By Sarina Isaacs
Jazz Pharmaceuticals announced Chief Executive Bruce Cozadd is stepping down as CEO.
Cozadd, who co-founded the Ireland-based pharmaceutical company in 2003 and has been CEO since 2009, plans to retire as chief executive at the end of next year, upon the appointment of a successor. He will stay on as board chair, said the company.
Jazz added that it is on track to deliver on its full-year 2024 revenue guidance of between $4 billion and $4.1 billion.
The search for a successor will consider both internal and external candidates, the company said.
Write to Sarina Isaacs at sarina.isaacs@wsj.com
(END) Dow Jones Newswires
December 16, 2024 16:50 ET (21:50 GMT)
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