Pfizer, the pharmaceutical major has announced the appointed of Mr. S Sridhar as its new Managing Director (MD) with immediate effect for a period of five years. The announcement came at the time of BSE filings and applied with the immediate effect from 18th March, 2016.
Mr. S. Sridhar has been working with Pfizer from past 10 years. He joined the company in the year 2003 as Chief Financial Officer (CFO) of the company and later in the year 2013 he was appointed as the Executive Director on the Board.
Prior to this these appointment with Pfizer, Mr. S. Sridhar has worked with Diageo India Pvt Ltd as the Finance Director.
Mr. Sridhar’s appointment will be subject to the approval of shareholders at the ensuing Annual General Meeting of the company.
Pfizer Inc. is an American global pharmaceutical corporation. It is among the world’s largest pharmaceutical companies. Pfizer develops and produces medicines and vaccines for a wide range of medical disciplines, including immunology, oncology, cardiology, endocrinology, and neurology.
Pfizer India Limited was awarded the FICCI SEDF (Socio Economic Development Foundation) Certificate of Commendation for its social responsibility efforts. And has also won several awards including that for the multinational pharmaceutical company of the year and the most respected MNC.
Extra Info :
Pfizer Global Headquarter : New York City, US
Pfizer India Head office : Mumbai , India
Founder of Pfizer Inc. : Charles Pfizer & Charles F Erhart
So now lets discuss some questions related to this post which can be asked in the upcoming exams :
1. Name the person who has been appointed as the new MD of Pfizer India Ltd ?
2. Pfizer is associated with which industry ?
3. Expand the term CFO & SEDF ?
Courtesy : PTI News