Perrigo's Leadership Turnover Continues With Announced Departure of CEO
Perrigo’s executive leadership instability continues as CEO John Hendrickson will retire following the selection of a replacement. Hendrickson became CEO just a little over one year ago and has steered the business through a particularly tumultuous time, with pressures in nearly all segments along with the departure of longtime CFO Judy Brown earlier this year. We don’t plan to change our fair value estimate as the company’s recent results have mostly met our expectations. While a leadership cha...
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