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Business
Bayer taps Roche for new CEO
by Alex Scott
February 24, 2023
| A version of this story appeared in
Volume 101, Issue 7
Credit: Bayer
Bill Anderson
Bayer has appointed Bill Anderson, a senior executive with Roche and former CEO of Genentech, its chief executive effective June 1. Anderson replaces Werner Baumann, whose term had been due to run until April 2024. Baumann has had a torrid few years as CEO. His 2018 acquisition of Monsanto exposed Bayer to thousands of lawsuits claiming that its leading product, Roundup, causes cancer. In addition, Bayer’s drug development pipeline has underwhelmed some investors.
Chemical & Engineering News
ISSN 0009-2347
Copyright © 2024 American Chemical Society
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