Thursday, May 24, 2007

Quote of the day: Why did Pfizer and other drug company CFO's leave?

Four drug company CFO's have recently resigned. WSJ asked "Is this a coincidence or is something bigger going on?"

Chris Langhoff, a CFO recruiter at Russell Reynolds Associates:

"The CFO is going to take a bullet if somebody does something deep down in the bowels of the organization that’s not right — anything that involves financing, anything that involves accounting and reporting."

Source: WSJ Health Blog.

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