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Top Vivus holder proposes ex AstraZeneca exec as CEO

Started by riky, July 03, 2013, 09:00:21 AM

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riky

Top Vivus holder proposes ex AstraZeneca exec as CEO

By Bill Berkrot NEW YORK (Reuters) - Vivus Inc's largest shareholder on Tuesday took the unusual step of naming the man it would install as the drugmaker's chief executive should it prevail in its battle to gain control of the board of directors this month. First Manhattan Co (FMC), which owns 9.9 percent of Vivus shares and has proposed a full slate of nine directors in a proxy fight, said former AstraZeneca Plc senior executive Anthony Zook was the right man to replace longtime Vivus CEO Leland Wilson. ...

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