ABBVIE INC. (ABBV)

About AbbVie Inc. (ABBV)

Company Description:

 

AbbVie Inc., a biopharmaceutical company, is dedicated to researching, developing, and marketing both biopharmaceutical and small molecule drugs. AbbVie operates through a single business segment that includes a portfolio of pharmaceutical products.

AbbVie was incorporated on April 10, 2012, and is the result of a spin-off by Abbott Laboratories. It is currently headquartered in North Chicago, Illinois, United States.

 

Main Product(s):

 

AbbVie's product line includes a range of pharmaceuticals that target serious chronic conditions and encompass therapeutic areas such as immunology, oncology, neuroscience, virology, and general medicine.

 

Short History of AbbVie Inc:

 

  • April 2012 – AbbVie was incorporated as a separate entity from Abbott Laboratories.
  • January 2013 – AbbVie officially became an independent company through a spin-off.
  • 2015 – The company acquired Pharmacyclics, enhancing its oncology portfolio.
  • 2020 – AbbVie completed the acquisition of Allergan, marking a significant expansion into new therapeutic areas.
  • Key developments have also included FDA approvals of several drugs in AbbVie's pipeline, advancing the company's strategic position in the pharmaceutical industry.

Key Executives:

NameTitlePayExercisedYear Born
Mr. Richard A. GonzalezChairman & CEO6.95MN/A1954
Mr. Robert A. MichaelPresident & COO4MN/A1970
Mr. Scott T. ReentsExecutive VP & CFO2.97MN/A1968
Dr. Azita Saleki-Gerhardt Ph.D.Executive VP & COO2.58MN/A1963
Mr. Jeffrey Ryan StewartExecutive VP & Chief Commercial Officer2.98M2.78M1969
Dr. Thomas J. Hudson M.D.Senior VP of Research & Development and Chief Scientific OfficerN/AN/A1962
Ms. Elizabeth SheaSenior Vice President of Investor RelationsN/AN/AN/A
Mr. Sanjay NarayanVP, Chief Ethics & Compliance OfficerN/AN/AN/A
Ms. Tracie HaasSenior Vice President of Corporate Responsibility, Brand & CommunicationsN/AN/AN/A
Mr. Timothy J. RichmondExecutive VP & Chief Human Resources Officer1.12MN/A1966

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