Perrigo Names Exec to Lead its Branded Consumer Healthcare Segment

Perrigo Company has announced that Mr. Sharon Kochan, Perrigo's Executive Vice President and General Manager, International, will have expanded responsibilities that will now include providing leadership and strategic direction to the Company's Branded Consumer Healthcare ("BCH") segment following the resignation of Mr. Marc Coucke, who previously served as Executive Vice President and General Manager of the BCH segment.

Mr. Kochan was named Perrigo's Executive Vice President and General Manager, International in August 2012. He served as Executive Vice President, General Manager of Rx Pharmaceuticals from March 2007 to August 2012 and as Senior Vice President of Business Development and Strategy from March 2005 to March 2007. Prior to joining Perrigo, Mr. Kochan was Vice President, Business Development of Agis Industries (1983) Ltd. from July 2001 until the acquisition of Agis by the Company in March 2005. Mr. Kochan holds a B.Sc. degree in Industrial Engineering, cum laude, from Tel-Aviv University, and a M.Sc. degree in Management Science - Operations Research from Columbia University in the City of New York.

Perrigo's Chief Executive Officer John T. Hendrickson noted, "Sharon's background and ability to drive individuals and organizations to peak performance made my decision to appoint him to lead the BCH team a clear one. Perrigo is well-positioned for a great future, and the BCH team and business are important parts of that future. Perrigo is committed to the long-term prospects for the segment, and I am confident that we have the right team in place to lead and support this growing business during this transition. Aligned with the actions that we are taking to drive improved performance in the BCH segment, we have accepted the resignation of Marc Coucke. The Board and management team wish Marc well in his future endeavors."

Mr. Kochan commented, "I have had the opportunity to get to know the BCH business, including many of its capable leaders and employees, in my current role as Head of International, and I am truly honored to lead such a great business with its impressive pool of talent. Given BCH's expansive distribution platform, strong portfolio of OTC brands, and the entrepreneurial spirit of its employees, I am confident that the business is well-positioned for success and I am very pleased to be a part of that promising future."
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