How The Wheels Came Off For Sanofi's CEO

Chris Viehbacher speaks plainly. "We had somewhat of a mess in Brazil," he told financial analysts in August 2013, "so that's why I decided to change management." Fifteen months later he has gone the same way as the Brazilian employees he sacked so decisively - fired as chief executive of French drugmaker Sanofi at a dawn board meeting, with the "mess in Brazil" cited as one of the reasons. Investors were stunned, having hitherto seen the affable German-Canadian as one of the best in the business, despite some setbacks and a tough few years for the drugs industry worldwide.

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