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4 Jan 2012

Teva Announces New CEO

Teva has named Dr. Jeremy Levin, a former senior executive at Bristol-Myers Squibb, to succeed Shlomo Yanai as new CEO in May.

Phillip Frost, MD, Chairman of the Board of Directors of Teva Pharmaceutical Industries Ltd., announced Tuesday that Shlomo Yanai, President and CEO of Teva, plans to retire from the company effective May 2012.

 

The Board of Directors has named Dr. Jeremy Levin, a former senior executive at Bristol-Myers Squibb, to succeed him at that time.

 

The Board conducted an extensive search process and concluded that Dr. Levin, with his recognized strategic vision and deep knowledge of the pharmaceutical industry is the right person to lead Teva going forward. He has the demonstrated track record, broad global experience, and impressive leadership skills to continue to grow Teva.

 

Dr.

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