Brent Saunders to lead Bausch + Lomb in return to CEO slot
Three years after completing Allergan’s $63 billion sale to AbbVie and walking away with a nearly $39 million golden parachute, Brent Saunders is back to lead a public company once again.
Saunders, a prolific dealmaker and a towering figure in biotech, has been appointed the CEO and chairman at Bausch + Lomb, succeeding Joseph Papa.
It would be Saunders’ second time at the helm of the eye care company, which makes everything from ophthalmic drugs to contact lenses. He took the same role in 2010 and, within three years, sold the company to what was then known as Valeant.
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