1. Pfizer's Long-Serving CEO Ian Read is Standing Down and Being Replaced by his Chief Operating Officer

    Pfizer's Long-Serving CEO Ian Read is Standing Down and Being Replaced by his Chief Operating Officer
    • Pfizer announces that CEO Ian Read will stand down from the start of 2019.
    • He will be replaced by Dr. Albert Bourla, who is currently Pfizer's chief operating officer.
    • "It’s been an honor to serve as Pfizer’s CEO for the past eight years," Read said in a statement.

    Ian Read, the long-serving chief executive officer of pharmaceutical giant Pfizer is set to step down, the company announced on Monday...

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    1. It's been an honor to serve as Pfizer's CEO for the past eight years.
    2. Today's leadership announcement is part of a thoughtful, multi-year succession planning process.
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