{"id":813353,"date":"2025-02-14T07:44:13","date_gmt":"2025-02-14T12:44:13","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/abbvie-appoints-ceo-robert-a-michael-as-chairman-of-the-board-of-directors\/"},"modified":"2025-02-14T07:44:13","modified_gmt":"2025-02-14T12:44:13","slug":"abbvie-appoints-ceo-robert-a-michael-as-chairman-of-the-board-of-directors","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/abbvie-appoints-ceo-robert-a-michael-as-chairman-of-the-board-of-directors\/","title":{"rendered":"AbbVie Appoints CEO Robert A. Michael as Chairman of the Board of Directors"},"content":{"rendered":"<div class=\"xn-newslines\">\n<p class=\"xn-distributor\">PR Newswire<\/p>\n<\/p><\/div>\n<div class=\"xn-content\">\n<ul type=\"disc\">\n<li>\n          <i><br \/>\n            <span class=\"xn-person\">Richard A. Gonzalez<\/span> to retire from the board of directors effective <span class=\"xn-chron\">July 1, 2025<\/span><\/i>\n        <\/li>\n<\/ul>\n<p>\n        <span class=\"legendSpanClass\"><br \/>\n          <span class=\"xn-location\">NORTH CHICAGO, Ill.<\/span><br \/>\n        <\/span>, <span class=\"legendSpanClass\"><span class=\"xn-chron\">Feb. 14, 2025<\/span><\/span> \/PRNewswire\/ &#8212; AbbVie (NYSE: ABBV) today announced that its board of directors has unanimously elected chief executive officer (CEO) <span class=\"xn-person\">Robert A. Michael<\/span> to assume the additional position of chairman, effective <span class=\"xn-chron\">July 1, 2025<\/span>. He will succeed\u00a0Richard A. Gonzalez, who formerly served as AbbVie&#8217;s CEO and has been chairman since the Company&#8217;s formation in 2013.<\/p>\n<p>&#8220;I want to extend my heartfelt gratitude to Rick for his remarkable leadership and dedicated service,&#8221; said <span class=\"xn-person\">Roxanne S. Austin<\/span>, lead independent director. &#8220;The board and I have complete confidence in Rob, and we are fortunate to have him assume the role of chairman. Rob is a visionary leader who operates with integrity and a steadfast commitment to AbbVie, its people, patients and shareholders. He is the right leader to guide this company into its next phase of growth.&#8221;<\/p>\n<p>&#8220;I am honored to take on the role of chairman,&#8221; said <span class=\"xn-person\">Robert A. Michael<\/span>, chief executive officer. &#8220;On behalf of our employees around the world, I extend my sincere gratitude to Rick for his exceptional leadership over the past 12 years. I look forward to partnering with the board to build on AbbVie&#8217;s track record of success and to make a remarkable impact for our patients, employees, shareholders and communities.&#8221;<\/p>\n<p>&#8220;I am deeply grateful to the board for their strategic vision and support over the past 12 years,&#8221; said <span class=\"xn-person\">Richard A. Gonzalez<\/span>, executive chairman of the board and former chief executive officer. &#8220;Serving alongside the talented people of AbbVie has been the greatest privilege of my career. I am confident that Rob and the board will successfully lead AbbVie into the future, continuing to deliver groundbreaking medicines for our patients and creating tremendous value for our shareholders.&#8221;<\/p>\n<p>In addition, <span class=\"xn-person\">Glenn F. Tilton<\/span> will retire from AbbVie&#8217;s board effective <span class=\"xn-chron\">July 1, 2025<\/span>. Mr. Tilton served as lead independent director from 2013 to 2024 and was succeeded by Ms. Austin in <span class=\"xn-chron\">July 2024<\/span>.