CFO Lattanzi To Retire From King June 1
This article was originally published in The Pink Sheet Daily
King CFO James Lattanzi is retiring from the pharmaceutical manufacturer effective June 1
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King is increasing the number of finance and accounting supervisory personnel to address a "material weakness" in its financial reporting processes
"Significant enhancements" in commercial operations and business development organizations will allow King to grow as a standalone company, the firm says. Mylan and King announce termination of their proposed merger one day before the "walk-away" date.
Mylan hopes to retain King CFO James Lattanzi to oversee the company's Bristol, Tenn. operations following the pending merger between the two companies