Akorn, Inc. (AKRX) Appoints Raj Rai as Interim Chief Executive Officer
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Akorn, Inc. (NASDAQ: AKRX) announced the appointment of Raj Rai as Interim Chief Executive Officer while the Board of Directors conducts a search to find a permanent replacement. Mr. Rai replaces Jeffery A. Whitnell, who is leaving the company to pursue other interests.
Mr. Rai has been a strategic consultant to the company for the past three months. Mr. Rai has 15 years of healthcare services background. Most recently, he was the President and CEO of Option Care, Inc. (NASDAQ: OPTN) a leading pharmacy services provider of home infusion therapies and specialty pharmaceuticals. During his tenure with Option Care, Inc., Mr. Rai was instrumental in the rapid expansion and growth of the company. Walgreen Co. acquired the company in 2007.[SM]
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