Plus   Neg

Allergan Says Thomas Freyman To Join Board; Patrick O'Sullivan To Retire

Allergan plc (AGN) said that Thomas Freyman will join its Board of Directors effective immediately, as part of the company's ongoing board refreshment process.

Freyman, a former Executive Vice President of Finance and Administration at Abbott Laboratories (ABT), brings nearly 40 years of healthcare industry and finance experience to Allergan's Board.

Freyman retired from Abbott in 2017, having held various leadership positions during a period where the company executed a significant transformation and refocused its business portfolio.

Chris Coughlin, Lead Independent Director said, "Mr. Freyman will become the fourth new Director joining the Allergan Board in 16 months as we continue to recruit highly-experienced and qualified members to bring a diversity of perspectives and strengthen the Board with additional industry, scientific and financial experience."

Allergan also announced that director Patrick O'Sullivan will retire from the Allergan Board of Directors in July.

O'Sullivan joined the Board of Directors in October 2013 following Allergan's acquisition of Warner Chilcott plc, having served as a member of the Warner Chilcott Board from 2009.

Following the retirement of O'Sullivan and the addition of Freyman, Allergan's Board of Directors will continue to have 12 members, of which 10 are independent.

by RTTNews Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Quick Facts

Editors Pick
Hundreds of Google employees signed a petition protesting the company's secret project to develop a censored version of its search engine for China. In a letter, posted by Buzzfeed and first reported by the New York Times, the employees said that work on the project and Google's return to China raises "urgent moral and ethical issues." Google is trying to keep a foothold in China. U.S. President Donald Trump has expressed support for a possible end to quarterly earnings reports for publicly traded companies, saying it would allow greater flexibility and save money. Nvidia Corp. (NVDA) Thursday reported a surge in its second-quarter profit, driven largely by a better-than-expected growth in revenues and strong margins. However, shares of the graphics chip maker slipped about 4 percent in extended session, as its revenue outlook for the current quarter fell short...
Follow RTT