Baxter announces ceo retirement and appointment of coo

Deerfield, ill.--(business wire)--baxter international inc. (nyse:bax), a global medtech leader, today announced that josÉ (joe) e. almeida, chair, president and chief executive officer (ceo), will retire from his executive roles with the company, effective immediately. he will serve in an advisory capacity through oct. 31, 2025. the baxter board of directors has appointed lead independent director brent shafer as chair and interim ceo and has initiated a search for a permanent ceo with the ass.
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