Vivus Needs New CEO After Just One Month

by William White | September 3, 2013 10:10 am

Vivus185 Vivus Needs New CEO After Just One Month[1]Vivus (VVUS[2]), announced on Tuesday[3], that Seth H. Z. Fischer will be the company’s new CEO starting today.

Fischer is taking over the role of CEO from Anthony P. Zook, who resigned from being Vivus’ CEO today. Zook left due to a medical condition that didn’t allow him to focus on the company. He became the CEO of Vivus on July 22 after former CEO Leland Wilson was removed from the position, reports Bloomberg.

“VIVUS is keeping Tony in its thoughts and we wish him a rapid recovery,” Michael Astrue, chairman of VIVUS, told The Wall Street Journal[4]. ”We are grateful for his contributions and his willingness to work with Seth through mid-September 2013 to assist with the transition.”

Fischer was previously the company group chairman of Johnson & Johnson (JNJ[5]) before he retired in 2012. He has also served as the worldwide franchise chairman of Cordis and as Johnson & Johnson’s company group chairman of North America Pharmaceuticals, reports Bloomberg.

Endnotes:
  1. [Image]: http://investorplace.com/wp-content/uploads/2012/11/Vivus185.jpg
  2. VVUS: http://studio-5.financialcontent.com/investplace/quote?Symbol=VVUS
  3. announced on Tuesday: http://www.bloomberg.com/news/2013-09-03/vivus-names-fischer-ceo-as-zook-resigns-for-health-reasons.html
  4. The Wall Street Journal: http://online.wsj.com/article/PR-CO-20130903-904023.html
  5. JNJ: http://studio-5.financialcontent.com/investplace/quote?Symbol=JNJ

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