Harry Korman - Viatris Non-Executive Independent Director

Director

Mr. Harry A. Korman serves as NonExecutive Independent Director of Mylan N.V. since 2018. Board Committees Compliance Risk Oversight Science and Technology. He held senior executive roles of increasing responsibility at Mylan Inc. and its subsidiaries from 1996 until July 2014. He served as Mylan Inc.s global Chief Operating Officer from January 2012 until July 2014, after which he served in a consultant role with Mylan Inc. for one year. Prior to his service as Chief Operating Officer, he was the President, North America of Mylan Inc. commencing in October 2007. He served as President of Mylan Pharmaceuticals Inc. from February 2005 to December 2009. During his time as an executive at Mylan, Mr. Korman was instrumental in identifying, evaluating and executing on significant commercial and business development opportunities in the United States and other countries, including the expansion of Mylans global generics businesses around the world, among many other important contributions to the Company and its stakeholders. He joined Mylan in 1996 after the Companys acquisition of UDL Laboratories, Inc., and served as its president, among other prior responsibilities. He served as a past director and vice chairman of the Generic Pharmaceutical Association, now known as the Association for Accessible Medicines. He also previously served as a director and vice chairman of the HDMA Foundation, which serves the healthcare industry by providing research and education focused on healthcare supply issues. His qualifications to serve on Mylans Board include, among others, his extensive industry and leadership experience, his knowledge of healthcare systems and the U.S. and global commercial markets, and his leadership experience in the areas of global strategy, risk oversight, sales and marketing, commercial operations, supply chain and business development, among other areas relevant and important to Mylans global business. since 2018.
Age 60
Tenure 6 years
Phone44 1707 853 000
Webhttp://www.mylan.com

Viatris Management Efficiency

The company has Return on Asset of 3.63 % which means that on every $100 spent on assets, it made $3.63 of profit. This is considered to be average in the sector. In the same way, it shows a return on shareholders' equity (ROE) of 2.22 %, implying that it generated $2.22 on every 100 dollars invested. Viatris' management efficiency ratios could be used to measure how well Viatris manages its routine affairs as well as how well it operates its assets and liabilities.
The company has 12.51 B in debt with debt to equity (D/E) ratio of 1.0, which is OK given its current industry classification. Viatris has a current ratio of 0.99, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Debt can assist Viatris until it has trouble settling it off, either with new capital or with free cash flow. So, Viatris' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Viatris sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Viatris to invest in growth at high rates of return. When we think about Viatris' use of debt, we should always consider it together with cash and equity.

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Mylan N.V., together with its subsidiaries, develops, licenses, manufactures, markets, and distributes generic, branded-generic, brand-name, and over-the-counter pharmaceutical products in North America, Europe, and internationally. The company was founded in 1961 and is based in Hatfield, the United Kingdom. Mylan NV operates under Drug ManufacturersSpecialty Generic classification in the United States and is traded on NASDAQ Exchange. It employs 35000 people. Viatris (MYL) is traded on NASDAQ Exchange in USA and employs 35,000 people.

Management Performance

Viatris Leadership Team

Elected by the shareholders, the Viatris' board of directors comprises two types of representatives: Viatris inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Viatris. The board's role is to monitor Viatris' management team and ensure that shareholders' interests are well served. Viatris' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Viatris' outside directors are responsible for providing unbiased perspectives on the board's policies.
Anthony Mauro, President of Mylan North America
Joseph Maroon, Independent Director
Kris King, VP of Global Investor Relations
Heather Bresch, CEO, Executive Director and Member of Science and Technology Committee
Harry Korman, Non-Executive Independent Director
Melina Higgins, Independent Director
Mark Parrish, Independent Director
Kenneth Parks, CFO
Rodney Piatt, Vice Chairman of the Board, Lead Independent Director
Rajiv Malik, President, Executive Director and Member of Science and Technology Committee
John Sheehan, Executive Vice President CFO, Principal Financial officer
Dennis Zeleny, Chief Human Resource Officer
JoEllen Dillon, Independent Director
Neil Dimick, Independent Director
Sjoerd Vollebregt, Independent Director
Douglas Leech, Independent Director
Robert Cindrich, Independent Director
Pauline Mohr, Non-Executive Independent Director
Wendy Cameron, Independent Director
Rakesh Bamzai, President - India Commercial and Emerging Markets
Robert Coury, Executive Chairman and Chairman of Executive Committee
Daniel Gallagher, Chief Legal Officer
Richard Mark, Non-Executive Independent Director
Randall Vanderveen, Independent Director

Viatris Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Viatris a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

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Other Consideration for investing in Viatris Stock

If you are still planning to invest in Viatris check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Viatris' history and understand the potential risks before investing.
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