Abbott's White Stands Behind Exec in Resume Flap
Abbott's White stands behind exec in resume flap [Chicago Tribune]
From Chicago Tribune (IL) (October 3, 2012)
Oct. 03--Abbott Laboratories Chief Executive Miles White has backed Richard Gonzalez, the prospective leader of the pharmaceutical firm Abbott plans to spin off at the end of 2012 who has come under scrutiny for inaccuracies in his corporate biography.
In a letter to Abbott employees sent Monday, White called Gonzalez "one of the finest leaders, businessmen and individuals I have known," and said he and the Abbott board "are fully confident in him and his ability to lead AbbVie."
The memo was initially posted by the blog Pharmalot and confirmed by Abbott.
White selected Gonzalez, 58, to be chairman and CEO of the pharmaceutical firm to be named AbbVie. He is now an Abbott senior vice president of global pharmaceuticals.
Last week, Abbott confirmed that Gonzalez did not graduate from college despite corporate regulatory filings and its website saying he received a bachelor’s degree from the University of Houston and a master’s degree from the University of Miami, both in biochemistry.
The errors appeared over a six-year period ending in 2007, when Gonzalez retired from the company after more than 30 years.
Abbott said separately on Monday that Gonzalez reported the inaccuracies between the time he left the company in 2007 and when he returned in 2009. The company also said its board "fully discussed" the issue before selecting Gonzalez for the top job at AbbVie.
The company, which declined to make Gonzalez available for an interview, did not say how the misstatements occurred or why neither Gonzalez nor anyone else at the company caught them until after he left the company.
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Posted: October 2012