BMS managers get new jobs

Share this article:

Days after announcing a streamlined R&D strategy, Bristol-Myers Squibb said it was also implementing managerial changes, which it described in a statement as part of its pursuit of “creating a global, integrated commercial organization and expanding the scope of its finance organization.”

The changes include elevating Giovanni Caforio from the company's president of US to the new title EVP/CFO. This puts Caforio in charge of global commercialization strategy.

The title seems very much like that of Charles Bancroft, who is EVP and CFO, but Bancroft will now oversee business development and strategy.

Now-former US oncology president Murdo Gordon is stepping into Caforio's former role as president of US operations and Beatrice Cazala is “in the process of transitioning to a new role within the company.” FiercePharma notes Cazala's news is an “ouch” moment, since her current title is commercial operations EVP, and this recent shakeup appears to be a sidelining of sorts.

Share this article:
You must be a registered member of MMM to post a comment.
close

Next Article in Business Briefs

Email Newsletters

MM&M Future Leaders


Register now

Early bird $1,950 before 31 October 2014

*Group discounts available on request 

MM&M EBOOK: PATIENT ACCESS

Patient access to pharmaceuticals is a tale of two worlds—affordability has improved for the majority, while the minority is hampered by cost, distribution and red tape. To provide marketers with a well-rounded perspective, MM&M presents this e-book chock full of key insights. Click here to access it.

More in Business Briefs

Novartis said to be stepping out of HCV

Novartis is said to have relinquished rights to an investigational hep. C treatment, signaling its exit from the therapeutic space, according to a former partner's announcement.

Monday Moves: September 15

Hires and promotions for manufacturers, regulatory and agencies

Kantar acquires Evidências, expands Brazilian presence

The company's acquisition signals the growing importance of understanding the Brazilian healthcare market and evidence-based healthcare management services.