Novartis oncology CEO quits after less than a year

Novartis has appointed Susanne Schaffert to lead its oncology division after incumbent CEO Liz Barrett decided to leave for another job.

Barrett only joined Novartis in January from Pfizer but said that she is unwilling to relocate to Basel where Novartis’ oncology headquarters is based, and has instead accepted a leadership role at a US biotechnology company.