Edition:
United States

Allergan Adopts Policy For Chairman To Be Independent Member Of Board


Friday, 22 Mar 2019 05:38pm EDT 

March 22 (Reuters) - Allergan plc ::ALLERGAN - ADOPTED POLICY TO PROVIDE THAT CHAIRMAN OF BOARD SHALL BE AN INDEPENDENT MEMBER OF BOARD TO BE PHASED IN WITH NEXT LEADERSHIP TRANSITION..ALLERGAN - BOARD FORMED MERGERS AND ACQUISITIONS COMMITTEE TO PROVIDE FOCUSED OVERSIGHT ON MERGERS, ACQUISITIONS, DIVESTITURES, OTHER TRANSACTIONS.ALLERGAN - BOARD ADOPTED ENHANCEMENTS TO LEAD INDEPENDENT DIRECTOR ROLE, RESPONDING TO SHAREHOLDER INPUT AND FURTHER STRENGTHENING THE POSITION..ALLERGAN - CATHERINE KLEMA WILL NOT BE STANDING FOR RE-ELECTION TO BOARD AT 2019 ANNUAL GENERAL MEETING OF SHAREHOLDERS..ALLERGAN - THOMAS FREYMAN WILL BECOME CHAIR OF COMPENSATION COMMITTEE OF THE BOARD, EFFECTIVE AS OF KLEMA’S RETIREMENT FROM BOARD.