Date: 2015-11-06
Type of information: Nomination
Compound:
Company: Boehringer Ingelheim (Germany)
Therapeutic area:
Type agreement: nomination
Action mechanism:
Disease:
Details: * On November 6, 2015, Boehringer Ingelheim announced that after 24 years’ service to the group, Professor Andreas Barner will retire as Chairman of the Board of Managing Directors on 30 June 2016 and will move to the Shareholders\' Committee of Boehringer Ingelheim. After completing his doctorate in medicine and mathematics, Professor Barner joined Boehringer Ingelheim in 1992 as Head of the Medical Division. He became a member of the Board of Managing Directors in 1999, and has been Chairman since 2009. He will be succeeded by Hubertus von Baumbach, whom the shareholders have appointed as the new Chairman of the Board of Managing Directors. Christian Boehringer said that this decision provided a successor who would ensure continuity whilst also looking to the future: \"Hubertus von Baumbach knows the corporation and its various divisions and his time on the Board of Managing Directors has prepared him well for the company’s future challenges. Along with colleagues on the Board of Managing Directors, he will continue the drive for change at Boehringer Ingelheim in order to secure the company’s independence in the long term.\" Hubertus von Baumbach completed a banking apprenticeship and the first and second German state legal examinations, before going on to receive an MBA from MIT in Cambridge, USA. He has been a member of the Board of Managing Directors since 2009 and is Head of the Corporate Board Division Finance. Following periods at Roche in the USA and at BI in Canada, he performed various functions in the finance division at Boehringer Ingelheim in Germany. From 1 January 2016, Dr Michel Pairet will become a member of the Board of Managing Directors with responsibility for the Corporate Business Division Research and Nonclinical Development. Dr Michel Pairet studied veterinary medicine in Toulouse, France and came to Boehringer Ingelheim in 1992, where he led the Pharmacology Unit at the research facility in Biberach. Dr Pairet has taken on ever greater responsibility in the area of research with management roles including respiratory research, the Corporate Venture Fund and, since 2013, worldwide pharmaceutical research and nonclinical development.
Financial terms:
Latest news:
