Mr. Herendeen will oversee the company’s finance and IT organizations and will serve on the Zoetis executive team, reporting to chief executive officer Juan Ramón Alaix. He will be responsible for the financial management, planning and operations, and will oversee the implementation of an Enterprise Resource Planning (ERP) system based on SAP to complete the company’s full separation from Pfizer.
“We are very pleased to have Paul Herendeen joining our executive team,” said Mr. Alaix. “Paul is an experienced and talented CFO with substantial background in the health care sector and as a public company CFO. His track record demonstrates an ability to create value and growth for companies where he has been part of the leadership team. We look forward to Paul using his expertise to enhance our global finance organization and in demonstrating and communicating our value proposition to investors.”