Dive Brief:
- Mead Johnson Nutrition Company's CFO and executive VP Peter G. Leemputte will be stepping down from his positions at the company for personal reasons.
- Leemputte will officially transfer his duties March 13 but will be accessible to help smooth the transition through June 30.
- In the interim and while a replacement CFO is being determined, chief development officer Charles Urbain will oversee Leemputte's former responsibilities.
Dive Insight:
"I would like to thank Pete for his service to Mead Johnson," the company's president and CEO Kasper Jakobsen said in a statement. "He has made a significant contribution to our company during a period of high growth, helping build our infrastructure to support our public company status and leaving behind a strong team. He leaves the company in a condition of great financial strength."