Pink Sheet is part of Pharma Intelligence UK Limited

This site is operated by Pharma Intelligence UK Limited, a company registered in England and Wales with company number 13787459 whose registered office is 5 Howick Place, London SW1P 1WG. The Pharma Intelligence group is owned by Caerus Topco S.à r.l. and all copyright resides with the group.

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

BOEHRINGER INGELHEIM CORP. INTERIM PRESIDENT IS WERNER GERSTENBERG,

Executive Summary

BOEHRINGER INGELHEIM CORP. INTERIM PRESIDENT IS WERNER GERSTENBERG, who is overseeing day-to-day operations while the firm searches for a permanent replacement for former President and CEO Digby Barrios, who left on June 22, the company said. Gerstenberg, who is corporate exec VP and chief financial officer, took over the topside position after the abrupt departure of Barrios. Senior VP James Ueberroth also departed the firm on June 22. Boehringer Ingelheim's terse announcement of the changes said only that Barrios left the firm for "philosophical reasons" about the company's "strategic direction." The firm offered no explanation for Ueberroth's departure. The sudden management upheaval comes after one of the senior executive officers recently accepted an elected position with one of the major trade associations in the drug industry. Boehringer Ingelheim has "initiated immediate steps to select a successor," the company said, but is not using an executive search firm to locate a replacement. Concerning his departure, Barrios said that he and the company are negotiating a settlement. Ueberroth was unavailable for comment. Barrios, a former Squibb group VP, joined Boehringer Ingelheim Pharmaceuticals in 1983 as an exec VP. In 1988, he succeeded Harvey Sadow as B-I Corp. president and CEO ("The Pink Sheet" March 21, 1988, T&G-6). Gerstenberg, a native of Germany, also joined Boehringer Ingelheim Pharmaceuticals in 1983 as a senior VP. He was initially employed by Boehringer Ingelheim in Germany in 1968.

Latest Headlines
See All
UsernamePublicRestriction

Register

PS021089

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