How Sanofi got rid of its chief exec
Chris Viehbacher was fired at a dawn board meeting, with the 'mess in Brazil' cited as one of the reasons
DeeperDive is a beta AI feature. Refer to full articles for the facts.
Paris
CHRIS Viehbacher speaks plainly. "We had somewhat of a mess in Brazil, so that's why I decided to change management," he told financial analysts in August 2013.
Fifteen months later, he has gone the same way as the Brazilian employees he sacked so decisively - fired as chief executive of French drugmaker Sanofi at a dawn board meeting, with the "mess in Brazil" cited as one of the reasons.
Copyright SPH Media. All rights reserved.
TRENDING NOW
Ministry of Home Affairs Permanent Secretary Pang Kin Keong to retire
Shelving S$5 billion office redevelopment plan proved ‘wise’ as geopolitical risks mount: OCBC chairman
Richard Eu on how core values, customers keep Singapore’s TCM chain Eu Yan Sang relevant
China pips the US if Asean is forced to choose, but analysts warn against reading it like a sports result