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Wyeth(WYE Quote) said Friday that Chief Financial Officer and Vice Chairman Kenneth Martin will leave in June, adding to a string of CFO departures among Big Pharma companies in the last 12 months.
Martin, 53, who had been financial chief since 2000, will "pursue personal interests," Wyeth said in a brief press release. The company will name a new CFO before Martin leaves.
Lately, a number of chief financial officers have been exiting giant drugmakers for unspecified personal reasons or retirement. In February, Merck (MRK Quote) said Judy Lewent, 58, its CFO for 17 years, would retire in July. ...
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