Henry Fogels, General Director of OOO Oriola Russia, Vice President of Oriola-KD’s Pharmaceutical Wholesale business in Russia and a member of Oriola-KD’s Group Management Team resigned from the company on November 20th, 2013.
Konstantin Minin, General Director of Oriola-KD’s Pharmaceutical Retail business in Russia and a member of Oriola-KD’s Group Management Team, will, in addition to his current duties, serve as an acting General Director of Oriola-KD Russia. Henry Fogels’ successor will be announced during December 2013.
“The performance of our Russian Pharmaceutical Wholesale business has clearly been unsatisfactory. We have initiated measures with the aim of improving the profitability and operational efficiency of our Russian wholesale business. One of the outlined actions is a new General Director. I would like to take the opportunity to thank Henry Fogels for his work at Oriola-KD,” says Eero Hautaniemi, President & CEO of Oriola-KD Corporation.