Lannett Company, Inc. Names Michael Bogda As President

PHILADELPHIA--(BUSINESS WIRE)--Lannett Company, Inc. (NYSE: LCI) today announced the appointment of Michael J. Bogda as president, effective December 1, 2014. Arthur Bedrosian remains the company’s chief executive officer. “Coming off the strongest two years in our company’s history, we sought out a highly talented executive to build upon Lannett’s growth and add expertise to our team,” said Bedrosian. “To address our rapid growth, as well as our long-term succession planning efforts, we embarked upon a search for a high quality individual and we found one. Michael has held senior level positions with some of the most respected companies in our industry. He brings a global perspective, in addition to extensive operations, merger and acquisitions, and business integration experience. We welcome Michael and look forward to his insights as we look to take our company to its next stage of growth and development.”

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