Tag Archive for: succession plan

Bill Anderson, most recently the head of Roche’s pharmaceuticals division, will succeed Werner Baumann as chief executive at Germany’s Bayer on June 1, the company said on Wednesday.

After 14 years at the top, Roche Chief Executive Officer Severin Schwan will step down from his role at the helm of the Swiss pharma giant next year. He will become the new chairman of the company’s board of directors upon the retirement of current chair Christoph Franz.