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Alvotech Switches CEO And Takes COO From Teva

Founder Wessman Will Replace Levick As CEO, While Fridriksdottir Joins Firm From January

 
• By Dave Wallace

Major leadership changes are being made at the top of Alvotech, with founder Robert Wessman stepping in to replace Mark Levick as CEO at the same time as Teva’s former head of global R&D, Hafrun Fridriksdottir, becomes COO of the biosimilars developer.

Leader change wooden blocks
Changes are being made at the top of Alvotech’s leadership structure • Source: Shutterstock

The start of 2023 will see major changes at the top of Alvotech’s management structure, after the company announced that chief executive officer Mark Levick would be stepping down, to be replaced in the CEO role by founder and executive chairman Robert Wessman.

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