
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.