Pfizer exec jumps ship to head up Novartis Oncology

11 January 2018

Swiss pharma giant Novartis (NOVN: VX) today revealed that Elizabeth (Liz) Barrett, currently global president oncology at Pfizer (NYSE: PFE), will join the company as chief executive of Novartis Oncology and a member of the executive committee of Novartis, effective February 1, 2018.

She will be based at Novartis’ headquarters in Basel. Mrs Barrett succeeds Bruno Strigini who decided to retire from Novartis for personal reasons.

Vasant (Vas) Narasimhan, designated chief executive of the Novartis group, said: "Liz is a highly accomplished and recognized oncology and people leader with an impressive record of building successful business organizations in the US, Europe and globally. She has been instrumental in creating new commercial models, driving innovation in close partnership with research and development and leveraging business development opportunities. Her long-time commercial pharma industry experience, marketing skills and perspectives make Liz a great fit to further develop our oncology business."

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