Sepracor Executive Chairman Timothy Barberich to retire no later than May 13 |
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Published
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Mon, 31 Dec 2007 20:05
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NEW YORK (Thomson Financial) - Sepracor Inc. Monday said Executive Chairman Timothy Barberich plans to retire no later than May 13.In a Form 8-K filing with the Securities and Exchange Commission, the company said Barberich will serve as an advisor once he leaves the company and that he will serve in this role until Dec. 31, 2009.The stock was down 1.6% to $26.30 in afternoon action.Michael BaronmbCOPYRIGHTCopyright Thomson Financial News Limited 2007. All rights reserved.The copying, republication or redistribution of Thomson Financial News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Financial News.
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Sepracor posts $42.9M in net income; to cut 300 jobs 