Somebody, PLEASE help Schering-Plough
Susan Ellen Wolf, Corporate Secretary, Vice President Governance and Associate General Counsel of Schering-Plough has been posting messages on numerous pharma blogs (Pharmalot, WSJ, Forbes) after Forbes raised the question if Hassan should return some of the money he made a SP.
Here are a few of her statements:
Fred Hassan has a distinguished track record as a CEO who is virtually synonymous with integrity. We see this in his actions every day.
Fred Hassan also has a proven track record as a CEO who has taken a series of some of the biggest challenges in the world of business and turned them around to the benefit of patients, shareowners and society.
We are proud to have Fred Hassan as our CEO.
Seriously, doesn't anyone at Schering-Plough realize how bad this looks?
Does anyone at Schering truly believe that this will make the company look better or help Mr. Hassan?
It's like the mother, who's son was just convicted for a crime, stating "he's really a good boy"!
Ms. Wolf is completely dependent upon Mr. Hassan for her survival and job. She can be expected to say exactly what her master tells her to say.
She is essentially a puppet--for Mr. Hassan and what he wants to communicate.
The only conclusion is that Mr. Hassan is very worried that people will ask him to return some of the money he took from Schering-Plough.