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New CEO, chairman take over at Bausch + Lomb

Brent Saunders

Brent Saunders

ROCHESTER — Two former Schering-Plough executives are taking charge at Bausch + Lomb, whose chairman and CEO is retiring after guiding the company through the aftermath of a devastating contact lens recall.

The Rochester-based eye care products maker said Brent Saunders was appointed chief executive and Fred Hassan was named chairman.

Saunders was president of Schering-Plough’s consumer health care unit and Hassan was the drugmaker’s CEO and chairman until it was bought in November by Merck for $41.1 billion.

Ostrov took the reins in January 2008 two months after Bausch + Lomb went private. In 2006, the company recalled a multipurpose lens solution that was blamed for a flurry of potentially blinding fungal infections.