ZURICH (Reuters) – Novartis’s (NOVN.S) new Chief Executive Vas Narasimhan is remaking the Swiss drugmaker’s leadership as operations president Andre Wyss exits and three others including a digital specialist and the company’s top lawyer get executive committee seats.
Wyss, who was also Novartis’s Swiss unit head, had been at Novartis since 1984 and was responsible for streamlining production and corporate services. Narasimhan said in a statement on Monday that Wyss will be available to ensure a “proper handover”.
The elevation of Klinger, who has been chief ethics and compliance officer as well as head of litigation, comes as Novartis aims to bolster its reputation after a string of costly settlements and investigations over alleged bribery, including an ongoing probe in Greece.
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