Please login to the form below

Not currently logged in
Email:
Password:

Roche chairman Franz Humer to step down

Will not stand for re-election in 2014

Roche Franz Humer 

Roche's Franz Humer has decided not to stand for re-election as chairman of the group's board of directors when his current term ends.

The Swiss pharma company said it would nominate a successor for the 67-year-old Humer in the autumn.

Addressing Roche's annual general meeting yesterday Humer said: “Once an executive turns 65, some law of journalism seems to demand that reporters continually ask when you're going to retire.

“I've always been deliberately noncommittal about that. First, because I enjoy my work immensely. And second, because I've always thought that I should inform you personally of any such decision, and at a time of my choosing.

Having worked in the pharmaceutical industry for 40 years, spending half of that time at Roche, Humer said now was the right time from the point of view of the company for him to plan to step down.

He added: "I'm not in favour of fixed terms of office - indeed, Roche's long tradition of maintaining continuity in its leadership has significant advantages in our short-term world – but new blood also brings fresh ideas.”

Meanwhile, Roche has decided that whoever is elected to replace Humer will also serve as non-executive chairman, continuing the established separation of the offices of chairman and CEO.

6th March 2013

From: Research, Sales

Share

Tags

Featured jobs

Subscribe to our email news alerts

PMHub

Add my company
OPEN Access Consulting

OPEN Access Consulting is a specialist market access agency within the OPEN Health Group. As value communications experts we specialise...

Latest intelligence

PM Society Digital Awards – the power of together
Our chief executive, Emma Statham, writes about the value of awards and the power of together....
Seduction_feature_image_thumb.jpg
Seduce anyone in four simple steps
You know the health of the global economy is dependent on our ability to seduce one another – don’t you? And you know that we need to be able to...
What Would Jeremy Do? : Assessing the impact of a Corbyn-led Labour government
GK Strategy are delighted to announce the launch our latest briefing paper entitled ‘What Would Jeremy Do? Assessing the impact of a Corbyn-led Labour government’....

Infographics