Novartis group general counsel Felix Ehrat will step down from the company after taking personal responsibility for a $1.2 million contract with President Donald Trump’s personal lawyer Michael Cohen, an agreement he admits was an “error.”

Ehrat, who has has been group GC of the pharmaceutical giant since 2011, will retire in June, the company said Wednesday. He will be replaced by chief ethics, risk and compliance officer Shannon Thyme Klinger.

This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.

To view this content, please continue to their sites.

Not a Lexis Subscriber?
Subscribe Now

Not a Bloomberg Law Subscriber?
Subscribe Now

Why am I seeing this?

LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.

For questions call 1-877-256-2472 or contact us at [email protected]