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Boston Scientific Founder Pete Nicholas to Retire

February 25, 2016

After serving 40 years at Boston Scientific, Co-founder and Chairman Pete Nicholas will retire  in May.

Nicholas co-founded Boston Scientific with John Abele in 1979 and served as CEO until 1999.

President and CEO Mike Mahoney is scheduled to be named chairman after the company’s annual meeting on April 15.  Current director Edward J. Ludwig, former CEO and chairman of the board of Becton, Dickinson and Company, will serve as lead independent director. — Anisa Jibrell