Sandoz announces changes in the Board of Directors
Ad hoc announcement pursuant to art. 53 SIX Swiss Exchange Listing Rules
MEDIA RELEASE
- Graeme Pitkethly nominated as candidate for election to the Sandoz Board of Directors at the upcoming Annual General Meeting
- François-Xavier Roger announced to pursue a new executive responsibility and therefore to step down from the Sandoz Board of Directors post publication of the financial statements 2023
Basel, February 1, 2024 - The Board of Directors of Sandoz announced today that it proposes Graeme Pitkethly for election to its Board of Directors at the company’s next Annual General Meeting on April 30, 2024.
If elected by the shareholders at the upcoming Annual General Meeting, the Board intends to appoint Graeme Pitkethly as Chair of its Audit, Risk and Compliance Committee. In this role Graeme will succeed François-Xavier Roger, who decided to step down at the end of March 2024 as a member of the Board of Directors as he has accepted a new executive role. François-Xavier Roger has been a Sandoz Board member and Chair of the Audit, Risk and Compliance Committee since August 2023. His resignation will be effective March 31, 2024, post publication of the Sandoz 2023 financial statements.
The Board of Directors further intends to appoint Gilbert Ghostine, Chairman, as ad interim member and Chair of the Audit, Risk and Compliance Committee for the interim period from April 1, 2024, to the date of the Annual General Meeting on April 30, 2024.
Gilbert Ghostine, Chairman of Sandoz, said: 'I would like to express my heartfelt gratitude to François-Xavier. His contribution and thoughtful guidance have been instrumental in Sandoz’s first year as a standalone publicly traded company. We are thankful for his valued input and wish François-Xavier every success in his new endeavour. At the same time, I am extremely pleased that we can propose an exceptional candidate to our shareholders. Graeme has an outstanding track record in finance and strategic planning, which includes helping to build one of the world's most valuable companies.'
Graeme Pitkethly (1966) was Chief Financial Officer and a Board member of Unilever plc until December 2023. He joined Unilever in 2002 and, prior to his appointment as the CFO, was responsible for its UK and Ireland business. He also held a number of senior financial and commercial roles within Unilever and spent the earlier part of his career in senior corporate finance roles in the telecommunications industry. Graeme served as Vice President of Financial Planning and Vice President of Corporate Development at FLAG Telecom and started his career at PricewaterhouseCoopers. Graeme serves as a member of the Board of Directors of Pearson plc since 2019 and chairs the Audit Committee. He is a Trustee of the Leverhulme Trust and serves as the Vice Chair of the Task Force on Climate-Related Financial Disclosures. Graeme is a Chartered Accountant, with a bachelor’s degree in applied chemistry from Strathclyde University.
About Sandoz
Sandoz (SIX: SDZ; OTCQX: SDZNY) is the global leader in generic and biosimilar medicines, with a growth strategy driven by its Purpose: pioneering access for patients. 22,000 people of more than 100 nationalities work together to bring Sandoz medicines to some 500 million patients worldwide, generating substantial global healthcare savings and an even larger total social impact. Its leading portfolio of more than 1500 products addresses diseases from the common cold to cancer. Headquartered in Basel, Switzerland, Sandoz traces its heritage back to the year 1886. Its history of breakthroughs includes Calcium Sandoz in 1929, the world’s first oral penicillin in 1951, and the first biosimilar in 2006. In 2022, Sandoz achieved sales of USD 9.1 billion and core EBITDA of USD 1.9 billion.
Disclaimer
This Media Release contains forward-looking statements, which offer no guarantee with regard to future performance. These statements are made on the basis of management’s views and assumptions regarding future events and business performance at the time the statements are made. They are subject to risks and uncertainties including, but not confined to, future global economic conditions, exchange rates, legal provisions, market conditions, activities by competitors and other factors outside of the control of Sandoz. Should one or more of these risks or uncertainties materialize or should underlying assumptions prove incorrect, actual outcomes may vary materially from those forecasted or expected. Each forward-looking statement speaks only as of the date of the particular statement, and Sandoz undertakes no obligation to publicly update or revise any forward-looking statements, except as required by law.
CONTACTS
Global Media Relations contacts | Investor Relations contacts |
Global.MediaRelations@sandoz.com | Investor.Relations@sandoz.com |
Joerg E. Allgaeuer +49 171 838 4838 | Karen M. King +1 609 722 0982 |
Chris Lewis +49 174 244 9501 | Laurent de Weck +41 61 529 14 85 |
Attachment
- Sandoz Board Change FR+GP Media Release
TIN LIÊN QUAN
Election of employee representatives to the Board of
The employees of Copenhagen Airports A/S have conducted the election of employee representatives to the company’s Board of Directors. The following...
