{"id":29123,"date":"2023-06-22T05:57:59","date_gmt":"2023-06-22T04:57:59","guid":{"rendered":"https:\/\/master-3.corporate.ferring.tech\/?p=29123"},"modified":"2023-06-22T06:14:21","modified_gmt":"2023-06-22T05:14:21","slug":"ferring-pharmaceuticals-appoints-new-executive-chairman-among-key-changes-to-board-of-directors","status":"publish","type":"post","link":"https:\/\/www.ferring.com\/ferring-pharmaceuticals-appoints-new-executive-chairman-among-key-changes-to-board-of-directors\/","title":{"rendered":"Ferring Pharmaceuticals appoints new Executive Chairman among key changes to Board of Directors"},"content":{"rendered":"[spb_boxed_content type=&#8221;coloured&#8221; box_link_target=&#8221;_self&#8221; padding_vertical=&#8221;0&#8243; padding_horizontal=&#8221;0&#8243; width=&#8221;1\/1&#8243; el_position=&#8221;first last&#8221;]\n<h2 style=\"color: #0088ce\">Ad hoc announcement pursuant to Art. 53 LR<br \/>\nFerring Pharmaceuticals appoints new Executive Chairman among key changes to Board of Directors<\/h2>\n[\/spb_boxed_content] [spb_blank_spacer height=&#8221;30px&#8221; width=&#8221;1\/1&#8243; el_position=&#8221;first last&#8221;] [spb_boxed_content type=&#8221;coloured&#8221; box_link_target=&#8221;_self&#8221; padding_vertical=&#8221;0&#8243; padding_horizontal=&#8221;0&#8243; width=&#8221;1\/1&#8243; el_position=&#8221;first last&#8221;]\n<ul>\n<li><em>Jean-Fr\u00e9d\u00e9ric Paulsen appointed Executive Chairman as Ferring enters new phase of growth<\/em><\/li>\n<li><em>Lars Rebien S\u00f8rensen appointed Vice-Chairman of Board of Directors supporting transition to new Executive Chairman<\/em><\/li>\n<li><em>Viviane Monges and Henrik Normann join Board of Directors bringing wealth of experience from financial and healthcare sectors to Ferring<\/em><\/li>\n<\/ul>\n[\/spb_boxed_content] [spb_blank_spacer height=&#8221;30px&#8221; width=&#8221;1\/1&#8243; el_position=&#8221;first last&#8221;] [spb_boxed_content type=&#8221;coloured&#8221; box_link_target=&#8221;_self&#8221; padding_vertical=&#8221;0&#8243; padding_horizontal=&#8221;0&#8243; width=&#8221;1\/1&#8243; el_position=&#8221;first last&#8221;]\n<p><strong>Saint-Prex, Switzerland \u2013<\/strong> <strong>22 June 2023 \u2013<\/strong> Ferring Pharmaceuticals announced today that Jean-Fr\u00e9d\u00e9ric Paulsen has been appointed Executive Chairman of the Ferring Group, as it enters a new phase of growth following the approval of two innovative medicines by the US Food and Drug Administration.<\/p>\n<p>Mr. Paulsen, who joined Ferring\u2019s Board of Directors<sup>1<\/sup> in July 2021, played a leading role in securing the US approval of Adstiladrin<sup>\u00ae <\/sup>(nadofaragene firadnovec-vncg) a first-in-class gene therapy offering a new approach to treating a severe form of BCG-unresponsive non-muscle invasive bladder cancer. Another breakthrough for the company came with the US approval of Rebyota\u2122 (fecal microbiota \u2013 live jslm), the first FDA-approved microbiota-based live biotherapeutic, for the prevention of recurrence of <em>Clostridioides difficile <\/em>infection. Ferring was therefore responsible for two out of the eight biological medicine products approved by the FDA\u2019s Center for Biologics Evaluation and Research in 2022.