Shire plc Reverses Decision to Move Headquarters

Published: May 30, 2013

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In a dramatic about face, Shire Pharmaceuticals has decided not to build a new U.S. corporate headquarters at the Atwater Corporate Center in Malvern, Pa., and will stay in its current office facilities in the Chesterbrook Corporate Center in Wayne, Pa. “We’re no longer moving forward with that and we’re remaining in Chesterbrook,” said Gwen Fisher, spokeswoman at Shire. The decision came in light of the Shire bringing in Dr. Flemming Ornskov, its new chief executive officer, and his asking his senior employees to analyze its global footprint and its real estate presence based on the pharmaceutical company’s needs.

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