Home>Topics>>Novartis chairman Vasella says $78 mln payoff deal 'a mistake'

Novartis chairman Vasella says $78 mln payoff deal 'a mistake'

Reuters: Healthcare

Fri, 22 Feb 2013

BASEL, Feb 22 (Reuters) - Swiss drugmaker Novartis's outgoing chairman Daniel Vasella told shareholders on Friday he had made a mistake in negotiating a $78 million pay-off, as he tried to quell public outrage ahead of a national vote on whether to impose strict limits on corporate pay.

Related Topics:

  1. Novartis
  2. Switzerland
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