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Pfizer: Chief Executive Ian Read to step down in 2019
(CercleFinance.com) - Pfizer said Chief Executive Ian Read will be replaced by Chief Operating Officer Albert Bourla, as of 1 January 2019.
Ian Read was named CEO of Pfizer in December 2010, and Chairman of the board of directors in late 2011. Since he took over the role of CEO, Pfizer shares had a return of 250%, outperforming the S&P 500 index by 180 percentage points, the company said. Bourla has spent 25 years at Pfizer. Prior to assuming the role of COO in 2018, he led Pfizer's innovative health business. Copyright (c) 2018 CercleFinance.com. All rights reserved. |
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