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AstraZeneca Appoints North America CFO

British drugmaker AstraZeneca PLC said Wednesday it named Graham Baker vice president and chief financial officer for North America, effective Jan. 1.

NEW YORK (AP) -- British drugmaker AstraZeneca PLC said Wednesday it named Graham Baker vice president and chief financial officer for North America, effective Jan. 1.

Baker has worked at AstraZeneca for 13 years, most recently based in Singapore as finance director for the company's Asia Pacific region. He also has served as CFO of AstraZeneca Japan and global marketing finance director for the cardiovascular therapy area.

He will report to AstraZeneca's U.S. president, Rich Fante.

AstraZeneca shares rose nearly 4 percent, or $1.42, to $38.54 in late morning trading Wednesday.

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