Teva Pharmaceutical
Industries' lead candidate for the chief executive spot is a foreigner, which
would break a long standing requirement that the CEO be based in Israel,
reports the Israeli financial news website, Calcalist.
CEO Erez Vigodman stepped down in February, amid a series of company
missteps and controversies. Teva is also searching for a new CFO to replace
Eyal Desheh, who will resign in June. Reportedly, Israeli members of the board
of directors are demanding that an Israeli be appointed CFO if the CEO is a
foreigner.
Chairman Dr. Sol Barer
commented, "We are looking around the world for the best candidate. We are
committed once we find that candidate to do what it takes to bring that
candidate to Teva."
Read the Reuters coverage
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