Company news: Roche, Porter Novellireported Tuesday that Roche is going to invest $300 million at the site over the next decade. InPharm said the money will go toward rehabbing current buildings, new equipment for diabetes test strips and IT. The publication says the modifications also include about 100 new jobs between now and 2017.
PR giant Porter Novelli has named Michael Ramah CEO. The current global director of strategy has been with the firm for 25 years and will replace Gary Stockman, who will vacate the post July 31. Stockman has been CEO since 2008. As an executive, Stockman helped the Omnicom subsidiary merge with Copithorne and Bellows in 2000.