Valeant appoints new investor and communications head

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Arthur J. Shannon has joined Valeant Pharmaceuticals International as senior VP, head of Investor Relations and Communications.

Executives say Shannon has more than 20 years of experience in the field of investor relations. He came to Valeant from Perrigo Inc., where he served as VP of Global Corporate Affairs and European Investor Relations. Prior to that, he held roles of increasing importance in investor relations at Thomson Financial and Dynegy Inc.

“We’re delighted to welcome Art Shannon to the Valeant team,” says Paul S. Herendeen, executive VP, Finance, and chief financial officer, Valeant. “With his in-depth knowledge of the pharmaceutical industry and proven track record in investor relations and strategic communications, Art will quickly become an important conduit between Valeant and the business community.”

With the addition of Shannon, Scott Hirsch assumes the role of senior VP, chief business strategy officer. Hirsch now dedicates his time to key corporate initiatives, including the development and execution of a five-year strategic plan.

Shannon joined Valeant as senior VP and head of Investor Relations and Communications in June. He previously held the role of VP of Global Corporate Affairs and European Investor Relations for 11 years at Perrigo. Prior to that, Shannon served as VP of Investor Relations for the Energy/Utility division at Thomson Financial, and earlier in his career, he was a senior director of Investor Relations at Dynegy Inc. He holds a bachelor of science in Business Administration: Finance from Georgetown University.