tiprankstipranks
AbbVie Announces Leadership Change with New Appointment
Company Announcements

AbbVie Announces Leadership Change with New Appointment

Story Highlights

Pick the best stocks and maximize your portfolio:

AbbVie ( (ABBV) ) has shared an update.

AbbVie announced the retirement of Kevin K. Buckbee from his role as Senior Vice President, Controller, effective March 1, 2025, and the appointment of David R. Purdue to the position. Purdue, who has significant experience within AbbVie and its former parent company, Abbott Laboratories, will assume the role with an annual base salary of $550,000 and will be eligible for performance-based bonuses.

More about AbbVie

AbbVie is a biopharmaceutical company that focuses on developing and marketing advanced therapies for complex and serious diseases.

YTD Price Performance: 15.85%

Average Trading Volume: 5,917,235

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $306.1B

For a thorough assessment of ABBV stock, go to TipRanks’ Stock Analysis page.

Related Articles
TheFlyAbbVie to acquire Nimble Therapeutics for $200M cash at closing
TheFlyAbbVie completes acquisition of Aliada Therapeutics
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App