Andrew Witty
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Andrew Witty is the CEO and Director of pharmaceutical company Glaxo Smith Kline and was paid £2.03 million in 2010. [1] He is also a board member of the Pharmaceutical Research and Manufacturers of America (PhRMA). Both Glaxo Smith Kline and PhRMA are represented on the American Legislative Exchange Council (ALEC). "He is an advisor to 8VC and Hatteras Venture Partners, as well as to the Bill and Melinda Gates Foundation and a Non-Executive Director of G1 Therapeutics." [1]
- President, UnitedHealth Group
- Chief Executive Officer, Optum
Contents
Ties to American Legislative Exchange Council
Glaxo Smith Kline and PhRMA are represented on the Corporate ("Private Enterprise") Board of the American Legislative Exchange Council (ALEC), as of 2011. [2]
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ALEC is a corporate bill mill. It is not just a lobby or a front group; it is much more powerful than that. Through ALEC, corporations hand state legislators their wishlists to benefit their bottom line. Corporations fund almost all of ALEC's operations. They pay for a seat on ALEC task forces where corporate lobbyists and special interest reps vote with elected officials to approve “model” bills. Learn more at the Center for Media and Democracy's ALECexposed.org, and check out breaking news on our ExposedbyCMD.org site.
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Background
Before becoming CEO in 2008, Witty was the President of Pharmaceuticals Europe.[3]
Pharmaceuticals Europe
GlaxoSmithKline (GSK) is an international pharmaceutical giant headquartered in Britain. Various entities, including Burroughs Wellcome & Company, Smith-Kline & French Laboratories and Glaxo Laboratories merged to form GSK. [4] GSK is one of the top five drug firms in the world.
GSK
In the fiscal year ending in December of 2010, the company earned a total revenues of approximately $28.4 billion dollars and employed 99,913 workers. [5] Its CEO, Andrew Witty, made an annual compensation of $2.3 GB in 2010.
Articles and resources
Related SourceWatch articles
References
- ↑ Andrew Witty profile Forbes.com, accessed July 7, 2011.
- ↑ Private Enterprise Board, ALEC website, accessed July 7, 2011.
- ↑ Corporate Executive Team,"GSK.com"
- ↑ Our History, GlaxoSmithKline, accessed February 2009
- ↑ GlaxoSmithKline Financials,"Bloomberg BusinessWeek"
External resources
External articles
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