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Bel n Garijo to become Chief Executive Officer of Sanofi Paris

Key Takeaway: Sanofi has appointed Belén Garijo as its new Chief Executive Officer, effective after the Annual General Meeting on April 29, 2026. The decision follows the Board's decision to not renew Paul Hudson's mandate, thanking him for his contributions during his six-year tenure. Garijo, the first woman to lead a DAX40 company, has extensive experience, including 15 years at Sanofi in various leadership roles. She is expected to enhance the company's strategy and governance as it prepares for future growth.

Market Sentiment Analysis

POSITIVE FACTORS

  • Belén Garijo is an experienced leader with a strong reputation in the industry.
  • Her appointment signals a continuation of strategic focus and innovation at Sanofi.
  • Garijo's proven track record in leading significant transformations is promising for Sanofi's future growth.

Full Press Release Details

Bel n Garijo to become Chief Executive Officer of Sanofi
Paris, February 12, 2026. Sanofi's Board of Directors met on February 11, 2026, and decided not to renew the
Director mandate of Paul Hudson. As a result, Paul Hudson's last day as Chief Executive Officer will be on February 17, 2026 at the end of business. The Board thanks him for his valuable contributions to the transformation and development
of the Group over the last six years.
Following the proposal of the Appointments Committee, the Board of Directors appointed Bel n Garijo
as Chief Executive Officer. She will take up her duties at the end of the Group's Annual General Meeting on April 29, 2026. The Board will also propose to the shareholder vote the candidacy of Bel n Garijo as a director of the
Olivier Charmeil, Executive Vice President, General Medicines, and member of the
Executive Committee since 2011, will assume the role of Interim Chief Executive Officer during this transition.
Bel n Garijo will bring
an increased rigor to the implementation of Sanofi's strategy and accelerate the preparation of the Group's future. Her priority will be to strengthen the productivity, governance, and innovation capacity of Research &
Bel n Garijo, MD, joined Merck KGaA in 2011 and became its Chief Executive Officer in 2021, becoming the first woman to lead
a DAX40 company in Germany. She is a Spanish national who worked in a hospital for six years, before embarking on a brilliant career in the pharmaceutical industry, first in the Research and Development department of Abbott, then for 15 years at
Sanofi. She was Vice President of Pharmaceutical Operations for Europe and Canada and a member of Sanofi's Executive Committee.
operated in many European countries and the US, where she led the integration of Genzyme during its acquisition. A strategic leader recognized beyond the pharmaceutical industry, she is a member of the Board of Directors of BBVA and was a member of
the Board of Directors of L'Or al for 10 years.
Oud a, Chairman of the Board of Directors, said: "Sanofi's Board of Directors thanks Paul Hudson for his work and the strategic initiatives he has launched during his tenure. The
Board is pleased to welcome Bel n Garijo as Chief Executive Officer. She is a well-recognized leader in our industry with an undisputable reputation. She knows the Sanofi Group very well, where she has held important positions and achieved
many successes for 15 years. She has the experience and profile to accelerate the pace, strengthen the quality of execution of strategy and lead the next growth cycle of the company, which is essential to build the Group's future. In a
rapidly changing pharmaceutical industry, we place Sanofi in experienced hands and Bel n Garijo's brilliant international career attests to her strategic vision and her ability to drive profound and value-creating transformations with a
culture of rigor to serve the best interests of patients."
(*) The appointment of Bel n Garijo as a director, as well as
the amendment of the articles of association to raise the age limit of the Chief Executive Officer upon appointment, necessary for this election, will be proposed to the vote of the shareholders at the General Meeting of April 29, 2026.
Sanofi is an R&D driven, AI-powered biopharma company committed to improving people's lives and
delivering compelling growth. We apply our deep understanding of the immune system to invent medicines and vaccines that treat and protect millions of people around the world, with an innovative pipeline that could benefit millions more. Our team is
