Please login to the form below

Not currently logged in
Email:
Password:

Watson appoints management consultant to oversee Actavis acquisition

Marc Lehnen will lead the company's new global integration management office

Watson appoints management consultant to oversee Actavis acquisition

Watson has appointed Marc Lehnen to lead its new global integration management office, set up to support its €4.3bn acquisition of Swiss generics company Actavis.

Lehnen will join the US company on July 1 from McKinsey, where he spent 10 years, during which time he served in the management consultants' European healthcare practice.

Taking up the newly-created position of senior vice president of global integration management at Watson Lehnen's role will be to focus on planning and implementing the integration of Actavis.

Lehnen will be involved in integration planning before his official July start-date, and will report to Actavis president and CEO Paul Bisaro.

“Marc has years of experience in the generic industry and knows our culture and way of operating.  Marc will be charged with identifying members of senior management across the organisations to support the global integration of the two companies, and developing and executing the strategies necessary to bring Watson and Actavis together following the close later this year,” Bisaro said.

Watson expects the Actavis deal to close in the fourth quarter of 2012, which it says will make it the third largest generics company in the world, with more than 17,000 employees and pro forma revenues of around €6bn.

11th May 2012

Share

COVID-19 Updates and Daily News

Featured jobs

PMHub

Add my company
Virgo Health

Virgo Health is an award-winning global healthcare communications and medical education agency. We dispense pioneering and creative campaigns, driven by...

Latest intelligence

Women in science
The role of women in science and technology
Why the lack of female leaders in pharma and life sciences is a problem that still needs to be fixed...
Maria Dahl
China’s homecoming heroes fuel a biotech boom with rapid CAR-T advances
China secures a place at the forefront of innovative medicine...
Virtual Research Grants Submission and Approval Program
Impetus Digital summarizes how a client established an independent grant review committee and a virtual grant submission and approval program, without having to travel and meet in person....

Infographics