this is confirmation that Andrew Witty clearly is not the brightest bulb in the box or that he is simply waiting for the purchase of GSK by some other suitor..
That being said, GSK has simply traded one incompetent boob for another. At least DD could say she entrusted her right hand man, JB, to be knowledgable about what is in his own wheelhouse....that is, managed care formularies and those who control such.
However make no mistake about it, Jack Bailey is the one and only one that caused the loss of Advair sales at ESI. He and his "yes" man Rob Yagt single handedly ran C. Ried out of the company in order to protect their backsides from their complete incompetence in the management of ESI and the contract negotiation during the summer of 2012.
Whether its a $500m or $1B in loss sales, it all came under his direct leadership or lack there of.
The shareholders of GSK should be outraged that AW has appointment the very man that caused this travesty.
The authors of these news reports should be researching and reporting on how this man caused this and furthermore has no vision. And with a lack of vision, comes no leadership. With no leadership comes no trust between his colleagues and more importantly customers like ESI, Aetna, United and Anthem.