Sandoz’ Goldschmidt is lined up as Stada chief

Peter Goldschmidt, president of Sandoz’ US subsidiary and head of the North America region, will succeed Claudio Albrecht as chief executive officer (CEO) of Stada from 1 September 2018, the German firm has announced. “Goldschmidt will build on the successful course of renewal and growth at Stada which Claudio Albrecht will continue pursuing until the transition of the CEO role,” the company stated, adding that “as previously announced, Albrecht will then move on to a non-executive position within the group”.