NYSE:PRGOPharmaceuticals
Perrigo CEO Exit Puts Governance Dividend Safety And Valuation In Focus
Perrigo (NYSE:PRGO) announced the immediate resignation of CEO and President Patrick Lockwood-Taylor following a Board determination of conduct inconsistent with the company’s Code of Conduct and core values.
The company stated the issue is unrelated to Perrigo’s operations or financial reporting.
Board member Albert A. Manzone has been appointed Interim CEO while a comprehensive search for a permanent CEO is underway.
Perrigo’s leadership change comes at a time when the stock has faced...