• January 24, 2008

Bausch & Lomb has named Gerald M. Ostrov as chairman/CEO, effective immediately. Most recently, Ostrov was company group chairman, Worldwide Vision Care, for Johnson & Johnson, where he led the company's global Vision Care businesses from 1998 to 2006.

Current Chairman/CEO Ronald L. Zarrella, 58, will retire in March and serve as chairman emeritus.

Ostrov, 58, joined Johnson & Johnson in 1976, before leaving for Ciba-Geigy AG in 1982. He was named president, Ciba Consumer Pharmaceuticals, in 1985. In 1991, he returned to Johnson & Johnson as president of its Personal Products business, and then became company group chairman for its North American Consumer and Personal Care businesses.

--Nina M. Lentini