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Credit Suisse Affirms Positive View on Zoetis (ZTS) Amid CFO Transition; Retains 'Outperform' Rating

Go back to Credit Suisse Affirms Positive View on Zoetis (ZTS) Amid CFO Transition; Retains 'Outperform' Rating

Guggenheim Remains Positive on Zoetis (ZTS) as CFO Departs for Valeant (VRX)

August 22, 2016 11:16 AM EDT

Guggenheim is out with commentary on recent CFO changes at Zoetis (NYSE: ZTS) and Valeant. The firm rates Zoetis at Buy with a price target of $60.

Analyst Louise Chen comemnted, In Specialty Pharma it seems as if conservation of mass applies to senior leadership changes within the industry. Yesterday evening, Zoetis announced... More

Valeant hires Zoetis's Paul Herendeen as CFO

August 22, 2016 6:14 AM EDT

(Reuters) - Valeant Pharmaceuticals International Inc (NYSE: VRX) named Zoetis Inc (NYSE: ZTS) executive Paul Herendeen as its chief financial officer, replacing Robert Rosiello, the latest in a series of management changes at the Canadian drugmaker.

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Zoetis (ZTS) Names New CFO

August 22, 2016 6:07 AM EDT

Zoetis Inc. (NYSE: ZTS) announced that Glenn David, Senior Vice President of Finance Operations, has been named Executive Vice President and Chief Financial Officer (CFO), and will assume responsibility for the oversight of the companys financial management, planning and global operations, effective immediately. As CFO, David will report directly to Chief Executive Officer... More

Valeant Pharma (VRX) Names Paul Herendeen as CFO

August 22, 2016 6:04 AM EDT

Valeant Pharmaceuticals International, Inc. (NYSE: VRX) announced that Paul S. Herendeen has been appointed Executive Vice President, Finance and will take over the role of Chief Financial Officer from Robert L. Rosiello effective immediately. Mr. Rosiello will remain at Valeant as Executive Vice President, Corporate Development and Strategy.

Mr. Herendeen has more than 30 years of broad financial experience and leadership, including 16 years as CFO of Warner Chilcott and MedPointe. He joins Valeant from Zoetis (NYSE: ZTS), where he served as Executive Vice President... More