News Formal

Pfizer CEO says he welcomes good ideas as Starboard ups pressure on company

  • 📰 NBCLA
  • ⏱ Reading Time:
  • 29 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 59%

News Nouvelles

Belgique Dernières Nouvelles,Belgique Actualités

Pfizer reported an earnings beat Tuesday morning and raised its full-year outlook, seeing strength in sales of its Covid vaccine and antiviral pill, Paxlovid.

In a Tuesday interview with CNBC's Jim Cramer, Pfizer CEO Albert Bourla struck a positive tone about activist investor Starboard Value, saying he agreed with some of its criticisms, but maintained that the company is headed in a good direction.

"I think we are doing a lot of changes. But if Starboard, and anybody else for that matter, have good ideas, I will certainly discuss them and entertain," he said. , Pfizer CEO Albert Bourla struck a positive tone about activist investor Starboard Value, saying he agreed with some of its criticisms, but maintained that the company is headed in a good direction."I agree that the total shareholder return right now is very poor. Why is that? Because we had a significant drop last year," he said."I think we are doing a lot of changes.

 

Merci pour votre commentaire. Votre commentaire sera publié après examen.
Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 319. in BE

Belgique Dernières Nouvelles, Belgique Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Former Pfizer CEO, finance chief step back from Starboard's activist campaignThe about face comes as the board grapples with the activist’s efforts, and just days before Starboard’s Jeff Smith was slated to meet with the CEO,…
La source: NBCDFW - 🏆 288. / 63 Lire la suite »