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Jose Almeida has been named chairman and CEO of Baxter Internatio­nal, a large medical products company based in Deerfield, Ill. He begins his new role at the start of next year.

Almeida, 53, immediatel­y joined the company as an executive officer to ensure a smooth transition. He Robert replaces Parkinson Jr., who is retiring after over a decade as CEO.

Since 2012, Almeida had been chairman, president and CEO of Covidien. He became a director in 2011 and had served as president of Covidien’s medical-device business, which accounts for about two-thirds of the company’s annual revenue.

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