Lonza Group Ltd Appoints Philippe Deecke as Member of the Executive Committee, Effective 1 December 2021
August 26, 2021 at 06:00 am
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Lonza announced that its Board of Directors has appointed Philippe Deecke as the new Chief Financial Officer (CFO) for Lonza Group. The appointment will be effective from 1 December 2021. Philippe will succeed Rodolfo J. Savitzky as a member of the Lonza Executive Committee. Philippe joins Lonza Group from Novartis, where he has held a succession of senior finance positions. Philippe has worked at Novartis for more than 16 years, and most recently held the role of Global CFO for Novartis Oncology. In this role, he was responsible for the long-term financial performance, planning, controlling, reporting and compliance of a major Novartis business unit.
Lonza Group AG is one of the world leaders of the development, production and marketing of chemical products. Net sales break down by family of products and services as follows:
- bio-pharmaceuticals (52.6%): exclusive syntheses, microbiological fermentation products , mammalian cell cultures, etc.;
- capsules and dosing solutions for biopharmaceuticals, drugs and nutrition products (20.3%). In addition, the group offers nutritional ingredients;
- small molecule drug substances (13.2%);
- technologies and platforms for manufacturing processes and production of cell and gene therapies (11.1%);
- other (2.8%).
Net sales are distributed geographically as follows: Switzerland (16%), Europe (29.8%), the United States (38.8%), the Americas (3%), Japan (3.7%), China (2.6%), Asia (5.8%) and other (0.3%).