Andrew Witty

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Sir Andrew Witty
Andrew Witty wearing a suit
Andrew Witty on 16 September 2010 in Washington, D.C.
Born August 22, 1964(1964-08-22)
Occupation CEO, GlaxoSmithKline
Salary GB£948,000[1]
Spouse Caroline M. Witty (née Hall)
Children 2 [2]

Sir Andrew Philip Witty (born 22 August 1964[2]) is the CEO of GlaxoSmithKline.

Contents

Early life

Witty attended Malbank School (originally the "Nantwich and Acton Grammar School") in Nantwich, and then gained a BA in Economics from the University of Nottingham.[2][3]

Career

Witty joined Glaxo UK in 1985 as a management trainee.[4] He held various positions in the UK, including Director of Pharmacy & Distribution in Glaxo Pharmaceuticals UK,[5] Director of Business Development of Biocompatibles Limited and International Product Manager of Glaxo Holdings PLC. He served as Managing Director of Glaxo South Africa and Area Director of South and East Africa.

He served as a Vice President and General Manager of Marketing of Glaxo Wellcome Inc., a subsidiary of GlaxoSmithKline with responsibility for strategy development, marketing execution and new product positioning. He served as an economic adviser to the Governor of Guangzhou, China from 2000-02.[6]

He was appointed President, Pharmaceuticals Europe of GlaxoSmithKline plc in January 2003[6] and succeeded Dr. Jean-Pierre Garnier as CEO following his retirement in May 2008. He is paid an annual salary of GB£948,000 and receives bonuses and other compensation amounting to GB£2,180,000 for this role.[1][7]

In February 2009 he pledged to make a major change in the way GSK pharmaceuticals are priced in an attempt to make vital drugs more affordable in countries with the lowest incomes. At the same time he announced that GSK would place certain patents in a pool so that they were freely available for others in the search for new drugs.[8]

Public bodies

Witty serves as a Director of Singapore Economic Development Board, and on the Imperial College Commercialisation Advisory Board. He is a member of the INSEAD UK Council, Health Innovation Council in the UK and a Director of the Office for Strategic Coordination of Health Research. He is also a member of the Economic Development Board audit committee as well as a board member of the Singapore Land Authority Board.[6]

Knighthood

Witty was knighted in the 2012 New Year Honours for services to the economy and the UK pharmaceutical industry.[9]

Personal life

Witty is a noted marathon runner, and ran the London Marathon in 2008.[10][11]

He lives in Buckinghamshire with his wife, Caroline, and two children.[12]

References

  1. ^ a b "Andrew Witty Profile at Forbes.com". Forbes. 2009. http://people.forbes.com/profile/andrew-witty/37081. Retrieved 2010-12-11. 
  2. ^ a b c Davidson, Andrew (2009-07-26). "The Andrew Davidson Interview: Andrew Witty". The Sunday Times. http://business.timesonline.co.uk/tol/business/industry_sectors/health/article6727614.ece. Retrieved 2010-12-11. 
  3. ^ Pagnamenta, Robin (2008-01-12). "Business big shot: Andrew Witty". The Times. http://business.timesonline.co.uk/tol/business/movers_and_shakers/article3174802.ece. Retrieved 2010-12-11. 
  4. ^ "Andrew Witty's journey from Graduate to GSK CEO". GlaxoSmithKline. 2008-08-12. http://www.youtube.com/watch?v=FHkj9dJ6aNE. Retrieved 2010-12-11. 
  5. ^ "Andrew Witty profile". GlaxoSmithKline. 2010-01-15. http://www.gsk.com/about/bio-witty-cet.htm. Retrieved 2010-12-11. 
  6. ^ a b c "GlaxoSmithKline appoints Andrew Witty CEO designate". GlaxoSmithKline. 2007-10-08. http://www.gsk.com/media/pressreleases/2007/2007_10_08_GSK1128.htm. Retrieved 2010-12-11. 
  7. ^ "Andrew Witty: Executive Profile & Biography at BusinessWeek". BusinessWeek. http://investing.businessweek.com/research/stocks/people/person.asp?personId=3027345&ticker=GSK:US. Retrieved 2010-12-11. 
  8. ^ Boseley, Sarah (2009-02-13). "Drug giant GlaxoSmithKline pledges cheap medicine for world's poor". The Guardian. http://www.guardian.co.uk/business/2009/feb/13/glaxo-smith-kline-cheap-medicine. Retrieved 2010-12-11. 
  9. ^ London Gazette: (Supplement) no. 60009. p. 2. 31 December 2011.
  10. ^ "Flora London Marathon - Andrew Witty's Fundraising Page". JustGiving. http://original.justgiving.com/andrewwitty. Retrieved 2010-12-11. 
  11. ^ Peston, Robert (2008-08-30). "Leading Questions: Andrew Witty" (Flash video, 21m30s). BBC News. http://news.bbc.co.uk/1/hi/business/7586090.stm. Retrieved 2010-12-11. 
  12. ^ Lyall, Ian (2008-10-23). "City interview: Glaxo's Andrew Witty". This is Money. http://www.thisismoney.co.uk/markets/article.html?in_article_id=455995. Retrieved 2010-12-11. 

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