Mylan CFO to retire

PITTSBURTGH — Mylan on Friday announced the retirement of CFO John Sheehan, effective April 1. The company’s board is currently seeking a replacement for Sheehan, who has been CFO for six years. 

 

“John has been a valued partner since he joined Mylan in 2010 and, during the next several months, he will help to ensure a smooth transition of his CFO responsibilities while we identify a successor,” CEO Heather Bresch said. “We have in place the financial strength and flexibility, strong business momentum and deep leadership team to ensure Mylan's continued growth and success.”

 

Mylan’s executive chairman Robert Coury noted that Sheehan has contributed to the company’s financial success since joining, and expressed gratitude for his time. 

 

“I am very grateful for the opportunity to have served as CFO of Mylan during such an exciting period of growth and expansion for the company,” Sheehan said. “This has been the most professionally rewarding experience of my career and I am very proud of all that Mylan has accomplished. I am confident that the talented and dedicated team here will continue to drive strong growth and shareholder value going forward, and I look forward to handing the reins over to my successor.”