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Wyeth Announces Executive Promotions
Date:11/30/2007

- Leadership in Place for CEO Transition on January 1 -

MADISON, N.J., Nov. 30 /PRNewswire-FirstCall/ -- Wyeth (NYSE: WYE) today announced senior management promotions of several executives who have been key contributors to Wyeth's success over the past several years.

"As I prepare for the role of Chief Executive Officer in January, I am pleased to have these experienced executives in place to build on Wyeth's strong foundation of success established by Bob Essner," says Bernard Poussot, President and Chief Operating Officer, Wyeth. "As several successful leaders retire as planned from key positions, I am delighted that we have been able to develop and then promote talented successors from within our organization. This enables us to continue to build strength through core brands, invest in R&D, bring new products to market and manage costs -- all key elements of Wyeth's growth strategy."

Joseph M. Mahady, President, Wyeth Pharmaceuticals

Joseph M. Mahady, 54, was elected to the position of President, Wyeth Pharmaceuticals and Senior Vice President, Wyeth, effective January 1, 2008. Mr. Mahady joined the Company in 1979 as a pharmacist in Regulatory Affairs. Following his progression through numerous management positions, he was appointed President, U.S. for Wyeth Pharmaceuticals in 1995. In 2003, Mr. Mahady assumed responsibility for all global business units. In 2005, he assumed responsibility for Latin America, and in February 2007 he was appointed President -- Global Business, Wyeth Pharmaceuticals with responsibility for all worldwide commercial businesses.

"Under Joe's leadership, our commercial success in the pharmaceuticals business has been key to Wyeth's continuing reve
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SOURCE Wyeth
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