Amgen (AMGN) CEO Kevin Sharer will retire in May and be replaced by company President and COO...

|About: Amgen Inc. (AMGN)|By:, SA News Editor

Amgen (AMGN) CEO Kevin Sharer will retire in May and be replaced by company President and COO Robert Bradway. RBC Capital analyst Michael Yee says the biotech's new CEO will need to "reinvigorate a focus of innovation for new products and a focus on cutting expenses." Are both those possible? (PR)