Mylan names new CFO

PITTSBURGH — Mylan on Tuesday announced the appointment of Kenneth Parks as its new CFO, effective June 6. Parks, who has more than 30 years of corporate finance experience, will join Mylan from Wesco International, a provider of electrical, industrial and communications products, where he is VP and CFO. 

 

Before Wesco, Parks worked for much of his career at United Technologies Corp. (UTC), in various financial roles both in the United States and abroad. Most recently he was VP finance, having also served as investor relations director and as a VP financial planning and analysis for UTC’s Carrier Corp. division. 

 

“Ken is a proven finance leader with an impressive track record operating in complex, global cultures and manufacturing environments,” Mylan CEO Heather Bresch has successfully led organizations through numerous periods of change, including overseeing significant acquisitions, expansion into emerging markets and restructurings.”

 

Parks will oversee all of Mylan’s global finance functions, including accounting and control, financial planning and analysis, investor relations, treasury and tax. 

 

“Mylan's dynamic business and unique culture, strong track record of growth and value-creation, and exciting outlook for the future make this an exceptional opportunity,” Parks said. “I look forward to joining Mylan's leadership team and working with Mylan's experienced finance organization to bring value to the organization and contribute to its future success in providing the world's population with access to high-quality medicine.”