Perrigo Company Names C. Ted Borgel Vice President of Quality and Compliance
The Perrigo Company (NASDAQ: PRGO) today announced that C. Ted Borgel, a pharmaceutical industry veteran of more than 35 years, has been named Vice President of Quality and Compliance. In this capacity, he will be responsible for all quality assurance and regulatory compliance functions and will serve as a member of the Corporate Planning Team.
Perrigo President and Chief Executive Officer, David T. Gibbons, said, "We are very pleased that Ted has joined our executive management team. Establishing this senior-level position reflects our ever-present commitment to quality and is an additional step we are taking to ensure quality becomes an even greater competitive advantage for Perrigo going forward."
Mr. Borgel comes to Perrigo from Decision Management International, a regulatory consulting firm with expertise in regulatory compliance, manufacturing process improvement and documentation systems. Prior to Decision Management International, he held senior management roles at Eli Lilly, Cartrix Parenteral Systems, Alcon Laboratories and Bausch & Lomb. In his 18 years at Bausch & Lomb, he was Director of Operations, Vice President of Research and Development, Vice President of Operations and Vice President of Quality and Regulatory Affairs.
Perrigo Executive Vice President, Mark P. Olesnavage, stated, "Ted has an outstanding technical background in the pharmaceutical industry. His extensive experience in quality assurance and regulatory affairs, as well as operations and R&D, will enable Ted to play a significant role in guiding our continuing focus on quality compliance."
Perrigo Company is the nation's largest manufacturer of over-the-counter (non-prescription) pharmaceutical and nutritional products for the store brand market. Store brand products are sold by national and regional supermarket, drugstore and mass merchandise chains under their own labels and compete with nationally advertised brands. The Company's products include over-the-counter pharmaceuticals, such as analgesics, cough and cold remedies, antacids, laxatives, feminine hygiene and smoking cessation products, and nutritional products, such as vitamins, nutritional supplements and nutritional drinks. Visit Perrigo on the Internet at http://www.perrigo.com/ .
SOURCE: Perrigo Company
Contact: Ernest J. Schenk, Manager, Investor Relations and Communication
of Perrigo Company, 616-673-9212, or E-mail: Investor@perrigo.com
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