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End Of Schultz Era Looms For Teva

CEO Kåre Schultz Unlikely To Renew Contract Past November 2023, Company Confirms

 
• By Dave Wallace

Teva is expecting to have a new CEO by the end of next year, after current leader Kåre Schultz indicated that he was unlikely to renew his contract. The president and chief executive has overseen an eventful and transformative period for the Israeli firm.

Kare Schultz
Kåre Schultz has been president and CEO of Teva since late 2017 • Source: Teva

Teva will likely have a new CEO by the end of next year, with current chief executive and president Kåre Schultz in recent days indicating that his tenure is now unlikely to extend past November 2023.

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