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Former Pfizer CEO, CFO say they will not be involved in Starboard's campaign against drugmaker
Former Pfizer CEO Ian Read and ex-CFO Frank D'Amelio said they will not be involved with activist investor Starboard Value, which reportedly wants the U.S. drug giant to make changes to turn its performance around.
Statement From Former Pfizer CEO Ian Read and Former Pfizer CFO Frank D’Amelio Regarding Starboard Value
Guggenheim Securities, LLC is issuing a statement on behalf of former Pfizer CEO Ian Read and former Pfizer CFO Frank D’Amelio: We have decided not to be involved in the efforts of Starboard Value regarding Pfizer.
Pfizer’s Ex-CEO Won’t Be Involved in Starboard Value Effort
Former Pfizer Inc. executives Ian Read and Frank D’Amelio have decided “not to be involved” in Starboard Value’s activist campaign against the drug company, according to a statement released on their behalf late Wednesday.
Former Pfizer executives not involved in Starboard's campaign against drugmaker
Pfizer's former CEO and Chair Ian Read and ex-CFO Frank D'Amelio said in a statement that they will not be involved with activist investor Starboard Value, which wants the U.S. drug giant to make changes to turn its performance around.
Former Pfizer Executives Ian Read And Frank D'Amelio Decline Involvement With Starboard's Efforts
Guggenheim Securities, LLC has issued a statement on behalf of former Pfizer Chief Executive Officer Ian Read and former Chief
1d
on MSN
Former Pfizer Executives Ian Read And Frank D'Amelio Support Albert Bourla's Leadership Amid Starboard Activism: 'Will Deliver Shareholder Value'
CEO Ian Read and ex-CFO Frank D’Amelio have decided to distance themselves from the activist campaign led by Starboard Value ...
17h
on MSN
Pfizer threatened to sue renegade executives prior to activist schism, Starboard's Smith says
Starboard’s Jeff Smith called on the company to assemble a special committee to investigate the matter, describing it as ...
FiercePharma
15h
Activist investor Starboard accuses Pfizer of strong-arming former execs into backing CEO Bourla ahead of strategy meeting
Pfizer’s situation with activist investor Starboard Value is already getting messy. | After initially supporting a meeting ...
8h
on MSN
Why Pfizer Stock Tumbled by Nearly 3% on Thursday
The company's latest institutional shareholder has made some troubling allegations against it.
4d
on MSN
Activist Starboard Value has $1 billion Pfizer stake, taps former executives for help, sources say
Starboard’s stake comes amid a time of struggle at the drugmaker, which has begun to cut costs aggressively as demand for its ...
13h
What's Going On With Pfizer Stock On Thursday?
On Thursday, Starboard Value LP, a significant shareholder of Pfizer Inc. (NYSE:PFE), issued a letter to the company’s Board ...
pharmaphorum
6y
Pfizer's Read resists merger pressure
Pfizer’s CEO
Ian
Read
is resisting investor pressure to mastermind the next pharma mega-merger, saying that the company will be best served by investing in its drug pipeline. As the company has ...
3d
Meet Jeff Smith, the hedge-fund investor taking on Pfizer
Since 2011, Starboard Value's Jeff Smith has extracted board seats and profits from corporate America — by force if necessary ...
Rum Raiders on MSN
15h
‘The Vampire Diaries’ Stars Ian Somerhalder and Paul Wesley Drop Bottled-in-Bond Bourbon for Brother’s Bond Whiskey
Brother’s Bond Bourbon, the whiskey brand helmed by “The Vampire Diaries” stars Ian Somerhalder and Paul Wesley, announced ...
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