<\/p>\n<p>\n        <b>About <span class=\"xn-person\">Robert A. Michael<\/span><\/b>\n      <\/p>\n<p>Mr. Michael is AbbVie&#8217;s chief executive officer (CEO). Prior to being named CEO, Mr. Michael was president and chief operating officer of AbbVie and has been a longstanding member of the Company&#8217;s Executive Leadership Team. From establishing AbbVie&#8217;s first financial planning organization, to developing its diversified business strategy, to successfully navigating the end of exclusivity for Humira in the U.S., Mr. Michael has been integral to AbbVie&#8217;s success and growth over the years. In the role of president and chief operating officer, Mr. Michael was responsible for global commercial operations, finance, corporate human resources, global operations, business development and corporate strategy for the company. He was previously appointed vice chairman and president in 2022, vice chairman, finance and commercial operations in 2021 and chief financial officer in 2018. Mr. Michael has more than 32 years of experience including leadership roles across multiple businesses, including pharmaceuticals, aesthetics, diagnostics, diabetes care and nutrition. He began his career with <span class=\"xn-location\">Abbott<\/span> as a member of the financial development program.<\/p>\n<p>\n        <b>About AbbVie<\/b>\n      <\/p>\n<p>AbbVie&#8217;s mission is to discover and deliver innovative medicines and solutions that solve serious health issues today and address the medical challenges of tomorrow. We strive to have a remarkable impact on people&#8217;s lives across several key therapeutic areas \u2013 immunology, oncology, neuroscience, and eye care \u2013 and products and services in our Allergan Aesthetics portfolio. For more information about AbbVie, please visit us at\u00a0<a href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=4362703-1&amp;h=3576987277&amp;u=https%3A%2F%2Fc212.net%2Fc%2Flink%2F%3Ft%3D0%26l%3Den%26o%3D4196179-1%26h%3D2374901866%26u%3Dhttps%253A%252F%252Fc212.net%252Fc%252Flink%252F%253Ft%253D0%2526l%253Den%2526o%253D4093938-1%2526h%253D334055253%2526u%253Dhttp%25253A%25252F%25252Fwww.abbvie.com%25252F%2526a%253Dwww.abbvie.com%26a%3Dwww.abbvie.com&amp;a=www.abbvie.com\" target=\"_blank\" rel=\"nofollow\">www.abbvie.com<\/a>. Follow @abbvie on\u00a0<a href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=4362703-1&amp;h=1713863480&amp;u=https%3A%2F%2Fc212.net%2Fc%2Flink%2F%3Ft%3D0%26l%3Den%26o%3D4196179-1%26h%3D3136361688%26u%3Dhttps%253A%252F%252Fc212.net%252Fc%252Flink%252F%253Ft%253D0%2526l%253Den%2526o%253D4093938-1%2526h%253D2021265669%2526u%253Dhttps%25253A%25252F%25252Fwww.linkedin.com%25252Fcompany%25252Fabbvie%25252F%2526a%253DLinkedIn%25252C%26a%3DLinkedIn%252C&amp;a=LinkedIn%2C\" target=\"_blank\" rel=\"nofollow\">LinkedIn,<\/a>\u00a0<a href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=4362703-1&amp;h=1227677513&amp;u=https%3A%2F%2Fc212.net%2Fc%2Flink%2F%3Ft%3D0%26l%3Den%26o%3D4196179-1%26h%3D3038185591%26u%3Dhttps%253A%252F%252Fc212.net%252Fc%252Flink%252F%253Ft%253D0%2526l%253Den%2526o%253D4093938-1%2526h%253D425200487%2526u%253Dhttps%25253A%25252F%25252Fwww.facebook.com%25252FAbbVieGlobal%25252F%2526a%253DFacebook%26a%3DFacebook&amp;a=Facebook\" target=\"_blank\" rel=\"nofollow\">Facebook<\/a>,\u00a0<a href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=4362703-1&amp;h=1181222426&amp;u=https%3A%2F%2Fc212.net%2Fc%2Flink%2F%3Ft%3D0%26l%3Den%26o%3D4196179-1%26h%3D3863722298%26u%3Dhttps%253A%252F%252Fc212.net%252Fc%252Flink%252F%253Ft%253D0%2526l%253Den%2526o%253D4093938-1%2526h%253D1165969729%2526u%253Dhttps%25253A%25252F%25252Fwww.instagram.com%25252Fabbvie%25252F%2526a%253DInstagram%26a%3DInstagram&amp;a=Instagram\" target=\"_blank\" rel=\"nofollow\">Instagram<\/a>,\u00a0<a href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=4362703-1&amp;h=1221640571&amp;u=https%3A%2F%2Fx.com%2Fabbvie&amp;a=X+(formerly+Twitter)\" target=\"_blank\" rel=\"nofollow\">X (formerly Twitter)<\/a>, and\u00a0<a href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=4362703-1&amp;h=3854739477&amp;u=https%3A%2F%2Fwww.youtube.com%2Fuser%2FAbbVie&amp;a=YouTube.