Allergan Adds Accomplished Financial Executive to Its Board of Directors.Business Editors IRVINE, Calif.--(BUSINESS WIRE)--Feb. 28, 2003 Allergan, Inc. (NYSE NYSE See: New York Stock Exchange :AGN AGN Again (Amateur Radio) AGN Active Galactic Nucleus AGN Acute Glomerulonephritis AGN Accountants Global Network AGN Air Gabon (ICAO code) ) today announced that Russell T. Ray was appointed to the Company's Board of Directors effective April 1, 2003. Mr. Ray is a Managing Director of Chesapeake Strategic Advisors, a firm specializing in providing advisory services advisory services advisory services provided to the public, in their capacity as owners and managers of animals, are an important part of veterinary science. They may be provided by government bureaux, by commercial companies who deal in pharmaceuticals or animals or animal to health care and life sciences companies. Prior to founding Chesapeake, Mr. Ray was the Global Co-Head of the Credit Suisse First Boston Credit Suisse First Boston was originally the trading name of the Financière Crédit Suisse-First Boston, a London-based 50-50 investment banking joint venture formed in 1978 between the First Boston Corporation and Credit Suisse. Health Care Investment Banking Group, where he focused on providing strategic and financial advice to life sciences, health care services and medical device companies. During his investment banking career, Mr. Ray successfully completed over 175 transactions for leading health care companies worldwide. "The appointment of Russell Ray brings to Allergan's Board of Directors a leading expert respected for his extensive knowledge, experience and success in the banking and finance industry," said David E.I. Pyott, Chairman, President and Chief Executive Officer of Allergan. "Russ' strengths help to diversify and accentuate an already strong Board whose vision and experience continue to foster growth and create stockholder value." Prior to joining Credit Suisse First Boston, Mr. Ray spent twelve years at Deutsche Bank and its predecessor entities; BT Alex. Brown and Alex. Brown; as Global Head of Health Care Investment Banking. He began his career in investment banking at Merrill Lynch in 1982 as a member of the firm's High Tech and Emerging Growth Group. Mr. Ray received his B.S. in Engineering from the U.S. Military Academy, a B.A. in Zoology zoology, branch of biology concerned with the study of animal life. From earliest times animals have been vitally important to man; cave art demonstrates the practical and mystical significance animals held for prehistoric man. and Ecology from the University of Washington, an M.S. in Biology from the University of Pennsylvania (body, education) University of Pennsylvania - The home of ENIAC and Machiavelli. http://upenn.edu/. Address: Philadelphia, PA, USA. and an M.B.A. in Finance from the Wharton School. Forward-Looking Statements Statements regarding future plans, forecasts, and events are "forward-looking statements." These statements are based on current expectations and intentions only. If underlying assumptions prove inaccurate, or unknown risks or uncertainties materialize, actual results could vary materially from the Company's expectations. Information concerning risk factors can be found in press releases issued by Allergan as well as Allergan's public periodic filings with the Securities and Exchange Commission, including the discussion under the heading "Certain Factors and Trends Affecting Allergan and its Businesses" in Allergan's 2001 Form 10-K Form 10-K A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information. Form 10-K See 10-K. and its Form 10-Q Form 10-Q See 10-Q. for the quarter ended September 27, 2002. Copies of Allergan's press releases and additional information about Allergan are available on the World Wide Web at www.allergan.com, or you can contact the Allergan Investor Relations Investor relations The process by which the corporation communicates with its investors. Department by calling 714/246-4636. About Allergan, Inc. Allergan, Inc., with headquarters in Irvine, California, is a technology-driven, global health care company providing eye care and specialty pharmaceutical products worldwide. Allergan develops and commercializes products in the eye care, neuromodulator and skin care markets that deliver value to our customers, satisfy unmet medical needs, and improve patients' lives. |
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