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BAXTER WILL NOT REPLACE PRESIDENT TOBIN FOLLOWING DEC. 23 RESIGNATION

This article was originally published in The Gray Sheet

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Executive Summary

BAXTER WILL NOT REPLACE PRESIDENT TOBIN FOLLOWING DEC. 23 RESIGNATION; his duties as chief operating officer are being reallocated to the three remaining members of Baxter's Office of the Chief Executive: Chairman/CEO Vernon Loucks, Exec VP-Hospital Business Lester Knight, and Exec VP-Global Business Tony White. James Tobin, 49, resigned as president, chief operating officer and board member "effective immediately."

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This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call +44 (0) 20 3377 3183

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