Pharmaceuticals behemoth Pfizer has said that the company’s Managing Director S Sridhar has resigned from the company. According to the company’s statement, Sridhar has expressed his intention to take early retirement and hence, tendered his resignation.
Sridhar will continue to serve in his current position until a suitable successor is chosen for the role. Sridhar kick-started his Pfizer journey in 2008 and has led a number of key leadership positions, including serving as the Chief Financial Officer for a period of eight years. Over the past six years, he has led Pfizer as Managing Director and made significant contributions to the growth of the company's portfolio and presence across India.
“Sridhar made a significant contribution to the growth of the company’s portfolio, presence across India and reached to patients who have benefited from access to Pfizer therapies,” the company said.
A finance industry veteran with close to three decades of experience, Sridhar is well-versed in leading companies with financial acumen and sharp intellect. Before Pfizer, he was the Finance Director at Diageo, where he expanded their business all over India.
Sridhar will continue to serve as the President of the Organisation of Pharmaceuticals Producers of India (OPPI).