PFE Jan 2025 17.500 call
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- Yahoo Finance
Pfizer's CEO gains support of ex-execs amid activist investor talks
Pfizer's activist investor loses the support of ex-execs and is slated to meet with the CEO next week.
- Reuters
Starboard seeks probe after former Pfizer execs pull support for its campaign
Former Pfizer CEO Ian Read and ex-CFO Frank D'Amelio, who were reportedly helping the activist investor in its plan to push the company for a turnaround, said late on Wednesday that they would not support Starboard. The hedge fund said it was made aware that the two executives had been contacted by "people within Pfizer", who had threatened to commence litigation against them unless they released a statement supporting Bourla. Pfizer did not immediately respond to a request for comment.
- Investor's Business Daily
Pfizer Skids After Former Execs Flip On Activist Investor, Siding With CEO Albert Bourla
Pfizer stock skidded Thursday after former executives Ian Read and Frank D'Amelio sided with the drugmaker over activist investor Starboard.
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