NEW YORK: Bristol-Myers Squibb is looking for a new VP of public affairs - the top communications post at the pharmaceutical company - to replace John Skule. The appointee will report directly to CEO Peter Dolan.
Executive recruiting firm Korn Ferry is conducting the search, but as part of its policy, would not comment on details.
Sources familiar with the situation said a replacement is being sought because Skule has chosen to retire by his own volition. Reportedly, the VP of public affairs wanted to retire two years ago, but Dolan personally requested he stay on. According to the sources, Skule will be part of the interviewing process.
Candidates from the pharmaceutical industry are thought to have an advantage, but senior-level PR skills are the most important criteria, regardless of industry experience.
News of Skule's departure coincides with Bristol-Myers releasing a 27-page news release in which the company admitted to flawed accounting practices.
Last week, a Wall Street Journal article hinted that past comments by Skule conflict with the company's most recently released earnings restatement.