Novartis General Counsel to Step Down After Cohen Payments

Novartis AG’s legal counsel became the first executive to take the fall for a controversial payment he helped arrange to Donald Trump’s personal lawyer, as the Swiss drugmaker tries to contain the furor from the revelation last week.

Felix Ehrat will retire after seven years as Novartis’s top lawyer and be replaced by Shannon Thyme Klinger, currently the chief ethics, risk and compliance officer, the Basel, Switzerland-based company said Wednesday in a statement.

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