Hospira Board Announces Retirement of Executive Chairman and Former CEO Christopher B. Begley

The board of directors of Hospira, Inc.

today announced that Christopher B. Begley, 59, will retire as executive chairman effective Jan. 3, 2012. At that time, John C. (Jack) Staley, 70, a founding director of the company's board and currently its lead director, will be appointed non-executive chairman.