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April 30, 2008, London, UK - GlaxoSmithKline, one of the world's leading research-based pharmaceutical and healthcare companies, announced a number of changes to its Corporate Executive management team.
"Emerging markets, such as Brazil, Russia, India, China and the Middle East, are already contributing close to 25% of today's market growth and are forecast to grow even faster in the future. I am therefore creating a new Emerging Markets region", said Mr. Witty. A new Asia Pacific region will also be created, which includes Japan and Australia. As part of the changes to business regions, GSK has also realigned markets in North America (combining the US, Canadian and Puerto Rican businesses) and has established new operational areas in Europe to maximize their potential and opportunities for growth.
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