<sup> 2<\/sup><\/p>\n<p>Mr. Paulsen\u2019s appointment is one of a number of changes to the Board of Directors marking a new phase in Ferring\u2019s growth development. Lars Rebien S\u00f8rensen, who became Executive Chairman in July 2021, will remain on the Board as Vice-Chairman. Mr. Paulsen\u2019s father, Dr. Frederik Paulsen, who held the post of Chairman from 1988 until 2021, continues as Chairman Emeritus of the Ferring Group.<\/p>\n<p>Jean-Fr\u00e9d\u00e9ric Paulsen said:<em> \u201cI am honoured to take over responsibility for the Ferring Group which was founded by my grandfather Dr. Frederik Paulsen and his wife, Eva Paulsen, in 1950, and chaired by my father for more than 30 years. Under their leadership, Ferring has established a global reputation as a leader in reproductive medicine and maternal health, and numerous\u00a0 specialty areas of medicine. I look forward to building on our heritage and strong foundations to lead Ferring into an exciting new era as we establish a pioneering presence in areas such as uro-oncology and the microbiome.\u201d<\/em><\/p>\n<p>Mr. Paulsen has been Chairman of Ferring Ventures SA and FinVector Oy since 2020, and previously served as Senior Advisor to four Ministers of Economy and Sustainable Development in Georgia. He began his career working at Mars Inc., Coca Cola and Credit Suisse. Mr. Paulsen gained a Master\u2019s degree in Finance from the London School of Economics and Political Science, and is a Fellow of the Chartered Institute of Management Accountants in the UK.<\/p>\n<p>In other significant changes to the Board of Directors, Viviane Monges joins the Board and has been appointed as Chair of the Audit and Finance Committee in place of H\u00e9l\u00e8ne Ploix, who has stood down from the Board of Directors. Ms. Monges previously held senior corporate positions in the life sciences and consumer sectors. She was a Chief Financial Officer at Wyeth Pharmaceuticals\/Pfizer, Novartis and Galderma before becoming Vice-President Business Excellence Finance &amp; Control at Nestl\u00e9.<\/p>\n<p>Henrik Normann also joins Ferring\u2019s Board of Directors, having previously been President and CEO of Nordic Investment Bank, the international financial institution of the Nordic and Baltic countries. Mr. Normann spent much of his career at Danske Bank, starting as a management trainee in 1983 and later becoming Head of Danske Bank in Denmark and Global Head of Danske Markets.<\/p>\n<p>At the same time, Jeffrey Hobbs and Alexandra, Countess of Frederiksborg have stood down from the Board of Directors. All changes are effective from 1<sup>st<\/sup> July 2023.<\/p>\n<p>Mr. S\u00f8rensen said: <em>\u201cAs Vice-Chairman of the Board of Directors, I am pleased to support the new Executive Chairman during a period of transition as he takes on greater responsibilities from the Chairman Emeritus. I would like to welcome the new members of the Board of Directors, and to sincerely thank those who have done so much to drive the company\u2019s long-term strategy, helping more people around the world to build families and live better lives.