Hospira ends search for CEO, naming Allergan veteran to the post
The board of directors of US specialty pharma and medication delivery firm Hospira (NYSE: HSP) has ended its search since last summer for a new chief executive, electing Michael Ball, currently president of Allergan, to succeed the company's founding CEO, Christopher Begley, who will assume the role of executive chairman, effective end March.
Irvine, California-based Allergan is not planning to replace Mr Ball, instead, re-appointing chairman and CEO David Pyott to the role of president, role, which he formerly held from 1998 until 2006.
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