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Oct. 8, 2007 / 2:45 PM

GlaxoSmithKline appoints CEO-designate

LONDON, Oct. 8 (UPI) -- Pharmaceutical giant GlaxoSmithKline in London Monday announced the appointment of Andrew Witty as chief executive officer-designate.

Witty, currently president of GlaxoSmithKline's pharmaceuticals-Europe division, will succeed Jean-Pierre Garnier when he retires as CEO in May 2008, the company said in a news release.

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"The board is confident that Andrew will build on JP’s considerable achievements which have positioned GSK as a leader of the pharmaceutical industry," Christopher Gent, Chairman, GlaxoSmithKline chairman said.

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