Makes us stronger. Old CFO probably didn't want/need to take on the new international challenges. He will be 57 by the time everything is done, and there will probably be alot of international travel, etc. that will be required.
New CFO used to work for international company Unilever as well as having completed the integration of a merger between Office Depot and Office Max. Can't beat that type of experience going forward for HZNP plc, a rapidly growing international company.
I am no Mike or PB, but it's a retirement, not jumping ship to another company. AND he is staying on until Sept (so he will oversee final merger close), AND he is consulting for another 1 year, in case......
This seems to me, well planned transition and amicable one, based on the PR.
What is interesting more than CFO's retirement is the new guy is from non bio firm. That to me is more interesting. I have no idea what that means.
As far as any negative impact on the company or its stock price. NONE at all. today's action is due to fed decision uncertainty. (although as i write this, FED just came out w/ its decision)
More like knee surgery, actually. Actually, EXACTLY like knee surgery - from which I am recovering nicely thank you - which has made it rather uncomfortable to sit at the computer for extended periods of time.
That said, the CFO's retirement shouldn't be a huge operational impact to the company. It appears that his successor is quite well-qualified and the transition should be a smooth one.