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Fly News Breaks for October 3, 2019
ZTS
Oct 3, 2019 | 10:49 EDT
William Blair analyst John Kreger believes the CEO transition announced this morning by Zoetis is a "planned and deliberate succession process." Further, Kristin Peck, who is 48, is the logical choice for the next CEO and "should do a very good job," Kreger tells investors in a research note. The analyst adds that Peck has been fairly visible with investors over the past year and that he does not expect any major changes in tactics or strategy following the CEO transition in January. Kreger keeps an Outperform rating on shares of Zoetis.
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