Bristol scouts for CFO after Huet goodbye
Bristol-Myers Squibb is on the lookout for a new CFO. Jean-Marc Huet ( photo ), now EVP and chief financial officer, will leave the company at year’s end, to be replaced on an interim basis by Charles Bancroft, most recently VP of Finance for Bristol’s global biopharma business. Huet wants to go home to Europe, the company said in a statement. “[W]e wish him every success,” CEO Jim Cornelius said, citing Huet’s work in “solidifying” the company’s balance sheet and his focus on boosting its cash position to “nearly $10 billion.” Cornelius also praised his interim replacement:
