Several Key Management Changes Announced
NEW YORK, March 5 /PRNewswire-FirstCall/ -- Bristol-Myers Squibb Company (NYSE: BMY) today announced that the company's Board of Directors has elected Jean-Marc Huet senior vice president and chief financial officer, effective March 31, 2008. In this role, Mr. Huet will be responsible for directing and managing the company's fiscal operations, as well as the global financial operations of the organization and its subsidiaries. Andrew Bonfield, executive vice president and chief financial officer, will remain in that role until Mr. Huet's arrival. He will leave the company after a period of transition to seek new career opportunities.
"The Board and I wish to express our gratitude to Andrew Bonfield, who led the transformation of our financial organization over the last six years, and the strengthening of our internal controls following a period of significant challenges," said Jim Cornelius, chairman and chief executive officer. "He instituted new processes and procedures to modernize the company's financial reporting and streamlined the global finance organization to deliver superior financial support. We are pleased he has agreed to stay with the company for a period of time to support the transition to Jean-Marc, whom Andrew helped identify as a potential successor in 2007 when he began to discuss with me new challenges to further develop his career."
Prior to joining Bristol-Myers Squibb, Mr. Huet served as chief
financial officer at Royal Numico N.V. in Amsterdam. He is credited with
initiating and developing Numico's acquisition strategy within the
consolidating baby food sector and its resulting acquisition by Groupe
Danone. Prior to joining Royal Numico, N.
|SOURCE Bristol-Myers Squibb Company|
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