The Traderszone Network

Published in TZ Latest News 28 December, 2015 by The TZ Newswire Staff

Valeant to be led by group of execs as CEO on medical leave

Valeant Pharmaceuticals International Inc said a group of company executives will take over in an interim capacity, until CEO Michael Pearson returns from medical leave. Pearson, who joined Valeant as CEO in 2010 after a 23-year career at McKinsey & Company, will be on a medical leave of absence, effective immediately, the company said in a statement on Monday. Valeant’s board has created an “office of the Chief Executive Officer”, which will include general counsel Robert Chai-Onn, company group chairman Ari Kellen, and chief financial officer Robert Rosiello.