Dr. Vasella is Honorary Chairman and the former Chairman and CEO of Novartis AG, a company that engages in the research, development, manufacture and marketing of health care products worldwide. Dr. Vasella is the former Chief Operating Officer, Senior Vice President, Head of Worldwide Development and Head of Corporate Marketing at Sandoz Pharma Ltd. Dr. Vasella also serves on the Board of Directors of each of PepsiCo, Inc. and SciClone Pharmaceuticals, Inc. He is a foreign honorary member of the American Academy of Arts and Sciences.