Bristol-Myers Squibb announces executive changes

3/4/2009

NEW YORK Drug maker Bristol-Myers Squibb announced a wave of executive appointments Wednesday as part of what it called a transformation to a “next-generation” biopharmaceutical leader.

The company appointed Lamberto Andreotti as president and COO and elected him to the board of directors, also placing him on the newly formed executive committee with chairman and CEO James Cornelius. Elliott Sigal became EVP, chief science officer and president research and development and will oversee Bristol’s research, discovery and development functions. Jean-Marc Huet was promoted to EVP and CFO and will also oversee the areas of strategy and productivity.

“This group will chart the future for Bristol-Myers Squibb,” Cornelius said in a statement. “Our transformation over the past 15 months has been swift and seamless, and we will continue to move forward as a company purely focused on helping patients prevail against serious disease.”

Bristol also named Anthony Hooper as president for the Americas, Beatrice Cazala as president for global commercialization and Europe, John Celentano as president for emerging markets and the Asia-Pacific region, Giovanni Caforio as SVP global and United States oncology and Carlo De Notaristefani as president for technical operations and global support functions.

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