Ranbaxy shuffles top management to achieve $2 B by 2007

By siliconindia staff writer   |   Friday, 21 January 2005, 08:00 Hrs
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NEW DELHI: Indias top pharma company Ranbaxy Laboratories Ltd today shuffled its top management team to achieve a turnover of two billion dollars in the next two years and 5 billion dollars by 2012. Additionally, seven senior executives of the company have been promoted as Vice Presidents, increasing the top management to 30. The new positions have been created to provide leadership and focus in the critical areas of clinical research, global quality, sales and marketing, legal and secretarial, global corporate communications and public affairs and will be pivotal in achieving the company's growth objective of 2 billion dollars in turnover by 2007 and 5 billion dollars by 2012, Ranbaxy said. ''I am very pleased by the infusion of high calibre talent into our top management team. This group is now 30 strong with 27 Vice Presidents and 3 Executive Directors,'' Ranbaxy CEO and Managing Director Brian Tempest said.

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