June 1 (Reuters) – West Pharmaceutical said on Monday it appointed former Thermo Fisher Scientific executive Michel Lagarde as its top boss, effective August 31, succeeding longtime chief Eric Green. • Green, who has led the medical equipment maker since 2015 and became board chair in 2022, had said in March he would step down […]
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West Pharma names former Thermo Fisher executive Lagarde as CEO
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June 1 (Reuters) – West Pharmaceutical said on Monday it appointed former Thermo Fisher Scientific executive Michel Lagarde as its top boss, effective August 31, succeeding longtime chief Eric Green.
• Green, who has led the medical equipment maker since 2015 and became board chair in 2022, had said in March he would step down once a successor was found.
• Lagarde most recently served as chief operating officer at Thermo, with responsibility for the majority of the company’s businesses.
• He joined Thermo Fisher in 2017 through its acquisition of Patheon, where he had served as president and chief operating officer.
• Lagarde will also join West Pharma’s board, while lead independent director Robert Friel will become board chair as part of the transition.
• “We think Michel Lagarde checks all of the boxes in terms of qualifications that WST was looking for in a new leader with flying colors,” Evercore ISI analyst Daniel Markowitz said.
• West Pharma said last month it had restored operations across its sites after a cybersecurity attack and expects the incident to have no material impact on its 2026 financial outlook.
(Reporting by Kunal Das in Bengaluru; Editing by Shreya Biswas)