Drugmaker Perrigo Hires Ex-Food and Tobacco Executive as CEO

By Anonymous

Altria and Lorillard veteran Murray Kessler will be the fourth person to lead the company since 2016


Maria Armental and

Stephen Nakrosis

Perrigo Co. has hired a former food and tobacco industry executive to lead the company, less than a year after the drugmaker picked a pharmaceutical and health care manufacturer veteran to lead a turnaround effort.

Murray S. Kessler, 59 years old, on Monday succeeded Uwe Röhrhoff as chief executive as Perrigo moves to separate its prescription pharmaceutical unit, which accounted for about one-fifth of revenue in 2017.