logo
  

Hikma Pharma CEO Siggi Olafsson Resigns - Quick Facts

Hikma Pharmaceuticals PLC (HIK,HIK.L) announced Tuesday that Siggi Olafsson has resigned as Chief Executive Officer, and from the Board of Directors, to pursue other opportunities. Olafsson will remain available to the company until he departs on June 24.

Said Darwazah, Hikma's Executive Chairman and former CEO, will assume all CEO responsibilities. He will continue to work closely with the Executive Committee, including Hikma's three divisional presidents.

Hikma said its Board has initiated an externally facilitated process to identify a new CEO.

Darwazah said, "... I would like to thank Siggi for his leadership over the past four years. Together with the Executive Committee, he has worked tirelessly to drive strategic momentum across all three businesses, especially during the challenging days of the pandemic. Hikma is on a strong footing and well positioned for future growth.."

For comments and feedback contact: editorial@rttnews.com

Business News

Editors Pick
A multi-state listeria outbreak that has killed one and sickened at least 23 others has been linked to Florida -based Big Olaf Creamery brand ice cream, according to the Centers for Disease Control and Prevention or CDC. The outbreak strain has been reported from 10 states, resulting in 22 hospitalizations. One death has been reported from Illinois. Natreve, a premium wellness company, is recalling certain Vegan Protein Powder due to undeclared milk, a known allergen, the U.S. Food and Drug Administration said. The recall involves specific batches of its Vegan Protein Powder French Vanilla Wafer Sundae flavor. The impacted products are stored in 13 oz (10 servings) and 1.47lb (18 servings) white tubs. The Federal Communications Commission or FCC has granted SpaceX Services, Inc. authorization to use its Starlink satellite internet system on vehicles in motion. SpaceX, owned by Elon Musk, is allowed to operate consumer and enterprise Ku-band Earth Stations in Motion or ESIM using frequencies allocated to the fixed satellite service. The approval would help the company to expand its services to
Follow RTT