\u201d<\/em><\/p>\n[\/spb_boxed_content] [spb_blank_spacer height=&#8221;30px&#8221; width=&#8221;1\/1&#8243; el_position=&#8221;first last&#8221;] [spb_blank_spacer height=&#8221;30px&#8221; width=&#8221;1\/1&#8243; el_position=&#8221;first last&#8221;] [spb_boxed_content type=&#8221;coloured&#8221; box_link_target=&#8221;_self&#8221; padding_vertical=&#8221;0&#8243; padding_horizontal=&#8221;0&#8243; width=&#8221;1\/1&#8243; el_position=&#8221;first last&#8221;]\n<h3 style=\"color: #0088ce\">About Ferring Pharmaceuticals<\/h3>\n<p>Ferring Pharmaceuticals is a research-driven, specialty biopharmaceutical group committed to helping people around the world build families and live better lives. Headquartered in Saint-Prex, Switzerland, Ferring is a leader in reproductive medicine and maternal health, and in specialty areas within gastroenterology and urology. Ferring has been developing treatments for mothers and babies for over 50 years and has a portfolio covering treatments from conception to birth. Founded in 1950, privately-owned Ferring employs over 7,000 people worldwide. The company has operating subsidiaries in more than 50 countries and markets its products in over 100 countries.<\/p>\n<p>Learn more at <a href=\"http:\/\/www.ferring.com\/\">www.ferring.com<\/a>, or connect with us on <a href=\"https:\/\/twitter.com\/ferring\">Twitter<\/a>, <a href=\"https:\/\/www.facebook.com\/ferringpharmaceuticals\/\">Facebook<\/a>, <a href=\"https:\/\/www.instagram.com\/ferringpharmaceuticals\/\">Instagram<\/a>, <a href=\"https:\/\/www.linkedin.com\/company\/ferring-pharmaceuticals\/\">LinkedIn<\/a> and <a href=\"https:\/\/www.youtube.com\/channel\/UC6Ss0Uwv54xTGmM_EDEzQPA\">YouTube<\/a>.<\/p>\n[\/spb_boxed_content] [spb_blank_spacer height=&#8221;30px&#8221; width=&#8221;1\/1&#8243; el_position=&#8221;first last&#8221;] [spb_blank_spacer height=&#8221;30px&#8221; width=&#8221;1\/1&#8243; el_position=&#8221;first last&#8221;] [spb_boxed_content type=&#8221;coloured&#8221; box_link_target=&#8221;_self&#8221; padding_vertical=&#8221;0&#8243; padding_horizontal=&#8221;0&#8243; width=&#8221;1\/1&#8243; el_position=&#8221;first last&#8221;]\n<h3 style=\"color: #0088ce\">For more information, please contact<\/h3>\n<p><strong>Bhavin Vaid<\/strong><br \/>\n<em>Head of Corporate Communications &amp; Public Affairs<\/em><br \/>\n+41 79 191 0632 (mobile)<br \/>\n<a href=\"mailto:bhavin.vaid@ferring.com\">bhavin.vaid@ferring.com<\/a><\/p>\n<p><strong>Carine Julen<\/strong><br \/>\n<em>Manager, Corporate Communications &amp; Public Affairs<\/em><br \/>\n+41 76 301 0178 (mobile)<br \/>\n<a href=\"mailto:carine.julen@ferring.com\">carine.julen@ferring.com<\/a><\/p>\n[\/spb_boxed_content] [spb_blank_spacer height=&#8221;30px&#8221; width=&#8221;1\/1&#8243; el_position=&#8221;first last&#8221;] [spb_blank_spacer height=&#8221;30px&#8221; width=&#8221;1\/1&#8243; el_position=&#8221;first last&#8221;] [spb_boxed_content type=&#8221;coloured&#8221; box_link_target=&#8221;_self&#8221; padding_vertical=&#8221;0&#8243; padding_horizontal=&#8221;0&#8243; width=&#8221;1\/1&#8243; el_position=&#8221;first last&#8221;]\n<h3 style=\"color: #0088ce\">References<\/h3>\n<ol>\n<li>This refers to the Board of Directors of Ferring Holding SA, the parent company of the Ferring Pharmaceuticals group.<\/li>\n<li>U.S. Food and Drug Administration. 2022 Biological License Application Approvals. Available at: <a href=\"https:\/\/www.fda.gov\/vaccines-blood-biologics\/development-approval-process-cber\/2022-biological-license-application-approvals\">https:\/\/www.fda.gov\/vaccines-blood-biologics\/development-approval-process-cber\/2022-biological-license-application-approvals<\/a>. Last accessed February 24, 2023.