GSK Management Shake Up Ahead Of New CEO Sees Hussain Out, AZ's Miels In

"Succession processes are challenging for everyone involved and, unfortunately, it is rare that all of those involved stay with the company," stated GSK's out-going CEO Andrew Witty, as Abbas Hussain decides to leave the company having lost out on the top job, which went to Emma Walmsley. His successor will be AstraZeneca's Luke Miels.

Resignation

GlaxoSmithKline PLC's Abbas Hussain, president of its global pharmaceuticals unit, will leave the company later this year. He will be replaced by Luke Miels, currently head of AstraZeneca PLC's European business.

The news follows the appointment of Emma Walmsley as Andrew Witty's successor. She takes over on April 1, 2017.

Scrip Podcast

Keep up with the top pharma business news of the week. On the go.

Scrip brings you a weekly bulletin of top picks.

More from Business

More from Scrip