Teva Finally Appoints New Chief Executive After Months of Speculation - News Summed Up

Teva Finally Appoints New Chief Executive After Months of Speculation


Teva Pharmaceutical Industries Ltd., the world’s biggest seller of generics medicines, named Kare Schultz as its new chief executive, choosing an industry veteran to navigate a series of daunting challenges, from falling drug prices to the company’s high debt. The appointment of Mr. Schultz, a Dane, ends a monthslong period during which Teva had no permanent top executive. It recently shuffled its board and is shedding assets,...


Source: Wall Street Journal September 11, 2017 07:30 UTC



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