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AbbVie | 8-K: Kevin K. Buckbee Plans to Retire as AbbVie's Controller

SEC ·  Dec 14, 2024 05:09

Summary by Futu AI

AbbVie announced that Kevin K. Buckbee, Senior Vice President and Controller, will retire effective March 1, 2025. The company has appointed David R. Purdue, 47, as his successor in the role of Senior Vice President, Controller.Purdue, who currently serves as Vice President, Controller, Commercial Operations since 2022, brings extensive experience from various finance leadership positions at AbbVie and Abbott Laboratories. His previous roles include Vice President, Treasurer; Vice President, Financial Planning and Analysis; and Vice President, Finance Integration Lead. Purdue has been with the organization since joining Abbott Laboratories in 2003.In his new role, Purdue will receive an annual base salary of $550,000 and will be eligible for the Performance Incentive Plan with a target bonus of 85% of his base salary, subject to performance targets.
AbbVie announced that Kevin K. Buckbee, Senior Vice President and Controller, will retire effective March 1, 2025. The company has appointed David R. Purdue, 47, as his successor in the role of Senior Vice President, Controller.Purdue, who currently serves as Vice President, Controller, Commercial Operations since 2022, brings extensive experience from various finance leadership positions at AbbVie and Abbott Laboratories. His previous roles include Vice President, Treasurer; Vice President, Financial Planning and Analysis; and Vice President, Finance Integration Lead. Purdue has been with the organization since joining Abbott Laboratories in 2003.In his new role, Purdue will receive an annual base salary of $550,000 and will be eligible for the Performance Incentive Plan with a target bonus of 85% of his base salary, subject to performance targets.

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