King Pharmaceuticals appoints two new board members

Feb 11, 2010 (Datamonitor via COMTEX) -- King Pharmaceuticals, a developer of branded prescription pharmaceutical products, has appointed Kevin Crutchfield and Derace Schaffer to its board of directors.

Mr Crutchfield serves as CEO of Alpha Natural Resources, a supplier and exporter of metallurgical coal. He previously served as president of Alpha Natural Resources, beginning in January 2007, and was appointed to its board of directors in November 2007. Prior to that time, he served as executive vice president since the company's formation in November 2004.

Dr Schaffer is a radiologist and an entrepreneur, having started his first company during his residency training at the Massachusetts General Hospital and Harvard Medical School. Over the last 25 years he has founded more than 15 companies.

Dr Schaffer is founder and CEO of Lan Group, and chairman of Partners Imaging. He currently serves on the boards of PharmAthene, Careguide, American Caresource Holdings, Source Medical Solutions and Partners Imaging.

Brian Markison, chairman, president and CEO of King Pharmaceuticals, said: "I am pleased to have two outstanding leaders and experts in their respective fields join our board of directors. I look forward to working closely with both Kevin and Derace as we continue to transform King Pharmaceuticals into a leading diversified specialty pharmaceutical company."

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