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Teva Announces Changes to Executive Leadership Team



  Teva Announces Changes to Executive Leadership Team

  * Allan Oberman Named President and CEO Teva Americas Generics
  * Jill DeSimone joins Teva as SVP and GM of Teva Global Women’s Health
  * William S. Marth to Retire as President & CEO of Teva Americas

Business Wire

JERUSALEM -- November 05, 2012

Teva Pharmaceutical Industries Ltd. (NYSE: TEVA) today announced management
changes to its executive leadership team.

Mr. Allan Oberman, Senior Vice President of North America Generic
Pharmaceuticals of Teva, has been appointed President and Chief Executive
Officer of Teva Americas Generics as part of an orderly management succession.
In his new role, Mr. Oberman will report directly to Dr. Jeremy Levin,
President and Chief Executive Officer of Teva, and have continued
responsibility for North America Generics as well as overall management of
Teva’s Latin American businesses.

The Company also announced the appointment of Ms. Jill DeSimone to the newly
created position of Senior Vice President and General Manager of Teva Global
Women’s Health, overseeing all aspects of Teva's Women's Health franchise.

“These changes are part of our ongoing process to build a premier leadership
team and reshape Teva,” stated Dr. Jeremy Levin, President and CEO of Teva.
“Allan brings extensive experience in global generics to the Company’s
Americas teams. Jill brings a great track record and many years of experience
in building franchises in specialty medicine. We look forward to her
contributions in leading our Women’s Health business. These changes underlie
our commitment to build, in a disciplined fashion, a world class business and
provide much needed medicines to patients around the world."

Teva also announced today that as part of the succession, Mr. William S. Marth
will step down as President and CEO of Teva Americas effective immediately and
retire at the end of 2013. Mr. Marth will serve as a senior advisor to Dr.
Levin until his retirement.

“We greatly appreciate the contributions that Bill has made to Teva over the
years, most recently leading the Teva businesses in the Americas. During this
time, the Company experienced significant growth. We thank him for his
tremendous service to the Company and look forward to working with him over
the next year in his new capacity as a core advisor.” stated Dr. Levin.

About Allan Oberman

Allan Oberman has served as Senior Vice President of North America Generic
Pharmaceuticals since earlier this year. Allan first joined Teva in 2000 and
has served as President of Teva EMIA (Eastern Europe, Middle East, Israel and
Africa), where he led a diverse group of countries in achieving consistent
sales growth – more than double the market growth. Allan also served as the
Chief Operating Officer of the Teva International Group and prior to that, as
President and CEO of Teva Canada. Previously, Allan was the President of Best
Foods Canada Inc. Allan also served as Chairman of the Canadian Generic
Pharmaceutical Association (CGPA) in 2007 – 2008. Allan holds an MBA from the
Schulich School of Business – York University and a BA from the University of
Western Ontario.

About Jill DeSimone

Jill DeSimone has many years of experience, joining Teva from Bristol-Myers
Squibb (BMS), where she has held various global leadership positions, most as
Senior Vice President, U.S. Commercialization Excellence. Jill also held
previous roles in BMS’ U.S. Oncology and Virology business units, where she
was highly successful in developing important franchises. Jill is a Wharton
Graduate Fellow, having completed an Executive Fellowship at the Wharton
School of Business. She also holds a BS in Pharmacy from Northeastern
University. Jill serves on the Board of Directors for the Children’s Health
Fund (NY) and Aids United Washington (DC).

About Teva

Teva Pharmaceutical Industries Ltd. (NYSE: TEVA) is a leading global
pharmaceutical company, committed to increasing access to high-quality
healthcare by developing, producing and marketing affordable generic drugs as
well as innovative and specialty pharmaceuticals and active pharmaceutical
ingredients. Headquartered in Israel, Teva is the world's leading generic drug
maker, with a global product portfolio of more than 1,300 molecules and a
direct presence in about 60 countries. Teva's branded businesses focus on CNS,
oncology, pain, respiratory and women's health therapeutic areas as well as
biologics. Teva currently employs approximately 46,000 people around the world
and reached $18.3 billion in net revenues in 2011.

Contact:

IR:
Kevin C. Mannix
United States
215-591-8912
Joseph Marczely
United States
267-468-4281
Tomer Amitai
Israel
972 (3) 926-7656
or
PR:
Hadar Vismunski-Weinberg
Israel
972 (3) 926-7687
Denise Bradley
United States
215-591-8974
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