Who will be the new CEO?

Will it be an external or internal candidate?

 

very immature and vulgar............you will be warned soon !

 

You have misinterpreted the post and it's intent was not to be vulgar. All companies have a succession plan. Andrew is proving to be very prescient in terms of how he has set the company up for long-term success and employees and shareholders should be very pleased with him despite some pain from downsizing and realignment of therapeutic priorities/businesses. The oncology decision was bold and brilliant despite naysayers. Whether succession occurs a year from now or ten years there likely is a plan in place. Are they grooming a scientist/physician or business individual within GSK to eventually take over? Or will they select an outsider? That is the intention of this post, to create discussion not to take potshots at Andrew.

 

Even a trained monkey could make a right decision once in awhile... seems that's about all it takes.

And yes, sick... and... Boing!

 

Your daddy was a trained monkey that threw darts.

 

Bozo the Clown would be a good candidate!

 

Oh no!

http://www.fiercepharma.com/story/pressure-mounts-gsk-us-hedge-fund-leading-calls-exec-shakeup/2016-01-25?utm_medium=rss&utm_source=feedly&utm_campaign=rss

 

NO dammit.... entitlements!!!

 

This company does not need a change in leadership at this moment. That being said, AW was too young and inexperienced from day one. We are all suffering as a result of his pre-mature appointment. This company needs to acquire someone or some product! FAST!!!! That is the only thing that will save our future. Investors are calling for us to break up. If this were to be done, the individual divisions will be gobbled up by predatory companies such as Pfizer. AW, get off of your pompous British a$$ and make a move! Vaccines is a losing proposition. With no contracts and a volume based profit model...a losing strategy! You invested in emerging markets when you began. You bad mouthed the U.S. A decade later, and U.S. pharma still accounts for 40% of global sales. Emerging markets and their volatile geopolitical governments, societies, and religions have proven to be a drain on profits. It's time to acquire someone or something NOW!! Get rid of Inventive in the U.S.! They are not the solution and cost us millions. It's time AW! Make a move! And layoffs...you have done that three times in the last seven years. Time for a new strategy! Your people want to be proud again! Make it happen!

 

Triple boing!

 

Candidates are probably being considered and possibly interviewed. Witty will likely be out soon. In the end he's getting sacked just like he did to thousands of other GSK employees. Justice.

 

True bit he leave with millions and a knight. Not quite the same.

 

Witty and DC destroyed this company and every rep and investor knows it. Not sure why it took the Brits so long to see it. Either way he will leave a multi millionaire and we are the ones who got screwed

 

Sacked with a nice golden parachute and marathon medals from all over the world. Not quite.

 

Pretty much.

Very sad

 

Socialist salesman, totally clueless

 

yes all of this is true. However whenever he is mentioned in the media going forward he will be forever linked to GSK. For example "Sir Andrew, the new Duke of Fiddle Faddle, was previously the CEO of GSK but stepped down due to a low volume, low margin strategy that went against all logic."

 

Yeah, because SAW's history of acquisitions has gone so well . . . Let's review - Stiefel, HGS, overpaying for NVS vaccine business so that you can crow about how "much you got" for your oncology business. BTW, what's the strategy in oncology? Become a biotech? Yeah, that'll work. Scientists are going to flock to GSK for that 6% dividend yield.

FYI, there's no money to acquire anything. The company is staring down $20Bn in put options on Viiv and Cx that are coming due in the next couple of years, which is fortunate given this management's history of wasting the shareholders' money.

 

A good skipper goes down with his ship

 

Yea and an incompetent idiot skipper is the one who crashes and brings the ship down!