Schering Taps Former AHP Exec Barshay To Head Consumer Health Care Unit
This article was originally published in The Rose Sheet
Executive Summary
Schering-Plough appointed former American Home Products Senior VP Stanley Barshay as chairman of its Consumer Health Care division effective July 7
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Schering-Plough
Robert Bertolini tapped exec VP and CFO, effective Nov. 17, company announces. Reporting to CEO Fred Hassan, Bertolini will be responsible for building a global finance team dedicated to transforming Schering into a successful international competitor, firm says. Exec, who previously served as a lead partner in PricewaterhouseCoopers' Global Pharmaceutical Industry Group, succeeds Jack Wyszomierski, who is leaving the firm to pursue other interests. Bertolini's appointment is "an important step" in implementing Schering's turnaround plan, according to the company (1"The Rose Sheet" July 14, 2003, p. 9)...
Schering-Plough
Robert Bertolini tapped exec VP and CFO, effective Nov. 17, company announces. Reporting to CEO Fred Hassan, Bertolini will be responsible for building a global finance team dedicated to transforming Schering into a successful international competitor, firm says. Exec, who previously served as a lead partner in PricewaterhouseCoopers' Global Pharmaceutical Industry Group, succeeds Jack Wyszomierski, who is leaving the firm to pursue other interests. Bertolini's appointment is "an important step" in implementing Schering's turnaround plan, according to the company (1"The Rose Sheet" July 14, 2003, p. 9)...
Schering Cost Cuts Run Deep: Consumer Health Unit In Danger Of Divestiture?
Schering-Plough will retain its Consumer Health Care business in the near-term but may choose to sell the unit as it undertakes a broad restructuring plan that includes an unprecedented dividend slash to cut costs