Pink Sheet is part of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC’s registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call +44 (0) 20 3377 3183

Printed By

UsernamePublicRestriction
UsernamePublicRestriction

PARKE-DAVIS TO BE HEADED BY JOSEPH SMITH, JOINING FROM RORER

Executive Summary

PARKE-DAVIS TO BE HEADED BY JOSEPH SMITH, JOINING FROM RORER, where he was president of Rorer Pharmaceuticals and a corporate exec VP. His departure from Rorer follows three years with the firm. Smith, who was also named a corporate VP of Warner-Lambert, took over as president at Parke-Davis on March 1. He succeeds Sam Maugeri, who moves to president of Warner-Lambert's Europe/Middle East/Africa operations. Smith has been president of Rorer's U.S. pharmaceuticals business since May 1986. He joined Rorer as exec VP for U.S. operations in February 1986 from Johnson & Johnson. Smith's duties during his 20 years at J&J included management of pharmaceutical and consumer businesses and a term as VP-international operations. Maugeri had been president of Parke-Davis since 1987 and has been with Warner-Lambert for 32 years. Smith's appointment, announced Feb. 28, coincides with the realignment of top management responsibilities in several areas of Warner-Lambert's business. The changes will be effective by the middle of March. They appear designed to pave the way for the succession at the top of the Warner-Lambert corporate hierarchy from Chairman Joseph Williams to President Melvin Goodes. Maugeri will assume many of the duties previously handled by Jay Gwynne, who had been in charge of the Europe/Canada/Middle East/Africa businesses. Gwynne is named president of the newly-created Asia/Australia/Capsugel group. Responsibility for Canada operations will be handled by John Walsh, who moves from president of the American Chicle group to president, Canada/Latin America. Robert Serenbetz, who currently holds the title of president, Latin America/Asia/Australia group, will succeed Walsh as head of American Chicle. Maugeri, Gwynne and Walsh will report to Lodewijk de Vink, president of the company's international operations. De Vink, Smith and Serenbetz will report to President Goodes. Donald O'Neill, exec VP and chairman of international operations, will report to Chairman Williams.

You may also be interested in...



Part D Discount Liability Coming Into Focus: CMS Releases Drug Cost Data

Newly released Medicare Part D data sheds light on the sales hit that branded pharmaceutical manufacturers will face when the coverage gap discount program gets under way in 2011

FDA Skin Infections Guidance Spurs Debate On Endpoint Relevance

FDA appears headed for a showdown with clinicians and the pharmaceutical industry over the proposed new clinical trial endpoints for acute bacterial skin and skin structure infections, the guidance's approach for justifying a non-inferiority margin and proposed changes in the types of patients that should be enrolled in trials

Shire Hopes To Sow Future Deals With $50M Venture Fund

Specialty drug maker Shire has quietly begun scouting deals with a brand-new $50 million venture fund, the latest of several in-house investment arms to launch with their parent company's pipelines, not profits, as the measure of their worth

UsernamePublicRestriction

Register

OM013658

Ask The Analyst

Ask the Analyst is free for subscribers.  Submit your question and one of our analysts will be in touch.

Your question has been successfully sent to the email address below and we will get back as soon as possible. my@email.address.

All fields are required.

Please make sure all fields are completed.

Please make sure you have filled out all fields

Please make sure you have filled out all fields

Please enter a valid e-mail address

Please enter a valid Phone Number

Ask your question to our analysts

Cancel