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Fonteyne out, Baiker in as President/CEO of Boehringer Ingelheim U.S.

Paul Fonteyne will spend the remainder of the year leading the pharmaceutical company’s U.S. animal health business.

Boehringer in the midst of $100M capital project

With annual sales of between $17 billion and $18 billion, Boehringer Ingelheim is the largest privately held pharmaceutical company in the world by sales, and the 12th largest including publicly traded firms.