\" target=\"_blank\" rel=\"nofollow\">YouTube.<\/a><\/p>\n<p>\n        <b>AbbVie Forward-Looking Statements<\/b>\n      <\/p>\n<p>\n        <i>Some statements in this news release are, or may be considered, forward-looking statements for purposes of the Private Securities Litigation Reform Act of 1995. The words &#8220;believe,&#8221; &#8220;expect,&#8221; &#8220;anticipate,&#8221; &#8220;project&#8221; and similar expressions and uses of future or conditional verbs, generally identify forward-looking statements. AbbVie cautions that these forward-looking statements are subject to risks and uncertainties that may cause actual results to differ materially from those expressed or implied in the forward-looking statements. Such risks and uncertainties include, but are not limited to, challenges to intellectual property, competition from other products, difficulties inherent in the research and development process, adverse litigation or government action, and changes to laws and regulations applicable to our industry. Additional information about the economic, competitive, governmental, technological and other factors that may affect AbbVie&#8217;s operations is set forth in Item 1A, &#8220;Risk Factors,&#8221; of AbbVie&#8217;s 2023 Annual Report on Form 10-K, which has been filed with the Securities and Exchange Commission, as updated by its subsequent Quarterly Reports on Form 10-Q. AbbVie undertakes no obligation, and specifically declines, to release publicly any revisions to forward-looking statements as a result of subsequent events or developments, except as required by law.<\/i>\n      <\/p>\n<div>\n<table border=\"0\" cellspacing=\"0\" cellpadding=\"1\" class=\"prnbcc\">\n<tr>\n<td class=\"prngen2\" colspan=\"1\" rowspan=\"1\">\n<p class=\"prnml4\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>Media:<\/b><br \/>\n                <\/span>\n              <\/p>\n<p class=\"prnml4\">\n                <span class=\"prnews_span\">Jackie Pacelli<\/span>\n              <\/p>\n<p class=\"prnml4\">\n                <span class=\"prnews_span\">(224) 358-8128<\/span>\n              <\/p>\n<p class=\"prnml4\">\n                <span class=\"prnews_span\">jaquelin.pacelli@abbvie.com<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen2\" colspan=\"1\" rowspan=\"1\">\n<p class=\"prnml4\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>Investors: <\/b><br \/>\n                <\/span>\n              <\/p>\n<p class=\"prnml4\">\n                <span class=\"prnews_span\">Liz Shea <\/span>\n              <\/p>\n<p class=\"prnml4\">\n                <span class=\"prnews_span\">(847) 935-2211 <\/span>\n              <\/p>\n<p class=\"prnml4\">\n                <span class=\"prnews_span\">liz.shea@abbvie.com <\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<\/table><\/div>\n<p>\u00a0<\/p>\n<p id=\"PURL\">\n        <img loading=\"lazy\" decoding=\"async\" title=\"Cision\" width=\"12\" height=\"12\" alt=\"Cision\" src=\"https:\/\/c212.net\/c\/img\/favicon.png?sn=CG19424&amp;sd=2025-02-14\" \/> View original content:<a id=\"PRNURL\" rel=\"nofollow\" href=\"https:\/\/www.prnewswire.com\/news-releases\/abbvie-appoints-ceo-robert-a-michael-as-chairman-of-the-board-of-directors-302377064.html\" target=\"_blank\">https:\/\/www.prnewswire.com\/news-releases\/abbvie-appoints-ceo-robert-a-michael-as-chairman-of-the-board-of-directors-302377064.html<\/a><\/p>\n<p>SOURCE  AbbVie<\/p>\n<\/p><\/div>\n<p>    <img decoding=\"async\" alt=\"\" src=\"https:\/\/rt.prnewswire.com\/rt.gif?NewsItemId=CG19424&amp;Transmission_Id=202502140740PR_NEWS_USPR_____CG19424&amp;DateId=20250214\" style=\"border:0px;width:1px;height:1px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>PR