Akorn appoints Terry Rappuhn to the Board of Directors

– USA, IL – Akorn, Inc. (Nasdaq:AKRX) today announced the appointment of Terry Allison Rappuhn to its Board of Directors and the Board’s Audit Committee, effective immediately. In her accomplished career spanning over three decades working with and for public corporations, Ms. Rappuhn has helped rapidly growing companies build infrastructure, processes and teams during periods of transition.

“Terry is a terrific addition to our Board of Directors, and we are extremely pleased to bring her unique talents and financial expertise to Akorn,” said Raj Rai, Akorn’s Chief Executive Officer. “We look forward to her counsel as Akorn enters the next phase of its growth trajectory as well as the guidance and support she can bring to our management team.”

Ms. Rappuhn was the Chief Financial Officer of Quorum Health Group, Inc. and previously served as Vice President, Controller and Assistant Treasurer as well as Vice President of Internal Audit. Prior to Quorum Health Group, Ms. Rappuhn worked in Ernst & Young’s audit practice for more than 15 years. Ms. Rappuhn also served on the boards of AGA Medical Holdings, Inc., where she was the board’s audit committee chairperson and Genesis HealthCare Corporation, where she was the board’s audit committee chairperson and a member of the compliance and compensation committees.

As a health care industry thought leader, Ms. Rappuhn has led the Healthcare Financial Management Association’s Patient Friendly Billing® project, which promotes clear, concise and correct patient-focused financial practices and engagement. Beyond her operational and governance experience, Ms. Rappuhn started and currently chairs the Westminster Home Connection in response to the 2010 floods in Tennessee. The group has worked to restore over 500 homes, allowing vulnerable residents to remain in their homes. She is also a member of Tennessee Society of CPAs, the American Institute of CPAs, Financial Executives International, and WomenCorporateDirectors.

About Akorn

Headquartered in Lake Forest, Illinois, Akorn, Inc. is a specialty pharmaceutical company that develops, manufactures and markets multisource and branded pharmaceuticals alongside prescription animal health products and over-the-counter consumer health products. Every day, hundreds of thousands of patients in the United States rely on Akorn products to treat different ailments ranging from the common cold to glaucoma, chronic obstructive pulmonary disease and severe acne. Further, hospitals across the United States rely on Akorn’s sterile injectable portfolio to treat acute conditions ranging from bacterial infections to hypertension and heart failure.

Traded on the Nasdaq under the symbol AKRX, Akorn markets its portfolio of close to 200 different products to retail pharmacies, ophthalmologists, optometrists, physicians, veterinarians, hospitals, clinics, wholesalers, distributors, group purchasing organizations, and government agencies. Akorn has manufacturing facilities located in Decatur, Illinois; Somerset, New Jersey; Amityville, New York; Hettlingen, Switzerland and Paonta Sahib, India.

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Talent4Boards Team

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