Viatris appoints Scott A. Smith to succeed CEO Michael Goettler, effective April 1

Viatris (NASDAQ:VTRS) has appointed Scott A. Smith as new Chief Executive Officer, effective April 1, 2023.
Michael Goettler will work with Smith for a seamless transition and will then depart as CEO and as a member of the board.
Smith has been a member of the Viatris Board since December 2022.
Most recently, he served as President of BioAtla, Inc. (NASDAQ:BCAB).
Robert J. Coury, Executive Chairman of Viatris said, "As we now prepare to enter into Phase 2 of our evolution for 2024 and beyond, we believe Scott Smith is the absolute right leader to guide Viatris into a period of renewed growth and leadership in our sector. The Board sees his strong commercial and strategic expertise being complemented by his experience in organically building product franchises, business development and partnering activities."
Earlier today, the company reported mixed Q4 results.
Over a period of one year, VTRS lost about 17% of its value.