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AstraZeneca lines up finance chief Dunoyer to head Alexion

Stock Markets39 minutes ago (Jun 04, 2021 02:30AM ET)AstraZeneca lines up finance chief Dunoyer to head Alexion© Reuters. FILE PHOTO: A company logo is seen at the AstraZeneca site in Macclesfield, Britain, May 11, 2021. REUTERS/Phil Noble

(Reuters) – AstraZeneca (NASDAQ:AZN) said on Friday it had appointed Alexion (NASDAQ:ALXN)’s Aradhana Sarin as its new chief financial officer as it shifts existing CFO Marc Dunoyer to a new role leading the U.S.-based drugmaker after the pair’s merger.

AstraZeneca agreed to buy Alexion in December in its largest ever deal, a bet on rare-disease immunology which also includes a fast-growing cancer medicines unit and a major COVID-19 vaccine.

London-listed AstraZeneca said Sarin’s appointment was conditional upon the completion of its $39 billion buyout of Alexion.

Dunoyer will become the U.S. drugmaker’s chief executive officer while also being appointed chief strategy officer at AstraZeneca. He will leave the Anglo-Swedish company’s board but continue to report to CEO Pascal Soriot.AstraZeneca lines up finance chief Dunoyer to head AlexionAdd a Comment

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