Wednesday, December 22, 2010

More Of Hassan's Retained Schering-Plough "Yes Men" Parachute In To Bausch + Lomb

My Spider-sense is tingling -- that a bust-up, spin-off, or other value destroying transaction will occur -- and that likelihood grows with each of these "Hey! -- we're gettin' the band back together!" announcements. Per Zenopa (a recruiters' portal site), this morning:

. . . .Bausch and Lomb has announced the appointment of Rick Heinick as its new corporate vice-president for global human resources and transformation.

Mr. Heinick takes up the role from January 4, 2011 onwards and will be tasked with helping the medical device company to become a more competitive organisation.

Prior to this, he served as a senior partner with consultancy firm Schaffer, providing advice for a number of leading healthcare companies including CR Bard and Johnson and Johnson, as well as Bausch and Lomb.

He also acted as an advisor to Merck Sharpe and Dohme during its $41 billion (26.5 billion pounds) merger deal with Schering-Plough last year.

Brent Saunders, chief executive officer at Bausch and Lomb, said: "Rick has demonstrated great success in helping drive positive transformations within distinguished companies worldwide."

Last month, the company announced that Charl van Zyl has become corporate vice-president and commercial leader for its Europe, Middle East and Africa operations. . . .

Wow. What sort of train-wreck will the B + L rank-and-file see, as Bumblin' Brent's, and Fast Fred's deal goggles fog over? We'll keep you posted.

No comments: