
Japan's top drugmaker said on Saturday it had picked a GlaxoSmithKline executive as its next president in a rare example of overseas head-hunting by a major Japanese firm. The board of directors at Takeda Pharmaceutical, which has been active in foreign acquisitions in recent years, approved 47-year-old French Christophe Weber, as chief operating officer and candidate as the next chief executive. He will be the first non-Japanese chief in 230 years of history at the company based in western Japan's Osaka. Weber will join Takeda to take the role of chief operating officer by April 2014 and is expected to become president upon approval at a geneal meeting of shareholders in June, Takeda said in a statement. Current president and chief executive Yasuchika Hasegawa is expected to become chairman and chief executive. "We have extremely high expectations for Mr Weber's contributions to further enhance and accelerate the implementation of Takeda's global strategy," Hasegawa said in the statement. Weber, educated at the University of Lyon, has held various positions at GSK in Europe, United States and the Asia-Pacific region. Takeda operates in more than 70 countries after its 2011acquisition of major Swiss rival Nycomed for $14 billion. There are only a handful of foreign chiefs at leading Japanese companies. Carlos Ghosn, the chief executive of French auto group Renault who also heads Nissan Motor, is one of the most prominent.
GMT 17:56 2018 Wednesday ,17 January
Ericsson to write down 1.4 billion euros in fourth quarterGMT 19:16 2018 Saturday ,13 January
China shuts Marriott website over Tibet error, scolds other firmsGMT 17:31 2018 Thursday ,11 January
UK group bids for Europe's biggest aluminium smelterGMT 17:24 2018 Thursday ,11 January
UK supermarket Sainsbury's lifts outlook after bumper ChristmasGMT 17:52 2018 Tuesday ,09 January
H&M removes 'black boy' ad after racism accusationGMT 19:38 2018 Wednesday ,03 January
Petrobras pay $2.95bn to settle US class action on corruptionGMT 13:49 2018 Wednesday ,03 January
China’s Ant Financial drops $1.2 billion MoneyGram deal as US approval failsGMT 17:47 2017 Sunday ,31 December
BA owner to buy bankrupt Austrian airline Niki
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Send your comments
Your comment as a visitor