$5 Million Payout for Viehbacher
Sanofi has agreed to pay its former CEO Chris Viehbacher a total of Euro 4.44 million ($5.06 million).
Sanofi has agreed to pay its former CEO Chris Viehbacher a total of €4.44 million ($5.06 million). Reuters reported this weekend that, on top of that amount, Viehbacher will pocket €246,750 each month for half a year until June 30 (a total of €1.48 million [$1.6 million]), for not working for a competitor. Although Sanofi's 2013 annual report said Viehbacher was entitled to two years pay "in the event of his removal from office", the total sum is less than the €5.92 million he is entitled to, Reuters reports.
Is Artificial Intelligence a ‘Product’? Products Liability Implications for AI-Based Products
April 10th 2025As the physical products we use evolve to become increasingly complex, traditional products liability frameworks may not always fit to provide remedies for harm that can result from using novel product types.
