AstaZeneca proposes boardroom shake-up as Chairman retires

Biopharmaceuticals giant AstraZeneca has announced that its Chairman of eight years, Louis Schweitzer, intends to retire at the start of September.

Biopharmaceuticals giant AstraZeneca has announced that its Chairman of eight years, Louis Schweitzer, intends to retire at the start of September.

The firm said that Lief Johansson, currently Chairman of telecoms group LM Ericsson and former Chief Executive Officer (CEO) of AB Volvo, will be proposed to shareholders for election as a non-executive director, and is thought to takeover from Schweitzer as Chairman when he leaves.

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