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.

To contact the editor responsible for this story: Kristen Hallam at khallam@bloomberg.net

Press spacebar to pause and continue. Press esc to stop.

Bloomberg reserves the right to remove comments but is under no obligation to do so, or to explain individual moderation decisions.

Please enable JavaScript to view the comments powered by Disqus.