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Emmens gets bumped up

The Philadelphia-based CEO of Shire P.L.C., Matthew Emmens, is getting bounced up to non-executive chairman of the U.K. company. He is being replaced as CEO by Angus Russell, the current CFO. Shire has about 600 people in Chester County, mainly because Emmens (that's him on the left) wanted to plant the company in the middle of Big Pharma territory in what became a kind of "ADHD Alley" in the suburbs, with another maker of attention-deficit hyperactivity drugs, McNeill, in Fort Washington. The Inquirer's business desk's Linda Loyd is working on a fuller story.

- Thomas Ginsberg

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This page contains a single entry from the blog posted on December 13, 2007 12:00 PM.

The previous post in this blog was Taking a Toll.

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