Hikma Pharmaceuticals PLC announces that Riad Mishlawi, President of the Group's Injectables business, has been appointed Chief Executive Officer (CEO), effective 1 September 2023. Thereafter, Said Darwazah will step down as acting CEO and return to his role as Executive Chairman. As CEO, Riad will bring his deep knowledge of Hikma and the pharmaceutical industry and a strong track record of delivering profitable growth and strategic expansion.

Since 2011, Riad has served as President of Injectables. Under his leadership, the Injectables business has delivered a compound annual growth rate of 12% and expanded across the US, Europe and the MENA region through strong organic growth, acquisitions and commercial partnerships. Riad has significantly expanded the Injectables product portfolio and manufacturing footprint while maintaining a sharp focus on quality and efficiency, helping to transform the Injectables business into the recognized market leader that it is today.

Since joining Hikma in 1990, Riad has held various positions of increasing responsibility including Head of Manufacturing Operations at the Group's former Generics facility in Eatontown, New Jersey. He left Hikma in 1998 to join Watson Pharmaceuticals, where he was Executive Director of Operations. Riad returned to Hikma in 2004 and held a series of positions in the Group's Injectables business including General Manager of Hikma's injectable facilities in Italy and Portugal and Head of European Operations.

Riad will take up the role of CEO and join Hikma's Board of Directors on 1 September 2023 following a transition period. He will relocate from Portugal to Hikma's US headquarters in Berkeley Heights, New Jersey.