German pharma major Bayer (BAYN: DE) has appointed Sebastian Guth as president of Pharmaceuticals, Americas Region, comprising the USA, Canada, Central and Latin America, effective December 1, 2018.
Mr Guth succeeds Carsten Brunn and will be based in Whippany, New Jersey, USA. Mr Brunn is schedule to take over as president and chief executive of Selecta Biosciences from the retiring Werner Cautreels, also in December 2.
"Sebastian is a highly respected, seasoned leader in the pharmaceutical industry, and I'm thrilled to have him lead Bayer's largest pharmaceutical business worldwide," said Dieter Weinand, a member of Bayer's board of management and president of Pharmaceuticals.
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