AbbVie announces that its Board of Directors has unanimously elected CEO Robert A Michael to fill the additional position of Chairman of the Board, effective July 1.
He will succeed Richard A Gonzalez, who previously held the position of CEO of AbbVie and who has been Chairman of the Board since the creation of the healthcare group following the demerger of Abbott in 2013.
In addition, Glenn F Tilton will retire from AbbVie's Board of Directors as of July 1. He served as lead independent director from 2013 to 2024, and was replaced in this role by Roxanne Austin in July 2024.
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AbbVie Inc. specializes in therapeutic drug research and development. Its products are intended for treating rheumatoid arthritis, psoriasis, Crohn's disease, thyroid disease, Parkinson's disease, HIV, complications of mucoviscidosis, low testosterone levels, and complications associated with chronic renal disease.
Net sales are distributed geographically as follows: the United States (76.2%), Germany (2.8%), Japan (2.1%), Canada (2%), China (1.6%), France (1.3%), the United Kingdom (1%), Spain (1%), Italy (0.9%), Brazil (0.8%), Australia (0.8%), and Other (9.5%).
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