Akorn Inc CEO Raj Rai Retired

Akorn CEO to retire after drugmaker fails to salvage Fresenius merger deal

Akorn Inc said late on Friday its Chief Executive Officer would retire following the drugmaker’s inability to salvage its takeover deal with Germany’s Fresenius SE.

Name: Raj Rai

Country: USA

Company: Akorn Inc

Position: CEO

Reason: Retired

Replaced By: Douglas Boothe

Announcement Date: December 06, 2018, 11:00pm

Resignation Date: December 06, 2018, 11:00pm

Source 1: https://www.reuters.com/article/us-akorn-m-a-fresenius-ruling/akorn-ceo-to-retire-after-drugmaker-fails-to-salvage-fresenius-merger-deal-idUSKBN1O61ZP

Source 2: https://www.business-standard.com/article/reuters/akorn-ceo-to-retire-after-drugmaker-fails-to-salvage-fresenius-merger-deal-118120800153_1.html

Source 3: https://patch.com/illinois/lakeforest/resigning-akorn-ceo-raj-rai-be-replaced-douglas-boothe