Amid an uproar from shareholders, Novartis (NVS) cancels a plan to pay outgoing Chairman Daniel...

|About: Novartis AG (NVS)|By:, SA News Editor

Amid an uproar from shareholders, Novartis (NVS) cancels a plan to pay outgoing Chairman Daniel Vasella $78M. The cancellation also eliminates the noncompete agreement, leaving Dr. Vasella free to work where he chooses.