Stada has announced the new name to succeed the current CEO Claudio Albrecht in September this year.
The company said that Peter Goldschmidt will join STADA Arzneimittel on September 1, 2018.
“An experienced manager in the OTC and generic drug segment, Goldschmidt will build on the successful course of renewal and growth at STADA which Claudio Albrecht will continue pursuing until the transition of the CEO role. As previously announced, Albrecht will then move on to a non-executive position within the group of companies,” the company said in a press release Thursday.
“Claudio Albrecht is making tremendous progress at STADA and will continue implementing the necessary reforms as CEO until later in the year. It has always been clear that he will then stay with STADA in a non-executive role, and we are delighted to have recruited an outstanding successor in Peter Goldschmidt,” said Günter von Au, chairman of the STADA supervisory board. “The company is already in a good position to carry on with its successful renewal. At the same time, we are preserving the sense of continuity that is so vital to the development of STADA.”
Claudio Albrecht, said: “Peter Goldschmidt is truly an excellent choice. I have known him for many years and hold him in very high esteem. I’m pleased especially for our 11,000 employees who now have a clear, long-term perspective for the leadership of the company. We are laying the foundation for the company’s continued growth: A great deal has been achieved since September of last year. I will continue working full speed ahead to keep STADA on track for renewal until the transition of my role, and I look forward to staying close to the company in a non-executive role in the long term.”
Peter Goldschmidt said: “Naturally I have known STADA as a key player in the industry for many years, and I see enormous potential in the company. It has also been evident from the outside that the company has recently experienced a healthy shake-up and many new initiatives were launched. I’m looking forward to working with all of the employees at STADA. Together we will strive to fully utilise the growth opportunities in the market.”