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Actavis Gets New CEO As Growth Strategy Shifts To Targeted Buys

Executive Summary

As Actavis revamps its manufacturing strategy in New Jersey, the firm will have new leadership at its headquarters in Hafnarfjordur, Iceland. Robert Wessman stepped down as CEO of Actavis Group Aug. 5, after serving in the position with Actavis Group for nearly 10 years. Wessman, who will remain on the Board of Directors, wants to focus on his company, Salt Investments.

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