Teva Pharmaceutical Industries Limited Announces Planned Retirement Of President And CEO In 2007; Shlomo Yanai To Succeed As President And CEO

JERUSALEM--(BUSINESS WIRE)--Teva Pharmaceutical Industries Ltd. (Nasdaq: TEVA) announced today that Israel Makov, 67, has announced his plans to retire as President and CEO during the course of 2007. Shlomo Yanai, 55, will join the company as President and CEO Designate during the first part of 2007.

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