Ex-Pfizer Execs Backed Its Leadership. An Activist Investor Says They Were 'Threatened'

Key TakeawaysTwo former Pfizer executives published a statement saying they support management as it gets pressured for changes by activist investor Starboard Value.The ex-Pfizer executives, Ian Read and Frank D'Amelio, said they didn't want to get involved with Starboard's efforts to seek change.Starboard on Thursday accused people inside Pfizer of threatening Read and D'Amelio if they backed Starboard's efforts. Pfizer (PFE) shares lost ground Thursday after two former executives released a statement supp ...