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Teva CEO Vigodman to depart; names interim CEO, new chairman

  • Teva Pharmaceuticals (NYSE:TEVA) says CEO Erez Vigodman is stepping down effective immediately, with Chairman Yitzhak Peterburg becoming interim CEO.
  • Peterburg will no longer serve as chairman, since the roles of chairman and CEO are separated under Israeli law; the board names former Celgene CEO Sol Barer to serve as the new chairman.
  • Prior to rejoining Teva's board in 2012, Peterburg led the company's R&D efforts as head of global branded products; Vigodman had been CEO since February 2014.
  • Teva -0.8% AH.

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