Grunenthal nabs AstraZeneca exec as new CEO
German family-owned drugmaker Grünenthal Group today announced that its supervisory board has named Gabriel Baertschi to become Grünenthal’s new chief executive as of October 1, 2016.
Mr Baertschi will join Grünenthal from Anglo-Swedish pharma major AstraZeneca (LSE: AZN), where he currently serves as country president for Japan.
A native of Switzerland, Mr Baertschi has more than 17 years of international experience in the pharmaceutical industry, including the last three years as country president for Japan when he was responsible for an organization of over $3 billion in sales and over 3,000 employees across R&D, manufacturing and commercial functions. Under Mr Baertschi tenure, AstraZeneca moved from the 12th to the 6th best-selling pharma company in Japan, and significantly shortened drug development timelines. Prior to taking up his current role in 2013, he served as country president for Germany and earlier in his career served as country manager in various Emerging Markets.
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