Novartis AG's Chief Ethics and Compliance Officer Retires

Novartis AG's chief ethics and compliance officer, Eric Cornut, is retiring from his role, according to a company spokesman.

Mr. Cornut—who reported directly to Chief Executive Joe Jimenez—had been in the post since August 2014, when Novartis created the position to raise the compliance function to the highest levels of the company. He will stay on as a special adviser on government affairs to Mr. Jimenez, the spokesman said.

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