Down Following Activist Investor Pressure

Albert White has stepped down as president and CEO of Cooper Companies, effective immediately, weeks after an activist investor called for leadership changes. Walter Rosebrough Jr. has been elected executive chair and will oversee day-to-day operations until a permanent CEO is appointed. The move follows a period where the company's performance 'has not met expectations' and a reduction in full-year earnings and revenue forecasts in September.