Mead Johnson Nutrition Announces Steve Golsby's Intent to Retire as President and CEO in 2013

Mead Johnson Nutrition Company

announced today that its President and Chief Executive Officer, Steve Golsby, notified the Board of Directors of his intent to retire by the 2013 annual meeting of stockholders. Mr. Golsby informed the Board of his intentions at the Company's Board meeting and pledged his commitment to support the succession plan in the months ahead. Subsequently, the Board of Directors unanimously selected Kasper Jakobsen, currently Executive Vice President and Chief Operating Officer of Mead Johnson Nutrition, as CEO-elect and appointed him to the MJN Board of Directors effective immediately. Mr. Jakobsen is expected to succeed Mr. Golsby as Mead Johnson Nutrition President and CEO upon Mr. Golsby's retirement. Kasper Jakobsen will continue in his role as Chief Operating Officer, and the current senior leadership structure and reporting relationships will remain in effect.