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Jean-Paul Kress Joins Sanofi's Board: A New Era Begins

Jean-Paul Kress Joins Sanofi's Board: A New Era Begins

Jean-Paul Kress Joins Sanofi's Board

Sanofi is set to enhance its Board of Directors with the appointment of Jean-Paul Kress as an independent director starting from January 1, 2025. This significant change comes as a result of Gilles Schnepp's departure at the end of 2024. Kress's term will coincide with the remainder of Schnepp's office, pending ratification by the shareholders at the upcoming Ordinary Shareholders' Meeting.

Background on Jean-Paul Kress

Jean-Paul Kress, M.D., previously served as the CEO of MorphoSys, where he played a pivotal role until its acquisition by Novartis in 2024. His tenure at MorphoSys was marked by a strong commitment to enhancing the lives of patients battling cancer. He adeptly led the company through its transformational journey into a worldwide biopharmaceutical enterprise focused on innovative cancer therapies. Before MorphoSys, Kress was the CEO of Syntimmune, leading its strategic pivot to late-stage clinical development for autoimmune disorders until its acquisition by Alexion Pharmaceuticals.

His Expertise in the Pharmaceutical Sector

With a wealth of experience, Kress has held prominent leadership positions across several pharmaceutical firms in both the United States and Europe. His qualifications include past tenures as Chairman at ERYTECH Pharma and as a board member at Sarepta Therapeutics. Kress received his medical degree from the prestigious Faculté Necker-Enfants Malades in Paris and completed his Master of Sciences in molecular and cellular pharmacology at Ecole normale supérieure (Ulm) in Paris.

Welcome Remarks from the Chairman

Frédéric Oudéa, Chairman of the Board, expressed his heartfelt appreciation for Gilles Schnepp’s contributions during his tenure, especially in enhancing the company's governance in 2023. Oudéa noted, "The Board is thrilled to welcome Jean-Paul Kress as our newest director. His impressive experience spanning over three decades in the pharmaceutical industry will bring invaluable insights as we navigate the ongoing strategic evolution in the biopharmaceutical arena."

Board Committee Developments

In connection with reorganizing the Board's Committees, Patrick Kron will assume the role of Chairman for the Appointments, Governance, and CSR Committee. In addition, Kress will actively participate in both the Strategy Committee and the Scientific Committee, indicating his integral role in shaping Sanofi’s strategic direction.

About Sanofi's Commitment to Innovation

Sanofi is recognized as an innovative global healthcare leader, driven by the mission to explore the miracles of science that improve lives. With a dedicated team worldwide, Sanofi transforms the practice of medicine through innovative treatment options and vaccine solutions. Sustainability and social responsibility lies at the heart of Sanofi’s initiatives, ensuring a broader impact beyond healthcare.

Contact Information

For media inquiries, please reach out to:

Sandrine Guendoul | + 33 6 25 09 14 25 | sandrine.guendoul@sanofi.com

Evan Berland | +1 215 432 0234 | evan.berland@sanofi.com

Nicolas Obrist | + 33 6 77 21 27 55 | nicolas.obrist@sanofi.com

Investor Relations:

Thomas Kudsk Larsen | + 44 7545 513 693 | thomas.larsen@sanofi.com

Frequently Asked Questions

Who is Jean-Paul Kress?

Jean-Paul Kress is a medical doctor and former CEO of MorphoSys, joining Sanofi's Board of Directors in 2025.

What is Sanofi's mission?

Sanofi focuses on the miracles of science to improve lives and provides groundbreaking treatment options globally.

What changes are happening in Sanofi's Board?

Jean-Paul Kress will replace Gilles Schnepp on the Board, participating in committees for strategy and scientific guidance.

How long has Kress worked in the pharmaceutical industry?

Kress has over 30 years of experience in various leadership roles in the pharmaceutical sector.

What committees will Kress be part of?

Kress will join the Strategy Committee and the Scientific Committee of Sanofi.

About The Author

About Investors Hangout

Investors Hangout is a leading online stock forum for financial discussion and learning, offering a wide range of free tools and resources. It draws in traders of all levels, who exchange market knowledge, investigate trading tactics, and keep an eye on industry developments in real time. Featuring financial articles, stock message boards, quotes, charts, company profiles, and live news updates. Through cooperative learning and a wealth of informational resources, it helps users from novices creating their first portfolios to experts honing their techniques. Join Investors Hangout today: https://investorshangout.com/

The content of this article is based on factual, publicly available information and does not represent legal, financial, or investment advice. Investors Hangout does not offer financial advice, and the author is not a licensed financial advisor. Consult a qualified advisor before making any financial or investment decisions based on this article. This article should not be considered advice to purchase, sell, or hold any securities or other investments. If any of the material provided here is inaccurate, please contact us for corrections.

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