2/8, 7:36 PM (Source: TeleTrader)
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Chart for: BAYER AG NA O.N.

Roche executive to take over as CEO of Bayer

Bayer AG announced on Wednesday that Bill Anderson will become the CEO of the company on June 1, 2023, as well as a Board of Management member on April 1, 2023.

Current Bayer CEO Werner Baumann will "work closely" with Anderson to ensure a "smooth transition" before retiring at the end of May 2023.

Previously, Anderson was CEO at F. Hoffmann-La Roche AG's Pharmaceuticals Division and at Genentech Inc. Bayer Supervisory Board Chairman Norbert Winkeljohann said in a press release that Anderson "has an outstanding track record of building strong product pipelines and turning biotech breakthroughs into products."

Baha Breaking News (BBN) / MS