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Former Pfizer CEO, finance chief step back from Starboard's activist campaign

CNBC
Summary
Nutrition label

72% Informative

Former Pfizer CEO Ian Read and ex-CFO Frank D'Amelio say they are "fully supportive" of current CEO Albert Bourla .

Starboard Value has amassed a roughly $1 billion position in the company.

The about face comes as Pfizer 's board grapples with the activist's efforts.

VR Score

80

Informative language

84

Neutral language

38

Article tone

formal

Language

English

Language complexity

51

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

External references

no external sources

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