guided by one purpose: we chase the miracles of science to improve people's lives; this inspires us to drive progress and deliver positive impact for our people and the communities we serve, by addressing the most urgent healthcare,
environmental, and societal challenges of our time. Sanofi is listed on EURONEXT: SAN and NASDAQ: SNY
Sandrine Guendoul | +33 6 25 09 14 25 |
Evan Berland | +1 215
Bourhis | +33 6 75 06 43 81 | leo.lebourhis@sanofi.com
Victor Rouault | +1 617 356 4751 | victor.rouault@sanofi.com
Timothy Gilbert | +1 516 521 2929 | timothy.gilbert@sanofi.com
L a Ubaldi | +33 6 30 19 66 46
Ekaterina Pesheva | +1
Kudsk Larsen | +44 7545 513 693 | thomas.larsen@sanofi.com
Aliz Kaisserian | +33 6 47 04 12 11 | alize.kaisserian@sanofi.com
Keita Browne | +1 781 249 1766 | keita.browne@sanofi.com
Nathalie Pham | +33 7 85 93 30 17 | nathalie.pham@sanofi.com
Nina Goworek | +1 908 569 7086 |
Ch telet | +33 6 80 80 89 90 |
Li | +33 6 84 00 90 72 | yun.li3@sanofi.com
All trademarks mentioned in this press release are the property of the Sanofi group.
Sanofi Forward Looking Statement
contains forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995, as amended. Forward-looking statements are statements that are not historical facts. These statements include projections and estimates and their
underlying assumptions, statements regarding plans, objectives, intentions, and expectations with respect to future financial results, events, operations, services, product development and potential, and statements regarding future performance.
Forward-looking statements are generally identified by the words "expects", "anticipates", "believes", "intends", "estimates", "plans" and similar expressions. Although
Sanofi's management believes that the expectations reflected in such forward-looking statements are reasonable, investors are cautioned that forward-looking information and statements are subject to various risks and uncertainties, many of
which are difficult to predict and generally beyond the control of Sanofi, that could cause actual results and developments to differ materially from those expressed in, or implied or projected by, the forward-looking information and statements.
These risks and uncertainties include among other things, the uncertainties inherent in research and development, future clinical data and analysis, including post marketing, decisions by regulatory authorities, such as the FDA or the EMA, regarding
whether and when to approve any drug, device or biological application that may be filed for any such product candidates as well as their decisions regarding labelling and other matters that could affect the availability or commercial potential of
such product candidates, the fact that product candidates if approved may not be commercially successful, the future approval and commercial success of therapeutic alternatives, Sanofi's ability to benefit from external growth opportunities,
to complete related transactions and/or obtain regulatory clearances, risks associated with intellectual property and any related pending or future litigation and the ultimate outcome of such litigation, trends in exchange rates and prevailing
interest rates, volatile economic and market conditions, cost containment initiatives and subsequent changes thereto, and the impact that global crises may have on us, our customers, suppliers, vendors, and other business partners, and the financial
condition of any one of them, as well as on our employees and on the global economy as a whole. The risks and uncertainties also include the uncertainties discussed or identified in the public filings with the SEC and the AMF made by Sanofi,
including those listed under "Risk Factors" and "Cautionary Statement Regarding Forward-Looking Statements" in Sanofi's annual report on Form 20-F for the year ended
December 31, 2024. Other than as required by applicable law, Sanofi does not undertake any obligation to update or revise any forward-looking information or statements.

Frequently Asked Questions

Who will replace Paul Hudson as CEO of Sanofi?

Bel n Garijo has been appointed as the new Chief Executive Officer.

When will Bel n Garijo officially start her role?

She will begin her role after the Annual General Meeting on April 29, 2026.

Who is serving as Interim CEO during the transition?

Olivier Charmeil will assume the role of Interim Chief Executive Officer.

What was Paul Hudson's contribution to Sanofi?

The Board thanked him for his significant contributions over six years.

What is a priority for Bel n Garijo in her new position?

Her focus will be on enhancing governance, productivity, and innovation at Sanofi.

Last updated: Feb 12, 2026