Laura Schumacher - AbbVie President

ABBV Stock  MXN 3,535  63.07  1.82%   

President

Ms. Laura J. Schumacher is the Vice Chairman, External Affairs and Chief Legal Officer of the Company. Ms. Schumacher is AbbVie Executive Vice President, External Affairs, General Counsel and Corporationrationrate Secretary, responsible for AbbVie externallyfacing functions of Health Economics Outcomes Research, Government Affairs, Corporationrationrate Responsibility, Brand and Communications. She also leads AbbVie legal functions. Prior to AbbVie separation from Abbott, Ms. Schumacher served as Executive Vice President, General Counsel and Corporationrationrate Secretary from 2007 to 2012, and as Senior Vice President, Corporationrationrate Secretary and General Counsel from 2005 to 2007. Both at Abbott and AbbVie, Ms. Schumacher also led Licensing and Acquisition and Ventures and Early Stage Collaborations. At Abbott, Ms. Schumacher was also responsible for its Office of Ethics and Compliance. Ms. Schumacher joined Abbott in 1990. She serves on the board of General Dynamics Corporationrationration. since 2018.
Age 60
Tenure 6 years
Phone847 932 7900
Webhttps://www.abbvie.com

AbbVie Management Efficiency

The company has return on total asset (ROA) of 0.0927 % which means that it generated a profit of $0.0927 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.7529 %, meaning that it generated $0.7529 on every $100 dollars invested by stockholders. AbbVie's management efficiency ratios could be used to measure how well AbbVie manages its routine affairs as well as how well it operates its assets and liabilities.
AbbVie Inc has accumulated 64.19 B in total debt with debt to equity ratio (D/E) of 6.52, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. AbbVie Inc has a current ratio of 0.89, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist AbbVie until it has trouble settling it off, either with new capital or with free cash flow. So, AbbVie's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like AbbVie Inc sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for AbbVie to invest in growth at high rates of return. When we think about AbbVie's use of debt, we should always consider it together with cash and equity.

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AbbVie Inc. discovers, develops, manufactures, and sells pharmaceuticals in the worldwide. The company was incorporated in 2012 and is based in North Chicago, Illinois. ABBVIE INC operates under Drug ManufacturersGeneral classification in Mexico and is traded on Mexico Stock Exchange. It employs 48000 people. AbbVie Inc (ABBV) is traded on Mexican Exchange in Mexico and employs 29 people.

Management Performance

AbbVie Inc Leadership Team

Elected by the shareholders, the AbbVie's board of directors comprises two types of representatives: AbbVie inside directors who are chosen from within the company, and outside directors, selected externally and held independent of AbbVie. The board's role is to monitor AbbVie's management team and ensure that shareholders' interests are well served. AbbVie's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, AbbVie's outside directors are responsible for providing unbiased perspectives on the board's policies.
Carlos Alban, Executive Vice President - Commercial Operations
Robert Michael, Chief Financial Officer, Senior Vice President
Jeffrey Stewart, Senior Vice President U.S. Commercial Operations
Brett Hart, Independent Director
William Chase, Executive Vice President - Finance and Administration
Roxanne Austin, Independent Director
Perry Siatis, Gen VP
Azita SalekiGerhardt, Executive Vice President - Operations
Scott Reents, VP CFO
Thomas Freyman, Independent Director
Edward Rapp, Independent Director
Richard Gonzalez, Chairman of the Board, Chief Executive Officer
Brian Durkin, Vice President Controller
Frederick Waddell, Independent Director
Robert Alpern, Independent Director
Thomas Hudson, VP Officer
Glenn Tilton, Lead Independent Director
Henry Gosebruch, Executive Vice President Chief Strategy Officer
Elizabeth Shea, VP Relations
Rebecca Roberts, Independent Director
Edward Liddy, Independent Director
William Burnside, Independent Director
Timothy Richmond, Chief Human Resource Officer, Executive Vice President
Nicholas Donoghoe, Senior Vice President - Enterprise Innovation
Laura Schumacher, Executive Vice President - Business Development, External Affairs, General Counsel
Michael Severino, Executive Vice President - Research & Development, Chief Scientific Officer
Melody Meyer, Independent Director

AbbVie Stock Performance Indicators

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