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Baxter CEO is former Abbott exec

Executive Summary

Former Abbott president Robert Parkinson, 53, becomes Baxter chairman and CEO on April 26. Parkinson's primary task will be to restore investor confidence and earnings visibility at Baxter after several quarters of missed earnings targets led to the resignation of Harry Kraemer as the company's top executive (1"The Pink Sheet" Feb. 2, 2004, In Brief). Parkinson has been dean of Loyola University Chicago's business school since 2002 and was Abbott Labs president and chief operating officer from 1999 to 2002...
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