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Joseph C. Papa (born 1955/56) is an American businessman, the chairman and chief executive officer (CEO) of Bausch Health (formerly known as Valeant Pharmaceuticals) from May 2, 2016 succeeding J. Michael Pearson.[2]

Joseph C. Papa
Born1955/1956 (age 63–64)[1]
Connecticut, US
ResidenceNew Jersey, US
NationalityAmerican
Alma materUniversity of Connecticut
Northwestern University
SalaryUS$62.7 million (8 months in 2016)
TitleChairman and CEO, Bausch Health
TermMay 2016-
PredecessorJ. Michael Pearson
Board member ofBausch Health, Smith & Nephew
Spouse(s)Married

Contents

Early lifeEdit

Papa received a bachelor's degree in Pharmacy from the University of Connecticut in 1978, and an MBA degree in Marketing and Finance from Northwestern University's Kellogg Graduate School of Management in 1983.[1][3]

CareerEdit

Prior to joining Valeant, Papa was the chairman and CEO of Perrigo, an American manufacturer of private label over-the-counter pharmaceuticals, from 2006 to 2016.[4] From December 2004 to October 2006, Papa was chairman and CEO of the pharmaceutical and technologies services of Cardinal Health, an Ohio health care services company. From 2001 to 2004, he was president and chief operating officer of Watson Pharmaceuticals, Inc. He has also worked at Novartis and Pharmacia/Searle, where he launched the medications Celebrex, Diovan, and Lotrel.[5]

In March 2017, it was reported that Papa received US$62.7 million in total compensation for his first eight months of work in 2016.[6]

Personal lifeEdit

As of May 2015, Papa had been married for 32 years.[7]

ReferencesEdit

  1. ^ a b Joseph C. Papa. "Joseph C. Papa: Executive Profile & Biography - Businessweek". Bloomberg.com. Retrieved April 29, 2016.
  2. ^ Steele, Anne (April 25, 2016). "Valeant Names Joseph Papa as New CEO". WSJ. Retrieved April 29, 2016.
  3. ^ "#161 Joseph C Papa". Forbes. Retrieved May 10, 2016.
  4. ^ "Valeant new ceo pay package - Business Insider". Uk.businessinsider.com. March 31, 2016. Retrieved April 29, 2016.
  5. ^ "Valeant Names Joseph C. Papa To Be Chairman And Chief Executive Officer Of Valeant Pharmaceuticals". ir.valeant.com/. Valeant Pharmaceuticals International, Inc. April 25, 2016. Retrieved May 10, 2016.
  6. ^ "Valeant paid CEO Joe Papa US$63M in compensation for eight months of work — but mostly in company stock | Financial Post". Business.financialpost.com. Retrieved June 19, 2017.
  7. ^ "Perrigo's Joe Papa says shareholders, Allegan truly different". mlive.com. Retrieved October 3, 2018.