leadership
confidence high
sentiment neutral
materiality 0.65
Zoetis appoints Jay Saccaro as CFO and COO; Wetteny Joseph to advise until early 2027
Zoetis Inc.
- James Saccaro appointed EVP, CFO and COO effective August 17, 2026; previously VP and CFO at GE HealthCare.
- Wetteny Joseph steps down as CFO, will serve as Special Advisor to CEO on financial matters until early 2027.
- Joseph's departure not due to any disagreement with company's operations, policies, or accounting practices.
- Saccaro will lead global finance, capital allocation, investor engagement, and oversee Global Manufacturing and Supply.
- Saccaro receives $1M base salary, 100% target bonus, $5M annual LTI, and one-time make-whole awards of $6.25M RSUs and $1.25M cash.