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AbbVie logoAbbVie ABBV

AbbVie said Kevin K. Buckbee, Senior Vice President, Controller, informed the company on December 11, 2024 that he plans to retire from the Controller role effective March 1, 2025.

8-KDeparture or Appointment of Directors or Certain OfficersFiled Period of report Summary published (UTC)

Key points

AI summary
  1. AbbVie said Kevin K. Buckbee, Senior Vice President, Controller, informed the company on December 11, 2024 that he plans to retire from the Controller role effective March 1, 2025.

  2. The company said it appointed David R. Purdue, 47, as Senior Vice President, Controller, effective March 1, 2025. Purdue has served as AbbVie's Vice President, Controller, Commercial Operations since 2022.

  3. Purdue previously served as AbbVie's Vice President, Treasurer and Vice President, Financial Planning and Analysis, among other finance roles, the company said. He joined Abbott Laboratories, AbbVie's former parent company, in 2003.

  4. AbbVie said Purdue's annual base salary will be $550,000 effective March 1, 2025. He will be eligible to participate in the Performance Incentive Plan, with a target bonus equal to 85% of his base salary.

Summary

AI-written

Analysis scope · Filing bodyWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

Controller retirement notice

AbbVie said Kevin K. Buckbee, Senior Vice President, Controller, informed the company on December 11, 2024 that he plans to retire from the Controller role effective March 1, 2025.

Source · Based on the filing body and exhibits

Successor controller appointed

The company said it appointed David R. Purdue, 47, as Senior Vice President, Controller, effective March 1, 2025. Purdue has served as AbbVie's Vice President, Controller, Commercial Operations since 2022.

Source · Based on the filing body and exhibits

Successor's background

Purdue previously served as AbbVie's Vice President, Treasurer and Vice President, Financial Planning and Analysis, among other finance roles, the company said. He joined Abbott Laboratories, AbbVie's former parent company, in 2003.

Source · Based on the filing body and exhibits

Base salary and target bonus

AbbVie said Purdue's annual base salary will be $550,000 effective March 1, 2025. He will be eligible to participate in the Performance Incentive Plan, with a target bonus equal to 85% of his base salary.

Source · Based on the filing body and exhibits

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.

Source: SEC EDGAR (U.S. Securities and Exchange Commission). Item captions are the SEC's. The summary is for reference only and is not investment advice.