People on the Move
Algeta ASA
The Bayer Group has completed its $2.9bn takeover of Norwegian pharmaceutical company Algeta ASA and promoted Algeta’s Executive VP and Chief Operating Officer Thomas Ramdahl to Managing Director, replacing CEO Andrew Kay.
Ramdahl was the company’s CEO between 2001 and 2009. In his new role he will report to Oliver Rittgen, CEO,Bayer Nordic.