05/2023 Green Hydrogen Systems announces changes to its
Company announcement 05/2023 Green Hydrogen Systems announces changes to its Board of Directors Kolding, Denmark, 1 March 2023 – In connection with...
mdf commerce announces a change to its Board of Directors
MONTRÉAL, March 02, 2023 (GLOBE NEWSWIRE) -- mdf commerce inc. (“mdf commerce” or the “Corporation”) (TSX:MDF), a SaaS leader in digital commerce...
Inter&Co Announces New Members to Its Board of Directors
Antonio Kandir, Lorival Luz and Todd Chapman join Inter&Co’s Board of Directors...
Fly Play hf.: Candidates for the Board of Directors of Fly
The following individuals have declared their candidacy to the board of directors of Fly Play hf. at the Annual General Meeting 2023 at Iðnó, on March 7,...
Notice Convening the Annual General Meeting of ROCKWOOL
Company announcementfor ROCKWOOL A/SRelease no. 03 – 2023to Nasdaq Copenhagen 7 March 2023 NOTICE CONVENING THE ANNUAL GENERAL MEETING OF ROCKWOOL A/S ...
Notification of Interests of Directors
Foresight VCT PLCLEI: 213800GNTY699WHACF46 Notification of Interests of Directors The Board of Foresight VCT plc announces, as part of the Offer for...
THỦ THUẬT HAY
Hướng dẫn tạo Label, nhãn thư trên Word 2013
Nếu bạn muốn gửi thư hàng loạt hay đơn giản chỉ là tạo nhãn dán với một danh sách địa chỉ có sẵn trên Excel, bạn có thể dùng tính năng Mail Merge (Trộn thư) trong Microsoft Word 2013. Quy trình phối thư tạo một trang
6 mẹo để làm chủ bàn phím của thiết bị Android
Nếu chỉ dùng bàn phím ảo của Android để gõ chữ vào, bạn đang bỏ lỡ nhiều tính năng tuyệt vời. Có nhiều thứ để tìm hiểu về bàn phím hơn bạn tưởng.
Cách thay đổi số điện thoại trên Viber
Để tạo tài khoản Viber bắt buộc người dùng phải sử dụng số điện thoại để đăng ký. Tuy nhiên, nếu trường hợp người dùng bỏ số điện thoại cũ thì cần thiết phải thay đổi số điện thoại trên Viber. Bởi nếu có người khác
Apple tung ra bản cập nhật iOS 16.0.2 cho tất cả iPhone gặp sự cố lỗi rung
Vào tuần trước, một số người dùng iPhone 14 Pro và iPhone 14 Pro Max đã gặp sự cố khi quay video trên các ứng dụng như Instagram, TikTok và Snapchat.
Cách đăng ký nhận hỗ trợ từ quỹ Bảo hiểm thất nghiệp trên VssID
Bạn có thể đăng ký nhận tiền hỗ trợ từ quỹ BHTN online trên ứng dụng VssID theo Nghị quyết 116/NQ-CP. Sau đây là cách đăng ký nhận hỗ trợ từ quỹ Bảo hiểm thất nghiệp trên VssID...
ĐÁNH GIÁ NHANH
Đánh giá Xiaomi Mi A2 Lite: màn hình tai thỏ, camera kép, cấu hình ổn trong tầm giá
Nếu bạn nào đã quen với những thiết bị Xiaomi thì sẽ thấy Mi A2 Lite không có nhiều điểm nổi bật về thiết kế. Vẫn là phần mặt lưng kim loại được bo cong mềm mại về các cạnh, tạo cảm giác dễ chịu khi cầm nắm. Cụm camera
Đánh giá tripod Velbon UTC-63 và đầu QHD-G6AS:Nhỏ gọn, linh hoạt
Nói về Velbon, thì họ là một thương hiệu lớn chuyên sản xuất các phụ kiện và chân máy ảnh nổi tiếng đến từ Nhật Bản với hơn 60 năm kinh nghiệm.
Đánh giá Samsung KS9000 – TV SUHD cao cấp giá 100 triệu đồng
Thành công với dòng SUHD TV trong năm 2015, Samsung tiếp tục theo đuổi công nghệ này bằng việc trình làng series SUHD 2016 với 5 model. Nổi bật trong đó là KS9000, TV 4K...