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Former Novartis CEO Vasella to leave Switzerland for the U.S.

by Jeffrey Clark on March 11, 2013

Facing increasing scrutiny in Switzerland over his lavish pay packages as former Chairman of Novartis, Dan Vasella is leaving his hometown near Zug and relocating to the United States.

Update (03/12) - Swiss authorities announce they are investigating criminal complaints filed in Basel related to Vasella’s ‘golden parachute’.  The payment came to light after details were leaked to the press, leading to a public outcry locally and prompting Vasella to give up the money.

 

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