Teva names new CEO

Share this article:

The rumors are true: Erez Vigodman is Teva Pharmaceutical's new president and CEO. The Jerusalem, Israel, company said in the Thursday announcement that he will officially take on the roles February 11.

The appointment will end a public relations rough patch which included the October announcement that Teva was laying off 10% of its staff to limit the impact of generic Copaxone, which was soon followed by a public “was he fired or was he pushed?” feud that saw then-CEO Jeremy Levin leave the company. Eyal Desheh stepped in as acting president and CEO. He will now slide back into his role as group EVP and CFO.

Vigodman was already on Teva's board and currently heads up the generic agrochemical company Makhteshim Agan Industries. Teva said in a statement that Vigodman will stay with MAI until February 6.

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 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

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.

Study says statins not enough for diabetic hearts

Researchers using an experimental test have discovered that the 50% of surveyed diabetics may also have undetected heart muscle damage.