Sandoz Group AG announced that François-Xavier Roger announced to pursue a new executive responsibility and therefore to step down from the Sandoz Board of Directors post publication of the financial statements 2023. If elected by the shareholders at the upcoming Annual General Meeting, the Board intends to appoint Graeme Pitkethly as Chair of its Audit, Risk and Compliance Committee. In this role Graeme will succeed François-Xavier Roger, who decided to step down at the end of March 2024 as a member of the Board of Directors as he has accepted a new executive role.

François-Xavier Roger has been a Sandoz Board member and Chair of the Audit, Risk and Compliance Committee since August 2023. His resignation will be effective March 31, 2024, post publication of the Sandoz 2023 financial statements.