Mylan Names Jolene Varney Chief Financial OfficerPITTSBURGH,
May 28 /PRNewswire-FirstCall/ --
Mylan Inc. (Nasdaq: MYL)
today announced the appointment of
Jolene Varney as Executive Vice President
and Chief Financial Officer.
Varney has more than 20 years of experience in domestic and international
finance, strategy and general management. Most recently, Varney served as
senior vice president of corporate finance with Dr Pepper Snapple Group where
she led the $4 billion financing and demerger of the beverage business from
Cadbury Schweppes. She also was responsible for establishing the corporate
finance organization and processes under the controller's function, treasury,
tax, internal audit, Sarbanes-Oxley compliance, risk management and corporate
finance and analysis.
Prior to DPSG, Varney spent 18 years at Kimberly Clark Corporation in
divisional and corporate finance roles, and, most recently, as the company's
global treasurer responsible for capital structure, domestic and international
treasury operations, currency and commodity exposures, pension plan and risk
management teams. Prior to that, she spent three years in Europe as the
general manager of Kimberly-Clark's Central and Eastern European operations
and its European adult care division.
Mylan's Chairman and CEO Robert J. Coury commented: "At this stage in
Mylan's history, it is critical that our new Chief Financial Officer brings
both a tested financial background and multinational operational breadth.
Jolene has significant global experience having served in roles with
increasing responsibility throughout every stage of her career."
Coury continued: "I have been looking for a CFO who possesses the
necessary skills, instincts and qualities to lead the company's global
corporate finance organization, and I am extremely pleased to have Jolene join
Mylan's senior management team in this capacity. In addition to all of her
career accomplishments, which speak for themselves, her ability to lead was a
quality that impressed me from the start. Her cultural fit and requisite skill
set will serve Mylan well now and into the future."
Varney commented: "I am very excited to join Mylan as CFO. Mylan is a
highly regarded global pharmaceutical company, and I have been impressed with
its growth and results. I very much look forward to contributing to the
company as it continues its journey to become the most efficient global
generics and specialty pharmaceutical company in the world. Having spent my
career in many areas of finance and in operational roles, this is an exciting
opportunity for me to lead Mylan's global finance organization."
As a member of the company's executive and senior leadership teams, Varney
will be responsible for all of Mylan's global finance functions including
accounting and control, financial planning and analysis, treasury, tax and
investor relations. She will begin her role with Mylan June 8.
Mylan Inc., which provides products to customers in more than 140
countries and territories, ranks among the leading diversified generics and
specialty pharmaceutical companies in the world. The company maintains one of
the industry's broadest - and highest quality - product portfolios, supported
by a robust product pipeline; owns a controlling interest in the world's third
largest active pharmaceutical ingredient manufacturer; and operates a
specialty business focused on respiratory and allergy therapies. For more
information, please visit www.mylan.com.
SOURCE Mylan Inc.
05/28/2009
CONTACT: Michael Laffin, Media, +1-724-514-1968, or Dan Crookshank
Investors, +1-724-514-1813, both for Mylan Inc.
/Web Site: http://www.mylan.com
(MYL)