![Teva CEO Schultz took a big pay cut last year—but he bagged a contract extension, too | Fierce Pharma Teva CEO Schultz took a big pay cut last year—but he bagged a contract extension, too | Fierce Pharma](https://qtxasset.com/quartz/qcloud5/media/image/fiercepharma/1585082026/K%C3%A5re_Schultz.jpg/K%C3%A5re_Schultz.jpg?VersionId=U6OtieGVu0QLL1BWJU0VcBz6Dtw_EztF)
Teva CEO Schultz took a big pay cut last year—but he bagged a contract extension, too | Fierce Pharma
![Incoming Teva CEO Jeremy Levin (front) sits with Teva Chairman Phillip Frost (C) and outgoing CEO Shlomo Yanai during a news conference in Tel Aviv January 2, 2012. Teva Pharmaceutical Industries, the Incoming Teva CEO Jeremy Levin (front) sits with Teva Chairman Phillip Frost (C) and outgoing CEO Shlomo Yanai during a news conference in Tel Aviv January 2, 2012. Teva Pharmaceutical Industries, the](https://c8.alamy.com/comp/2CYN7GA/incoming-teva-ceo-jeremy-levin-front-sits-with-teva-chairman-phillip-frost-c-and-outgoing-ceo-shlomo-yanai-during-a-news-conference-in-tel-aviv-january-2-2012-teva-pharmaceutical-industries-the-worlds-largest-generics-drugmaker-said-on-monday-that-yanai-would-step-down-as-president-and-chief-executive-officer-in-may-yanai-will-be-replaced-by-levin-a-former-senior-executive-at-bristol-myers-squibb-teva-said-in-a-statement-reutersnir-elias-israel-tags-business-health-drugs-society-2CYN7GA.jpg)
Incoming Teva CEO Jeremy Levin (front) sits with Teva Chairman Phillip Frost (C) and outgoing CEO Shlomo Yanai during a news conference in Tel Aviv January 2, 2012. Teva Pharmaceutical Industries, the
![Drug maker Teva to fire 350 workers in efficiency bid for southern Israeli plant | The Times of Israel Drug maker Teva to fire 350 workers in efficiency bid for southern Israeli plant | The Times of Israel](https://static.timesofisrael.com/www/uploads/2019/02/IMG_7041-1-e1550576947501.jpg)