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The other CEO announcement on Monday wasn’t quite as exciting
The other big CEO announcement on Monday barely generated a ripple.
Pfizer, one of the largest companies in the world and a Dow Jones Industrial Average component, announced Monday that its longtime chief executive, Ian Read, will step down at the end of the year. Albert Bourla, longtime chief operating officer, will assume the top job on Jan. 1, while Mr. Read will become executive chairman on the drug company’s board of directors.