Akorn Announces Interim CEO, New CFO

Akorn, manufacturer and marketer of sterile specialty pharmaceuticals, announced Raj Rai as interim CEO and Timothy Dick as CFO, according to an Akorn news release.

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Mr. Rai has been a strategic consultant to Akorn for the past three months and has 15 years of experience in the healthcare industry. Most recently, he was the president and CEO of Option Care, a leading pharmacy services provider of home infusion therapies and specialty pharmaceuticals. He will serve as CEO while the board of directors searches to find a permanent replacement.

Mr. Dick joins Akorn from Walgreens-Option Care, where he served as vice president of operations improvement and analysis with responsibility for finance, pricing and process improvement. He has held various leadership positions in the areas of financial planning, analysis and acquisitions at Option Care.

Akorn also announced the appointment of Joseph Bonaccorsi as senior vice president, General Counsel and secretary.

Read the release about the new Akorn CEO and CFO.

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