Bayer is “basically halving” the size of its pharmaceutical leadership team, a spokesperson told Endpoints News, as the company begins to roll out a restructuring plan aimed at making it more efficient.
The German drugmaker is eliminating six seats on the pharmaceutical division’s leadership team, though only one executive is leaving the company, the spokesperson said Wednesday. The current leadership team is made up of 14 executives, including leaders from communications, legal and HR who are not affected by the latest changes. Anne-Grethe Mortensen, head of global marketing, is leaving the company.
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