Lonza CEO Pierre-Alain Ruffieux to leave CDMO amid reduced growth

Lon­za CEO Pierre-Alain Ruffieux is set to leave the Swiss con­tract man­u­fac­tur­er at the end of the month, with chair­man Al­bert Baehny set to step in as the in­ter­im CEO, per a Mon­day press re­lease.

The sep­a­ra­tion is based on a “mu­tu­al agree­ment,” ac­cord­ing to the com­pa­ny, but it didn’t spec­i­fy a rea­son for his de­par­ture. The com­pa­ny’s strat­e­gy and out­look mov­ing for­ward will be dis­cussed at its Cap­i­tal Mar­kets Day in Visp, Switzer­land, on Oct. 17.

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