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Natus Medical appoints Kennedy as CEO, Paul as chair

Natus Medical Inc. BABY, -2.98% mentioned overdue Wednesday it appointed Jonathan Kennedy its new leader executive and president. Kennedy, who has served as leader finanical officer, replaces Jim Hawkins, who's retiring after 14 years as CEO, Natus mentioned. The company, which makes medical merchandise for newborns, additionally named Barbara Paul as chairwoman. Natus narrowed its forecast second-quarter income to a variety of $130 million to $131 million, in comparison with a previous forecast $129 million to $131 million. Analysts surveyed via FactSet estimate income of $130.5 million. Natus stocks, which closed down 3% at $34.20 in common buying and selling Wednesday, were flat after hours.