# Novartis names Firmenich CEO as chairman designate of Sandoz
Author: Pal sinha, Barnali
Author URL: https://startupobserver.com/author/pal-sinha-barnali/
Published: 2023-02-20
Category: Headlines
Category URL: https://startupobserver.com/category/headlines/
Meta Title: Novartis Names Gilbert Ghostine as Sandoz Chairman
Meta Description: Learn about the new chairman of Sandoz and Novartis' plans to spin off the generics unit in 2023. Stay updated on this major industry news!
URL: https://startupobserver.com/novartis-names-firmenich-ceo-as-chairman-designate-of-sandoz/

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ZURICH (Reuters) – Novartis on Monday announced the appointment of Gilbert Ghostine as chairman-designate of Sandoz, the generics unit Novartis wants to spin off later this year.

Ghostine has been CEO of Geneva-based Firmenich, the world’s largest privately owned perfume and taste company, since 2014.

He will become the chairman of the new board at Sandoz, which is to be formed after its spin-off from Novartis in the second half of 2023, subject to final Novartis Board of Directors and shareholder approvals.

(Reporting by John Revill; Editing by Paul Carrel)


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