
Hospira Inc. (NYSE:HSP) ended its search for a CEO by luring Allergan Inc. (NYSE:AGN) president Michael Ball to the corner office in San Diego.
Ball, 55, replaces Hospira founder Christopher Begley, who’s staying on as executive chairman.
Ball spent 16 years at Allergan, rising to president after stints leading its pharmaceuticals , global eye care and North American businesses.
Allergan added president to the sign on chairman and CEO David Pyott’s door, re-appointing him to replace Ball.
“Mike has continuously made significant contributions to the success of Allergan during his 16 years of service and has been a key partner since I arrived in January 1998,” Pyott said in prepared remarks. “His appointment as chief executive officer of Hospira is a testament to his many skills and his leadership capabilities. We wish him much success in the next stage of his career.”
Wall Street seemed to like Hospira’s move — its stock had climbed about 1 percent by mid-morning, to $53.90 per share.
Here’s a roundup of other recent personnel moves:
- AdvaMed names Semprus CEO Lucchino to its board
The Advanced Medical Technology Assn. tapped Semprus BioSciences CEO David Lucchino for its board of directors.Read more
- CareFusion names Nunez as CMO
CareFusion Corp. (NYSE:CFN) named Picis veteran Dr. Carlos Nunez to be its chief medical officer.
- JenaValve grabs BSX clinical leader Leadley for CMO spot
Aortic valve company JenaValve Technology Inc. appointed Dr. Katrin Leadley as its first CMO, fresh from a seven-year stint in Boston Scientific Corp.’s (NYSE:BSX) clinical sciences operation. - Minnesota health IT firm names first CMO
Health IT firm RedBrick Health hired its first chief medical officer in response to a rapid growth in business. The Minneapolis, Minnesota-based software firm named Jeff Dobro to the newly created position of CMO. - Ortho Kinematics taps two for sales, clinical spots
Spine motion analysis firm Ortho Kinematics hired David Muller as vice president of sales and Ken Walker as director of clinical operations. - TearScience names O’Hara North American sales VP
TearScience Inc. appointed Jeff O’Hara as vice president of sales for North America. - Boston Software Systems names Blackwell VP of technical services
Workflow automation company Boston Software Systems named Thom Blackwell as vice president of technical services. - Xeridiem Medical names Moomjian as biz-dev VP
Xeridiem Medical Devices appointed Renae Moomjian vice president of business development. - NeoStem names Kolbert VP of strategic biz-dev
NeoStem, Inc. (NYSE:NBS) named Jason Kolbert vice president of strategic business development. - Nexus Dx adds Abbott vet Nemmers to board
Point-of-care diagnostics firm Nexus Dx Inc. added Joseph Nemmers Jr., a former executive VP at Abbott (NYSE:ABT), to tits board of directors, effective immediately.
Check out MassDevice’s compilation of other recent personnel moves.
Material from MedCity News was used in this report.