Plan B Pill Maker Replaces CEO After 25 Years
- Richter names Gabor Orban CEO to focus on product portfolio
- Outgoing CEO Erik Bogsch to remain chairman of the board
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Gedeon Richter Nyrt., the largest maker of contraceptives in Europe, appointed Gabor Orban as Chief Executive Officer, ending Erik Bogsch’s 25-year term at the helm of the company.
Orban, a former fund manager and government official who’s served as Bogsch’s deputy since 2016 and isn’t related to Hungary’s prime minister, will assume the role as of Nov. 1, according to a company statement published on the Budapest Stock Exchange’s website. Bogsch asked to be relieved of his duties as chief executive and will remain Chairman of the Board of Directors overseeing commercial, international and government relations, according to the statement.