Loading...
Loading...
Browse all stories on DeepNewz
VisitWhat strategic change will Starboard Value influence at Pfizer by end of 2025?
Increased R&D investment • 25%
New product launches • 25%
Cost-cutting measures • 25%
Other strategic changes • 25%
Official Pfizer reports, industry analyses, and financial performance reviews
Starboard Value Takes $1 Billion Stake in Pfizer, Pushes for Changes - WSJ
Oct 7, 2024, 12:07 AM
Activist investor Starboard Value has taken a roughly $1 billion stake in Pfizer and is pushing for strategic changes to improve the U.S. drug giant's performance. According to sources familiar with the matter, Starboard has approached two former Pfizer executives to assist in its efforts. The Wall Street Journal reported this development on Sunday, highlighting Starboard's intention to turn around Pfizer's struggling performance.
View original story
Cost-cutting measures • 25%
New product focus • 25%
Management restructuring • 25%
Other • 25%
Major restructuring • 25%
New strategic initiatives • 25%
Minor adjustments • 25%
No significant changes • 25%
Increases stake • 25%
Maintains stake • 25%
Reduces stake • 25%
Exits stake • 25%
Starboard gains board seats • 25%
Starboard withdraws campaign • 25%
No significant changes • 25%
Other outcomes • 25%
Albert Bourla steps down • 25%
Starboard gains board seats • 25%
No significant changes • 25%
Other outcomes • 25%
Major acquisition • 25%
Divestiture of a major division • 25%
Significant R&D pivot • 25%
No major changes • 25%
Yes • 50%
No • 50%
Top 1 • 25%
Outside top 10 • 25%
Top 6-10 • 25%
Top 2-5 • 25%