Richard Francis, global chief executive officer of Sandoz, will step down from the position at the end of this month. He will be replaced on an ad-interim basis by Sandoz’ regional head for Europe, Francesco Balestrieri, who will report directly to parent group Novartis’ CEO, Vas Narasimhan.
Explaining his decision to resign, Francis stated: “As we announced earlier this year, Sandoz is embarking on a significant transformation....






