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Perrigo ( NYSE: PRGO ) said President and CEO Murray Kessler plans to retire, effective July 31.
Kessler will work with the board to find a successor and to ensure a smooth transition, the company added.
"From fourteen M&A transactions to reconfiguring the Company's portfolio, the near complete elimination of a $4 billion tax and legal overhang, to the strategic path put in place to create value for the future, I am proud of what my team, with the Board's support, has accomplished," commented Kessler.