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Gray to retire at Icon

The Associated Press

The former CEO and current vice chairman at Icon PLC will retire this summer, the outsourcing company said Tuesday.

Peter Gray stepped down as CEO in October and plans to retire from his current role at the company's annual meeting on July 19.

Icon, based in Ireland, outsources services for the pharmaceutical, biotechnology and medical device industries. Shares of the company fell 2 cents to $21.27 in midmorning trading.