Infant formula maker Mead Johnson Nutrition (MJN -0.4%) says its president and CEO Steve Golsby...
Friday, June 15, 2012, 12:23 PM ETInfant formula maker Mead Johnson Nutrition (MJN -0.4%) says its president and CEO Steve Golsby plans to retire next year. The comany's picked COO Kasper Jakobsen as CEO-elect and appointed him to the board, effective immediately. He will continue as COO. D.A. Davidson analyst Tim Ramey says the succession plan an orderly one, and it doesn't alter his view on the company. The firm maintains its "neutral" rating on the shares.
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