Sanofi board ousts CEO Viehbacher, Chairman Weinberg takes helm

Reuters

Updated 29 October 2014 at 4:26 am

Chris Viehbacher, Chief Executive Officer of Sanofi, poses for the media before the company's 2012 annual results presentation in Paris February 7, 2013. REUTERS/Jacky Naegelen

PARIS (Reuters) - Sanofi's board said on Wednesday it had unanimously decided to oust the French drugmaker's chief executive, Chris Viehbacher, and asked Chairman Serge Weinberg to take the helm until a successor is found.

"The board confirms its commitment to continuing the strategy and the international expansion of the group based on research and innovation and its growth platforms," Sanofi's board said in a statement.

Sanofi shares fell 4 percent after the announcement.

(Reporting by Natalie Huet; Editing by James Regan)

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