Allergan Board Selects Three New Members.IRVINE, Calif.--(BW HealthWire)--Nov. 17, 1998--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) ) announced the election of three new members to its Board of Directors: Michael R. Gallagher Michael R. Gallagher was the CEO and Director of Playtex Products, Inc., from July 1995 until his retirement in December 2004. Prior to that, Gallagher was CEO of North America for Reckitt & Colman PLC, a consumer products company based in London. , Karen R. Osar, and Ronald M. Cresswell, Ph.D., effective today. These appointments increase the number of Allergan's directors to twelve. Commenting on the appointments, Herbert W. Boyer, Ph.D., Chairman of the Board stated, "The addition of these three proven business leaders further strengthens our board and extends its breadth of experience in scientific research, consumer product marketing and international finance. Each of these individuals brings a different set of competencies to the board which complement those of our existing members. This will enhance the expertise and effectiveness of the board as a whole and ensure that, at this time of increased market growth for Allergan's product lines and of continued successes in research and development, strategic options for continued enhancement of shareholders' value are fully explored, developed and pursued." Michael R. Gallagher, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Playtex Products Inc., since 1995, brings invaluable broad-based personal care and consumer products experience to Allergan's board. Prior to Playtex, Mr. Gallagher was Chief Executive Officer for Reckitt & Colman North America, a $4 billion consumer products company based in London. Mr. Gallagher earned his reputation as he rose through the ranks of a variety of senior management positions over an eleven-year period for Sterling Drug, Inc. and Eastman Kodak, including CEO of L&F Products. He has also held senior positions at The Clorox Company and Procter & Gamble, where he began his career. He received both a bachelor's degree and an M.B.A. from the University of California at Berkeley (body, education) University of California at Berkeley - (UCB) See also Berzerkley, BSD. http://berkeley.edu/. Note to British and Commonwealth readers: that's /berk'lee/, not /bark'lee/ as in British Received Pronunciation. . Karen R. Osar currently serves as Tenneco Inc's Vice President and Treasurer and has a wide range of financial management experience. Tenneco is an $8 billion packaging and auto parts manufacturer with operations worldwide. Ms. Osar's expertise includes capital markets, foreign currency, mergers and acquisitions finance, IPOs, and structured finance. Previously, Ms. Osar served at J.P. Morgan for eighteen years in various positions of increased responsibility. She advanced through a number of international and corporate finance assignments and last served as a Managing Director in the Financial Institutions Group. Ms. Osar also worked at Banco do Brasil Banco do Brasil S.A. is a major Brazilian bank headquartered in BrasÃlia. The bank was founded in 1808 and is the oldest surviving bank in Brazil — one of the oldest of Latin America. in New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of after graduating from Smith College in Massachusetts. She earned her M.B.A. at Columbia University in New York. Ronald M. Cresswell, Ph.D., world-renowned scientific leader and Chief Scientific Officer for Warner-Lambert Company, joins the Board with more than thirty years of international pharmaceutical company management experience, and an outstanding record of achievement in research and development. Dr. Cresswell, is a fellow of the Royal Society Fellow of the Royal Society is an honour accorded to distinguished scientists and a category of membership of the Royal Society. Fellows are entitled to put the letters FRS after their name. Up to 44 new fellows are elected each year by ballot of the existing fellows. of Edinburgh, the Royal Society of Medicine, and the Royal Society of Arts The Royal Society for the Encouragement of Arts, Manufactures and Commerce (RSA) is a British multi-disciplinary institution, based in London. The name Royal Society of Arts and Commerce. He also serves on the board of Nycomed Amersham, plc. After receiving his bachelor of science Noun 1. Bachelor of Science - a bachelor's degree in science BS, SB bachelor's degree, baccalaureate - an academic degree conferred on someone who has successfully completed undergraduate studies and Ph.D. degrees in Applied Chemistry at the University of Glasgow The University of Glasgow (Scottish Gaelic: Oilthigh Ghlaschu, Latin: Universitas Glasguensis) was founded in 1451, in Glasgow, Scotland. , in Scotland, Dr. Cresswell completed post-doctoral work at Sloan Kettering Hospital in New York. He then became a senior biochemist at Burroughs Wellcome Company where he eventually was responsible for the company's worldwide R&D efforts. Subsequently, Dr. Cresswell joined Laporte Industries, Ltd. in London, where he served as Chief Operating Officer Chief Operating Officer (COO) The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president. until joining Parke-Davis in 1988 as President of Parke-Davis Pharmaceutical Research, a division of Warner-Lambert Company. David Pyott, President and CEO of Allergan commented, "I am truly delighted to have Karen Osar, Ronald Cresswell and Michael Gallagher join our board at this dynamic point in Allergan's history. After working through many necessary management and organizational changes this year, the addition of these new members to our board is yet another sign of our heightened commitment to act at every level in the company. These three accomplished individuals, along with our current board members, provide us with a board of experienced, proven business leaders who can offer sound operating and strategic advice to our top-notch management team as we seek to build upon our achievements as a global eye care and specialty pharmaceutical leader. I join the board, our shareholders, employees and customers in welcoming them to our prosperous, growing company." Allergan, Inc. headquartered 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 pharmaceutical, ophthalmic surgical device, over-the-counter contact lens contact lens, thin plastic lens worn between the eye and eyelid that may be used instead of eyeglasses. Actors, models, and others wear them for appearance, and athletes use them for safety and convenience. care, movement disorder, and dermatological markets that deliver value to our customers, satisfy unmet medical needs and improve patients' lives. |
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