West Pharmaceutical Services, Inc. (WST, Financial) has announced significant changes in its leadership team. On April 22, 2025, Bernard Birkett, the company's Senior Vice President and Chief Financial Officer, notified the company of his intention to retire later this year. To ensure a smooth transition, Mr. Birkett will continue in his current role until a successor is appointed and will then serve in an advisory capacity until December 31, 2025.
In a related development, West Pharmaceutical Services has appointed Shane Campbell as the new Senior Vice President, Chief Proprietary Segment Officer, effective May 5, 2025. Mr. Campbell will join the company's senior leadership team, overseeing the Proprietary Products segment. He brings a wealth of experience from his previous role as Chief Commercial Officer at Carlisle Companies Inc. and a 20-year career at DuPont, where he held several senior global leadership positions.
Mr. Campbell holds a Master of Business Administration from Harvard Business School and a Bachelor of Mechanical Engineering from the University of Delaware. His employment agreement includes an annual base salary of $600,000, eligibility for an annual incentive plan bonus, and a long-term incentive plan award. Additionally, he will receive a one-time sign-on RSU award and a sign-on cash bonus, subject to certain conditions.
These strategic leadership changes are part of West Pharmaceutical Services' ongoing efforts to strengthen its executive team and drive future growth. For more detailed information, visit GuruFocus.com.
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