Sanofi-Aventis Names New Chairman

French drugmaker Sanofi-Aventis SA has chosen Serge Weinberg to become its next chairman, replacing Jean-Francois Dehecq who faces mandatory retirement at age 70.

Dec 16th, 2009

PARIS (AP) -- French drugmaker Sanofi-Aventis SA has chosen Serge Weinberg to become its next chairman.

Weinberg will replace Jean-Francois Dehecq, Sanofi-Aventis' long-time chairman, who faces mandatory retirement at age 70.

Weinberg ran French luxury goods group PPR from 1995 to 2005, then founded and directed a private investment fund.

Sanofi-Aventis is best known for making blood thinners Lovenox and Plavix, and the diabetes treatment Lantus.

More in Operations
A security officer talks on a phone in front of an image of an iPhone displayed at an Apple store in Ahmedabad, India.
Samsung, Apple to Boost Cellphone Manufacturing in India
The government announced $6.5 billion in incentives for Samsung and three contract manufacturers.
Aug 3rd, 2020
n this Monday, Dec. 14, 2009 file photo, Actor Wilford Brimley attends the premiere of 'Did You Hear About The Morgans' at the Ziegfeld Theater in New York. Wilford Brimley, who worked his way up from stunt performer to star of film such as “Cocoon” and “The Natural,” has died.
Quaker Oats Pitchman Brimley Dead at 85
The mustached Brimley was a familiar face.
Aug 3rd, 2020
Thumb2
Kodak Leaked News of Massive Federal Drug Loan
The announcement sent the company’s stock price skyrocketing — but its shares were already unusually active.
Aug 3rd, 2020
Snap On Wer
Snap-on Q2 Sales Fall 24%
That compares with a 7.5 percent YoY decline in Q1, with far larger declines in segment profits.
Jul 31st, 2020
I Stock 865718350
Caterpillar Slashes Inventory as Q2 Sales Fall 31%
Dealers cut machine and engine inventories by about $1.4 billion during Q2, compared to a $500 million increase a year earlier.
Jul 31st, 2020
Flags wave in front of a factory building during the production restart of a VW plant in Zwickau, Germany.
VW Posts $1.8B Loss
But the German automaker still sees the potential for a profitable 2020.
Jul 30th, 2020
Robot Human Hand Connection 000075665883 Small
Automation: Post-COVID-19
How the pandemic has altered approaches to automation and robot investments.
Jul 30th, 2020
A single-use test hood from FLEXcon in action.
Film Manufacturer Delivers for Frontline Workers
"Their efforts were nothing less than heroic, and we couldn’t be prouder of their accomplishments during a very difficult time."
Jul 29th, 2020
Lambotn2
Man Charged After Buying Lamborghini with PPP Loan
He obtained $3.9 million as part of the Paycheck Protection Program.
Jul 29th, 2020
Nike Retail Ap
Nike Drops Plans for Ariz. Plant
The company had planned to invest $184 million in a Phoenix suburb.
Jul 29th, 2020
Thumb2
Pandemic Paves Way for Historic Airstream Sales
Following an early-pandemic 70 percent drop in orders, the RV maker hit a sales record in May.
Jul 28th, 2020
I Stock 939248364
Fed Extends Lending Programs Amid Lasting Pandemic
Several of the loan programs were originally set to expire Sept. 30.
Jul 28th, 2020