Shire Says CEO Russell to Retire in 2013; Ornskov Joins Board

Shire Plc (SHP) Chief Executive Officer Angus Russell will retire next year, after 13 years with the drugmaker, the Dublin-based company said today in a statement.

Flemming Ornskov will join Shire’s board as CEO-designate on Jan. 2 and take over the top job on April 30, the company said.

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