MADISON, N.J., Feb. 5 /PRNewswire-FirstCall/ -- Wyeth (NYSE: WYE) today announced that its Board of Directors has elected Timothy P. Cost, 48, to the position of Senior Vice President, Corporate Affairs effective immediately. Mr. Cost replaces Marily H. Rhudy, 59, who has announced her plans to retire.
Prior to joining Wyeth, Mr. Cost was Executive Vice President, Corporate Affairs at ARAMARK since 2003. During his 27-year career, he has served in senior executive roles for several leading companies. He formerly was Senior Vice President of Corporate Affairs for Pharmacia and, prior to that, Vice President of Investor Relations and Corporate Intelligence for Bristol-Myers Squibb Company. He also served as Senior Vice President, Communications and Strategy for Centocor, Inc. Mr. Cost began his career with Kodak, holding a number of management positions with the company, including Director of Strategic Planning, Worldwide Operations and Vice President, Investor Relations.
Mr. Cost earned his undergraduate degree from Jacksonville University in Florida and holds an M.B.A. in Finance and Economics from the William E. Simon Graduate School of Business at the University of Rochester.
"I am pleased to have a leader of Tim's caliber joining the senior management team," says Bernard Poussot, President and Chief Executive Officer, Wyeth. "His extensive and broad experience, especially in the biotechnology and pharmaceutical sectors, will help us as we continue to deliver innovative new products and navigate the changing business environment."
Ms. Rhudy joined Wyeth in 1993 as Assistant Vice President,
Professional Relations for Wyeth's pharmaceuticals division and held
positions of increasing responsibility while building
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