Pfizer Inc. (NYSE:PFE) named Albert Bourla as Group President of the
Vaccines, Oncology and Consumer Healthcare business effective January 1,
2014.
“Albert has 20 years of experience at Pfizer and has held senior global
positions across a range of markets and disciplines within the company,”
said Ian Read, Pfizer Chairman and CEO. “He has a track record for
delivering solid business results and most recently has been responsible
for building a strong post-patent business.”
Susan Silbermann is named President and General Manager, Global Vaccines
business also effective January 1, 2014. “For the past year and a half
Susan has led the vaccines portfolio within the Specialty Care
business,” said Mr. Read. “Her experience in key global markets that
represent potential growth opportunities will greatly benefit the
Vaccines business.”
Amy Schulman and Pfizer have agreed to separate. As a result of that
mutual agreement, Ms. Schulman will not be assuming the role of Group
President of Vaccines, Oncology and Consumer Healthcare and is stepping
down from the Company's Executive Leadership Team, including as General
Counsel and Business Unit Lead for the Consumer Healthcare business
unit. She will remain at the Company for a transition period. We thank
Amy for the past five years of hard work and many contributions, and we
wish her well in her future endeavors.
Doug Lankler, who was to become General Counsel on January 1, and Rady
Johnson who was to become Chief Compliance and Risk Officer on January
1, both assume their new positions immediately.
On January 1, the company will begin operating with three commercial
businesses -- the Global Innovative Pharmaceutical business, led by Geno
Germano; the Global Established Pharmaceutical business, led by John
Young; and the Vaccines, Oncology and Consumer Healthcare business led
by Albert Bourla. The company remains on track to provide a 2014
baseline management view of profit and loss for each of these
businesses, starting with the Q1 2014 quarterly results.
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