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Pfizer/Pharmacia integration

This article was originally published in The Tan Sheet

Executive Summary

Pfizer Senior VP-Strategic Planning & Business Development Tom Booth will lead Consumer Healthcare division's transition team in the Pharmacia integration. Teams are responsible for "day-to-day transition planning process," serving as "focal point for two-way communication between the divisions and corporate and between the divisions themselves," says 1Pfizer employee newsletter article filed with SEC. Pfizer, Pharmacia team leaders will meet for first time Aug. 13. "Transition process will be carried out using Pfizer's existing governance structure, which went through a significant overhaul following the W-L merger, with more decision-making authority and accountability being given to the businesses," Pfizer says. Companies expect deal to close by year-end (2"The Tan Sheet" July 22, 2002, p. 8)...
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