Newswire Richard A. Gonzalez to retire from the board of directors effective July 1, 2025 NORTH CHICAGO, Ill. , Feb. 14, 2025 \/PRNewswire\/ &#8212; AbbVie (NYSE: ABBV) today announced that its board of directors has unanimously elected chief executive officer (CEO) Robert A. Michael to assume the additional position of chairman, effective July 1, 2025. He will succeed\u00a0Richard A. Gonzalez, who formerly served as AbbVie&#8217;s CEO and has been chairman since the Company&#8217;s formation in 2013. &#8220;I want to extend my heartfelt gratitude to Rick for his remarkable leadership and dedicated service,&#8221; said Roxanne S. Austin, lead independent director. &#8220;The board and I have complete confidence in Rob, and we are fortunate to have him assume the role of &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/abbvie-appoints-ceo-robert-a-michael-as-chairman-of-the-board-of-directors\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;AbbVie Appoints CEO Robert A. Michael as Chairman of the Board of Directors&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-813353","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>AbbVie Appoints CEO Robert A. Michael as Chairman of the Board of Directors - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/abbvie-appoints-ceo-robert-a-michael-as-chairman-of-the-board-of-directors\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"AbbVie Appoints CEO Robert A. Michael as Chairman of the Board of Directors - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"PR Newswire Richard A. Gonzalez to retire from the board of directors effective July 1, 2025 NORTH CHICAGO, Ill. , Feb. 14, 2025 \/PRNewswire\/ &#8212; AbbVie (NYSE: ABBV) today announced that its board of directors has unanimously elected chief executive officer (CEO) Robert A. Michael to assume the additional position of chairman, effective July 1, 2025. He will succeed\u00a0Richard A. Gonzalez, who formerly served as AbbVie&#8217;s CEO and has been chairman since the Company&#8217;s formation in 2013. &#8220;I want to extend my heartfelt gratitude to Rick for his remarkable leadership and dedicated service,&#8221; said Roxanne S. Austin, lead independent director. &#8220;The board and I have complete confidence in Rob, and we are fortunate to have him assume the role of &hellip; Continue reading &quot;AbbVie Appoints CEO Robert A. 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Gonzalez, who formerly served as AbbVie&#8217;s CEO and has been chairman since the Company&#8217;s formation in 2013. &#8220;I want to extend my heartfelt gratitude to Rick for his remarkable leadership and dedicated service,&#8221; said Roxanne S. Austin, lead independent director. &#8220;The board and I have complete confidence in Rob, and we are fortunate to have him assume the role of &hellip; Continue reading \"AbbVie Appoints CEO Robert A. Michael as Chairman of the Board of Directors\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/abbvie-appoints-ceo-robert-a-michael-as-chairman-of-the-board-of-directors\/","og_site_name":"Market Newsdesk","article_published_time":"2025-02-14T12:44:13+00:00","og_image":[{"url":"https:\/\/c212.net\/c\/img\/favicon.png?sn=CG19424&amp;sd=2025-02-14","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"4 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/abbvie-appoints-ceo-robert-a-michael-as-chairman-of-the-board-of-directors\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/abbvie-appoints-ceo-robert-a-michael-as-chairman-of-the-board-of-directors\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"AbbVie Appoints CEO Robert A. 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