AstraZeneca lines up finance chief Dunoyer to head Alexion


Reuters | Washington DC | Updated: 04-06-2021 12:54 IST | Created: 04-06-2021 11:54 IST
AstraZeneca lines up finance chief Dunoyer to head Alexion
Image Credit: ANI
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  • United States

AstraZeneca said on Friday it had appointed Alexion's Aradhana Sarin as its new chief financial officer as it shifts existing CFO Marc Dunoyer to a new role leading the U.S.-based drugmaker after the pair's merger.

AstraZeneca agreed to buy Alexion in December in its largest-ever deal, a bet on rare-disease immunology which also includes a fast-growing cancer medicines unit and a major COVID-19 vaccine. London-listed AstraZeneca said Sarin's appointment was conditional upon the completion of its $39 billion buyouts of Alexion.

Dunoyer will become the U.S. drugmaker's chief executive officer while also being appointed chief strategy officer at AstraZeneca. He will leave the Anglo-Swedish company's board but continue to report to CEO Pascal Soriot.

(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)

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