David Stark of Teva.
David Stark, executive vice president and chief legal officer of financially strapped Teva Pharmaceutical Industries, based in Teva's U.S. headquarters in Parsippany, New Jersey, had to cut his legal staff by 40 percent since 2017 as part of cost-cutting at the Israel-based company. "It was super difficult and hard on morale.” He also plans reductions in outside legal spending.
November 12, 2018 at 05:07 PM
1 minute read
senior reporter
The original version of this story was published on Corporate Counsel
David Stark, executive vice president and chief legal officer of financially strapped Teva Pharmaceutical Industries, said he feels like he can breathe easier for the first time in years thanks to a new CEO who is working to bring stability to the company.
Stark has been with Israel-based Teva, the world’s largest generic drug manufacturer, since 2002. “And it’s been a fairly wild ride,” he said in a recent interview with Corporate Counsel.
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