Wednesday, October 29, 2014

Behind the scenes of Sanofi's boardroom bust up

Chris Viehbacher, Chief Executive Officer of Sanofi, delivers a speech at the beginning of the company's 2013 annual results press conference in Paris By Natalie Huet and Noëlle Mennella PARIS (Reuters) - A boardroom tussle brewing for months at Sanofi came to a head on Wednesday when France's top drugmaker fired its chief executive, wiping more billions off its share price. While the showdown played out in leaks to national newspapers has stunned investors as a "how not to do it" guide to corporate governance, the writing was on the wall in the deteriorating relationship between Chairman Serge Weinberg and CEO Chris Viehbacher. ...








via Health News Headlines - Yahoo News http://ift.tt/1sE8asu

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