• Richard Francis, CEO Sandoz, to step down on March 31, 2019
• Francesco Balestrieri, Head Region Europe, Sandoz, appointed ad-interim CEO Sandoz

Basel, March 14, 2019 – Novartis announced today that Richard Francis will be stepping down as CEO of Sandoz, a Novartis division, and as a member of the Executive Committee of Novartis on March 31, 2019. Francesco Balestrieri, currently Region Head Europe, Sandoz, has been appointed ad-interim CEO Sandoz. He will report to Vas Narasimhan, CEO, Novartis.

Vas Narasimhan said; “I would …