Tuesday, November 08, 2005

AZs new CEO - A different approach?


David Brennan is getting his feet under the desk at AZs' UK Mayfair offices. Unfortunately, he is still "hot desking" as his CEO role starts in the new year.

In an interview with the UK Daily Telegraph he notes: "My approach to things is different to Tom's set up," referring to outgoing CEO Sir Tom McKillop.

How different, Insider wonders?

Certainly he has his challenges: Crestor stuck at 6% market share, only two Phase 3 products (both with BIG risks attached), constant merger rumors and an ageing product portfolio.

Steering the AZ supertanker will be a difficult job, particularly if a course change is involved. Insider is sure he will be fully supported by his close colleagues (you know, the guys who didn't get the top job) in this task.

Source: Daily Telegraph

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