Viatris appoints Scott A. Smith as CEO effective April 1, 2023; Michael Goettler departs

Viatris Inc

Scott A. Smith, former Celgene President/COO, appointed CEO effective April 1, 2023 to lead Phase 2 strategy.
Michael Goettler to support transition and depart; separation not due to any disagreement with company.
Smith's compensation: $1.4M base salary, 150% target bonus, 700% LTI (800% for 2023).
Severance: 1x base+bonus if terminated before June 30, 2024; 2x after; 2.5x on change in control.
Smith has been a Viatris board member since December 2022.

item 5.02 item 7.01 item 9.01

Executive movements

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Departed

Michael Goettler

Chief Executive Officer

VTRS · Viatris Inc

Effective: 2023-04-01
Successor: Scott A. Smith
Filed: February 27, 2023, 6:59 PM ET

Effective as of April 1, 2023, Michael Goettler, the Company’s current Chief Executive Officer, will cease to serve in that role and will cease to serve on the Board.

Appointed

Scott A. Smith

Chief Executive Officer

VTRS · Viatris Inc

Effective: 2023-04-01
Filed: February 27, 2023, 6:59 PM ET

On February 24, 2023, Viatris Inc. (the “Company”) appointed Scott A. Smith to serve as the Chief Executive Officer of the Company, effective as of April 1, 2023

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 1.0

Michael Goettler departed as Chief Executive Officer at Viatris Inc.

Action: cease to serve
Role: Chief Executive Officer

Exact text from the filing

Effective as of April 1, 2023, Michael Goettler, the Company’s current Chief Executive Officer, will cease to serve in that role and will cease to serve on the Board.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 1.0

Scott A. Smith was appointed as Chief Executive Officer at Viatris Inc.

Action: appointed
Role: Chief Executive Officer

Exact text from the filing

On February 24, 2023, Viatris Inc. (the “Company”) appointed Scott A. Smith to serve as the Chief Executive Officer of the Company, effective as of April 1, 2023

View on SEC.gov

Viatris Inc filing history →

Source: SEC EDGAR

accession 0001193125-23-050797

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