Valeant Is Seeking Perrigo's Papa as New CEO, WSJ Reports
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Valeant Pharmaceuticals International Inc. is finalizing a contract to hire Perrigo Co.’s chief executive officer, Joseph Papa, the Wall Street Journal reported.
Valeant had been aiming to announce the move as early as next week, but the appointment has hit a roadblock as the Perrigo board hasn’t said whether it would allow Papa to void a non-compete clause in his contract, the publication reported, citing people familiar with the matter.