Allergan announced that Matthew M. Walsh has been appointed Executive Vice President and Chief Financial Officer. He will formally join Allergan later this month following a transition period from his current role as Executive Vice President, Chief Financial Officer at Catalent.
"Matt Walsh is an experienced Chief Financial Officer with a strong track record of creating value for shareholders, including 14 years as a CFO with three public companies and 10 years in health care as CFO at Catalent where he led their transformation under private equity, a successful IPO and numerous acquisition and divestiture transactions, all while driving sustained organic growth. Matt brings to Allergan a unique combination of skills, including a technical background, a deep understanding of the healthcare industry, a rich experience across financial disciplines, and the ability to lead complex health care organizations," Brent L. Saunders, Chairman and Chief Executive Officer at Allergan, said in a company news release. "I'm pleased to welcome Matt to our team and look forward to partnering with him as we continue to drive strong financial performance and deploy our capital to increase shareholder return over the short- and long-term."
"I'm very excited to join Allergan's fast-paced, results oriented culture. I look forward to working with Brent and the leadership team to realize Allergan's long-term growth potential in the U.S. and internationally, as well as unlocking additional value through the Open Science R&D pipeline," said Matt Walsh.
Mr. Walsh currently serves as the Executive Vice President and Chief Financial Officer at Catalent, a role he assumed in 2008. Prior to joining Catalent, Mr. Walsh was President, Chief Financial Officer, and Acting Chief Executive Officer at Escala Group, Inc. Prior to joining Escala, Mr. Walsh held a variety of finance leadership roles at industrial manufacturer GenTek, including Vice President-Finance & Chief Financial Officer, Vice President & Treasurer and Group Controller.
Mr. Walsh previously served on the board of directors of Multi-Color Corporation from 2015 to 2017 and Escala Group, Inc. from 2006 to 2008. While on the board of Multi-Color Corporation, he also served as Audit Committee Chairman.
Mr. Walsh is a CFA charterholder who received a MBA from Cornell University, SC Johnson Graduate School of Management, and a Bachelor of Science in Chemical Engineering from Cornell University, College of Engineering.