Will Soriot Ditch AstraZeneca In Favor Of Teva… And A $20m Bonus?

Pascal Soriot is reportedly about to abandon his top role at UK big pharma AstraZeneca to join Israel's generics giant Teva – a switch that could see him receive a $20m signing bonus, if the rumors are to be believed.

Pascal Soriot
Rumor Mill Is Whirring: AstraZeneca CEO Pascal Soriot Supposedly Proposition By Teva For Top Job • Source: Lucie Ellis

Gossip is rife and AstraZeneca PLC's share price is plummeting because an Israeli news site has reported that current chief executive Pascal Soriot is considering the vacant CEO role at Teva Pharmaceutical Industries Ltd.

Israel-based Calcalist, a financial news website, reported on July 12 that Soriot had met with Teva's search committee and its...

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