Michael Kloss is the CEO of Ascensia Diabetes Care, and has held this position since the organization was launched as a new, standalone company in January 2016. In his role as leader of the business, Michael has overseen the sale of Bayer's Diabetes Care business to Panasonic Healthcare Holdings Co. Ltd, and the establishment of Ascensia Diabetes Care as a new company. Prior to Ascensia Diabetes Care, Michael served as Global Head of Diabetes Care Commercial Operations at Bayer Consumer Care for 3 years. In this position, Michael was responsible for leading and coordinating all global commercial, marketing, and business development activities.

Michael has more than 20 years' experience in the pharmaceutical and medical device industries and has held a variety of positions. He joined Bayer Consumer Care in 1995 as Export Manager in Paris, France. Since then he has held various roles at Bayer including Business Group Representative in Consumer Care for East Africa, Poland's Country Division Head for Bayer Consumer Care and Senior Vice-President for the Europe and Middle East, Russia, and Asia. Michael received his bachelor's degree at the University of Birmingham, UK and his MBA from the University of Paris. He also studied Executive Leadership at Harvard Business School, Boston, USA.