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Jean-Paul Kress to join Sanofi s Board of Directors Paris

Key Takeaway: Sanofi has announced the appointment of Jean-Paul Kress as an independent director on its Board of Directors, effective January 1, 2025. Kress replaces Gilles Schnepp, who will step down at the end of 2024. With a robust background in pharmaceutical leadership, particularly in cancer and autoimmune disease treatment, Kress is anticipated to bring valuable insights to Sanofi's strategic direction. His term will be confirmed at the upcoming Ordinary Shareholders Meeting.
Price reaction · baseline $47.01 (2024-12-18 close) · hit after-hours · clean, no other SNY news in the window
day 0 close · peak
+1%

Market Sentiment Analysis

POSITIVE FACTORS

  • Jean-Paul Kress brings over 30 years of experience in the pharmaceutical sector.
  • His appointment is expected to enhance Sanofi's strategic evolution in the biopharmaceutical field.
  • His past leadership roles in successful companies demonstrate a strong background in cancer and auto-immune treatments.

BiopharmaWatch Analysis

From our catalyst data and publicly available data · not financial advice
Best trade, last catalyst
+11%
120-day peak, hindsight
Typical move
1.8%
average across 15 past catalysts
Lead asset
teplizumab/mL
Phase 2 · Diabetes Mellitus, Type 1

Full Press Release Details

Jean-Paul Kress to join Sanofi s Board of Directors
Paris, December 19, 2024. Sanofi s Board of Directors is pleased to welcome Jean-Paul Kress as an independent director
as of January 1, 2025, replacing Gilles Schnepp who has decided to leave the Board at the end of 2024. Jean-Paul Kress will hold his position for the remainder of Gilles Schnepp s term of office and his appointment will be subject to
ratification at the next Ordinary Shareholders Meeting of Sanofi.
Jean-Paul Kress, M.D., served as the CEO of MorphoSys from 2019
until it was acquired by Novartis in 2024. He led the company in its mission More life for people with cancer and has spearheaded its transformation into a global biopharmaceutical company developing and commercializing novel
cancer medicines. Prior to this, Jean-Paul Kress was the CEO of Syntimmune, where he sharpened the company s focus on late-stage clinical development in auto-immune diseases until the company s acquisition by Alexion. He has also held
several senior leadership roles at other pharmaceutical companies in the US and in Europe. Jean-Paul Kress served as Chairman of the Board of Directors at ERYTECH Pharma and was a member of Sarepta Therapeutics Board of Directors. He received
his M.D. from Facult Necker-Enfants Malades in Paris and Master of Sciences in molecular and cellular pharmacology from Ecole normale sup rieure (Ulm) in Paris.
Chairman of the Board of Directors
I extend my heartfelt gratitude to Gilles Schnepp for his unwavering dedication to the Board, and
particularly his pivotal contribution to the evolution of the company s governance in 2023. The Board is delighted to welcome Jean-Paul Kress as its newest director. With over 30 years of diverse executive experience in the pharmaceutical
sector, spanning large corporations and biotech firms, Jean-Paul brings exceptional global expertise to the Board. His insights will be invaluable in guiding the company s ongoing strategic evolution in the biopharmaceutical field.
Regarding the organization of the Board Committees, Patrick Kron will take over as Chairman of the Appointments, Governance and CSR Committee
and Jean-Paul Kress will join the Strategy Committee and the Scientific Committee.
We are an innovative global healthcare company, driven by one purpose: we chase the miracles of science to improve people s lives.
Our team, across the world, is dedicated to transforming the practice of medicine by working to turn the impossible into the possible. We provide potentially life-changing treatment options and life-saving vaccine protection to millions of people
globally, while putting sustainability and social responsibility at the center of our ambitions.
Sanofi is listed on EURONEXT: SAN and NASDAQ: SNY

Frequently Asked Questions

Who is Jean-Paul Kress?

Jean-Paul Kress is the new independent director of Sanofi, effective January 1, 2025.

What position did Jean-Paul Kress hold before Sanofi?

He served as CEO of MorphoSys until its acquisition by Novartis in 2024.

What will Jean-Paul Kress's role be on the board?

He will join the Strategy Committee and the Scientific Committee at Sanofi.

Who is Jean-Paul Kress replacing on the board?

He is replacing Gilles Schnepp, who is leaving the Board at the end of 2024.

What is Sanofi's primary goal?

Sanofi aims to improve lives by transforming medical practices and providing treatments.

Last updated: Dec 19, 2024