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GSK
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GSK turns to insider to be next CEO — and the stock rallies

1. GSK appoints Luke Miels as new CEO starting January 1. 2. Company shares rose 4% in response to leadership change. 3. Miels aims to drive growth ahead of key patent expiry in 2028. 4. GSK maintains a 2031 sales target of over £40 billion. 5. Walmsley oversaw significant company transformations during her tenure.

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FAQ

Why Bullish?

Miels’ appointment may boost investor confidence, reminiscent of successful past CEO transitions.

How important is it?

Leadership changes often significantly affect stock performance and strategic direction.

Why Long Term?

New leadership is expected to drive growth strategies over several years.

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