Sanofi Poaches Bayer Manager to Lead New Primary Care Unit
September 13 2018 - 7:29AM
Dow Jones News
By Cristina Roca
Sanofi SA (SAN.FR) said Thursday that it hired the head of Bayer
AG's (BAYN.XE) pharmaceuticals division to lead its Primary Care
unit, one of two new divisions that the French company is
creating.
The French pharmaceutical group named Dieter Weinand to head the
Primary Care unit, and also made him executive vice president,
effective Nov. 1. Mr. Weinand joins Sanofi from Bayer, where he was
a member of the board of management, the company said.
The Primary Care unit will combine the Diabetes and
Cardiovascular unit with Established Products, which is currently
part of a different division, Sanofi said. The head of the Diabetes
and Cardiovascular unit, Stefan Oelrich, will leave Sanofi to join
Bayer as a member of the German company's board of management and
head of the pharmaceuticals division, effective Nov. 1, Sanofi
said.
Sanofi said it also appointed Olivier Charmeil to lead its
newly-created unit called China and Emerging Markets. Mr. Charmeil
is currently head of another Sanofi unit and will remain on the
Executive Committee, Sanofi said.
Write to Cristina Roca at cristina.roca@dowjones.com
(END) Dow Jones Newswires
September 13, 2018 07:14 ET (11:14 GMT)
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