PHILADELPHIA, Aug. 1, 2019 /PRNewswire/ -- Lannett
Company, Inc. (NYSE: LCI) today announced the appointment of
John Kozlowski as chief financial
officer (CFO), effective August 31,
2019. He succeeds Martin
Galvan, who, as previously announced, will retire on
August 30, 2019, following the
planned submission of the company's Form 10-K for fiscal year 2019.
Kozlowski presently serves as the company's chief of staff and
strategy officer.
"John brings more than 20 years of financial and managerial
experience to his new role as CFO," said Tim Crew, chief executive officer of Lannett.
"Since joining Lannett 10 years ago, he has held multiple,
senior-level positions in our finance department, including vice
president financial operations and before that corporate
controller. His financial expertise is complemented by recent
executive roles as our chief of staff and strategy officer and
before that as our chief operating officer. John is a critical
thinker and his deep knowledge of the company and our industry will
help ensure a smooth transition."
Crew added that Kozlowski emerged as the clear choice for CFO
after the company conducted a robust search, which included
internal and external candidates, with assistance from a global
executive search firm.
Prior to joining Lannett, Kozlowski, 47, held senior finance
positions with Finisar Australia (formerly Optium Australia) and
Optium Corporation. Kozlowski earned a Master of Business
Administration degree from Rider
University and a Bachelor's degree in finance from
James Madison University.
Galvan will retire after serving for eight years as CFO of
Lannett; he will remain available to the company for advisory
support.
About Lannett Company, Inc.:
Lannett Company, founded
in 1942, develops, manufactures, packages, markets and distributes
generic pharmaceutical products for a wide range of medical
indications. For more information, visit the company's website
at www.lannett.com.
Contact:
|
Robert
Jaffe
|
|
Robert Jaffe Co.,
LLC
|
|
(424)
288-4098
|
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SOURCE Lannett Company, Inc.