The Strategist

US pharma company AbbVie changes CEO

02/21/2024 - 06:14

Board of directors of the US pharmaceutical giant AbbVie voted in favor of elevating Robert Michael, current president and chief operations officer, to the position of CEO.

US pharma company AbbVie changes CEO
Richard Gonzalez, the current CEO, has held the role since the company's founding in 2013. He will become executive chairman on July 1st.

Michael is going to the board as well.

Gonzalez stated in a press release, "The board and I have been preparing a smooth CEO transition for some time. Rob should be given the role at this time."

The value of the pharmaceutical company's stock barely moved on Tuesday.