Jerusalem Post - Mar 10, 2010Teva Pharmaceutical Industries Ltd. (TEVA)
-
Gilad Sarig
at
Hapoalim Securities"The appointment of Frost as chairman of Teva is good news for shareholders, who will enjoy consecutive management in light of the long acquaintance built on many years between Frost, Hurvitz and Teva," said Gilad Sarig, chemicals and pharmaceuticals analyst at Bank Hapoalim. "The strength of
Teva and one of its main assets is its broad and talented management structure. Therefore, the replacement of the chairman is not expected to have a significant impact on the company's activities.". Last month,
Teva announced that Hurvitz, 78, was taking temporary leave from his duties for health reasons but was expected to return to his post.
Share:
<span class="sent">"The appointment of Frost as chairman of <span class="company">Teva</span> is good news for shareholders, who will enjoy consecutive management in light of the long acquaintance built on many years between Frost, Hurvitz and <span class="company">Teva</span>," said <span class="analyst">Gilad Sarig</span>, chemicals and pharmaceuticals analyst at Bank Hapoalim.</span> "The strength of <span class="company">Teva</span> and one of its main assets is its broad and talented management structure. Therefore, the replacement of the chairman is not expected to have a significant impact on the company's activities.". Last month, <span class="company">Teva</span> announced that Hurvitz, 78, was taking temporary leave from his duties for health reasons but was expected to return to his post.
Tweet this