By Colin Kellaher 
 

AbbVie Inc. (ABBV) on Friday said Executive Vice President and Chief Financial Officer William Chase plans to retire in mid-2019.

The North Chicago, Ill., biopharmaceutical company said it named Robert Michael senior vice president and chief financial officer, effective immediately.

AbbVie said Mr. Chase will serve as executive vice president of finance and administration until he retires.

Mr. Michael, 48 years old, has been AbbVie's vice president and controller since March 2017. He will continue to report to Mr. Chase, the company said.

AbbVie said Brian Durkin, 58, succeeds Mr. Michael as vice president and controller. Mr. Durkin has served as vice president of internal audit since 2016.

Write to Colin Kellaher at colin.kellaher@wsj.com

(END) Dow Jones Newswires

October 19, 2018 09:43 ET (13:43 GMT)