Cipla CEO Subhanu Saxena Steps Down


Cipla CEO Subhanu Saxena is stepping down in order to deal with what he calls “emerging family priorities.” Saxena has led the company since 2013. Saxena is being replaced by Umang Vohra, who has most recently been the company’s global chief financial and strategy officer. Saxena is leaving the company as Cipla has watched revenues decline 6 percent, with a major 21 percent drop in North America.

Read the source article at FiercePharma

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