John Bell new CFO at Cinram

Was previously CFO at drugmaker Patheon

TORONTO -- Canadian CD and DVD manufacturer Cinram International Income Fund on Tuesday named pharmaceutical veteran John Bell as its new CFO, replacing Lewis Ritchie, who stepped down June 30.

Toronto-based Cinram said that Bell, a chartered accountant and former CFO at drugmaker Patheon Inc., will report to company CEO Dave Rubenstein.

Bell joins Cinram as it attempts to offset slumping sales of DVDs with the high-definition Blu-ray format.