Viatris Chairman Coury transitions to Chairman Emeritus; Higgins elected new Board Chair

Viatris Inc

Robert J. Coury steps down as Executive Chairman, becomes Chairman Emeritus and Strategic Advisor; Melina Higgins elected as Board Chair.
Viatris achieved $1B in synergies as planned, returned ~$1.8B to shareholders, and paid down ~$6.6B in debt, targeting 3x leverage.
Phase 2 (2024+) focuses on growth: investing in pipeline, strategic licensing/partnerships, and opportunistic M&A; returning ~50% FCF to shareholders.
Scott A. Smith continues as CEO with new organizational structure.

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