<\/li>\n<\/ol>\n[\/spb_boxed_content] [spb_blank_spacer height=&#8221;30px&#8221; width=&#8221;1\/1&#8243; el_position=&#8221;first last&#8221;] [spb_blank_spacer height=&#8221;30px&#8221; width=&#8221;1\/1&#8243; el_position=&#8221;first last&#8221;] [spb_boxed_content type=&#8221;coloured&#8221; box_link_target=&#8221;_self&#8221; padding_vertical=&#8221;0&#8243; padding_horizontal=&#8221;0&#8243; width=&#8221;1\/1&#8243; el_position=&#8221;first last&#8221;]\n<h3 style=\"color: #0088ce\">Media Materials<\/h3>\n<p><strong>Press release translations<\/strong><\/p>\n<ul>\n<li><a href=\"https:\/\/www.ferring.com\/wp-content\/uploads\/sites\/16\/2023\/06\/230622-Ferring-Pharmaceuticals_Board-of-Directors_Press-Release-FR.pdf\" target=\"_blank\" rel=\"noopener\">French<\/a><\/li>\n<li><a href=\"https:\/\/www.ferring.com\/wp-content\/uploads\/sites\/16\/2023\/06\/230622-Ferring-Pharmaceuticals_Board-of-Directors_Press-Release-GER.pdf\" target=\"_blank\" rel=\"noopener\">German<\/a><\/li>\n<\/ul>\n[\/spb_boxed_content] [spb_row element_name=&#8221;Row&#8221; wrap_type=&#8221;content-width&#8221; parallax_image_height=&#8221;content-height&#8221; parallax_image_movement=&#8221;fixed&#8221; parallax_image_speed=&#8221;0.5&#8243; bg_video_loop=&#8221;yes&#8221; parallax_video_height=&#8221;window-height&#8221; parallax_video_overlay=&#8221;none&#8221; row_overlay_opacity=&#8221;0&#8243; row_col_pos=&#8221;default&#8221; minimize_row=&#8221;no&#8221; width=&#8221;1\/1&#8243; el_position=&#8221;first last&#8221;] [spb_blank_spacer height=&#8221;30px&#8221; width=&#8221;1\/1&#8243; el_position=&#8221;first last&#8221;] [spb_button button_text=&#8221;READ MORE PRESS RELEASES&#8221; button_size=&#8221;standard&#8221; button_colour=&#8221;accent&#8221; button_type=&#8221;standard&#8221; rounded=&#8221;no&#8221; button_dropshadow=&#8221;no&#8221; button_link=&#8221;\/media\/press-releases\/&#8221; button_target=&#8221;_self&#8221; align=&#8221;center&#8221; animation=&#8221;none&#8221; animation_delay=&#8221;0&#8243; width=&#8221;1\/1&#8243; el_position=&#8221;first last&#8221;] [\/spb_row]\n","protected":false},"excerpt":{"rendered":"<p>[spb_boxed_content type=&#8221;coloured&#8221; box_link_target=&#8221;_self&#8221; padding_vertical=&#8221;0&#8243; padding_horizontal=&#8221;0&#8243; width=&#8221;1\/1&#8243; el_position=&#8221;first last&#8221;] Ad hoc announcement pursuant to Art. 53 LR Ferring Pharmaceuticals appoints new Executive Chairman among key changes to Board of Directors [\/spb_boxed_content] [spb_blank_spacer height=&#8221;30px&#8221; width=&#8221;1\/1&#8243; el_position=&#8221;first last&#8221;] [spb_boxed_content type=&#8221;coloured&#8221; box_link_target=&#8221;_self&#8221; padding_vertical=&#8221;0&#8243; padding_horizontal=&#8221;0&#8243; width=&#8221;1\/1&#8243; el_position=&#8221;first last&#8221;] Jean-Fr\u00e9d\u00e9ric Paulsen appointed Executive Chairman as Ferring enters new phase of growth Lars Rebien S\u00f8rensen appointed Vice-Chairman [&hellip;]<\/p>\n","protected":false},"author":4746,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1478],"tags":[],"class_list":["post-29123","post","type-post","status-publish","format-standard","hentry","category-press-release-2023"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.3 (Yoast SEO v23.3) - 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