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This article was originally published in The Gray Sheet
Baxter President Harry Kraemer's ascension to the additional post of CEO on Dec. 31 will complete a succession plan put in motion in April 1997 with his appointment as president. Baxter announced Feb. 19 that Kraemer, 43, will take over CEO responsibilities from Vernon Loucks at the end of the year. Loucks will remain chairman of Baxter's board of directors.
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