Change to the Roche Enlarged Corporate Executive Committee

Rhea-AI Summary

Roche (SIX: RO, ROG; OTCQX: RHHBY) has announced that Wafaa Mamilli will join as Chief Digital Technology Officer (CDTO) and member of the enlarged Corporate Executive Committee, effective February 10, 2025. Based at Genentech in South San Francisco, Mamilli will take over the worldwide Informatics function from Alan Hippe, who will retain his role as Chief Financial Officer (CFO).

The split of the CFO and Chief Informatics Officer roles reflects Roche's increased focus on digital transformation and AI implementation across the enterprise. Mamilli joins from Zoetis, where she served as Chief Digital & Technology Officer and Group President for China, Brazil and Precision Animal Health. She previously spent over 20 years at Eli Lilly, ultimately as global CIO for the company's business units.

Positive

• Strategic separation of CFO and CIO roles to enhance focus on digital transformation
• Appointment of experienced digital leader with extensive pharmaceutical industry background
• Increased commitment to AI and digital solutions implementation

Negative

• None.

Basel, 29 January 2025 - Roche (SIX: RO, ROG; OTCQX: RHHBY) announced today that Wafaa Mamilli (1967) will join the company as Chief Digital Technology Officer (CDTO), reporting to Group CEO, Thomas Schinecker, and will become a member of the enlarged Corporate Executive Committee starting 10 February 2025.  She will be based at Genentech in South San Francisco.

In this new role, she will take over the worldwide responsibility for the Informatics function for the Roche Group from Alan Hippe, who currently has the dual role of Chief Financial Officer (CFO) and Chief Informatics Officer (CIO).  With our ambitions to transform our business with digital solutions and through enterprise-wide use of artificial intelligence, this is the right moment to split the two roles and ensure dedicated focus – Alan Hippe as CFO and Wafaa Mamilli as CDTO.

Ms. Mamilli last held the role of Chief Digital & Technology Officer and Group President for China, Brazil and Precision Animal Health at Zoetis.  Prior to joining Zoetis in 2020, Ms. Mamilli spent over 20 years with Eli Lilly and Company, where she held various international roles with increasing responsibility and ultimately served as the global chief information officer for the company’s business units.

She earned a master’s degree in computer science from INSEA in Rabat, Morocco, a master’s degree in business applications of information and technology from Université Rennes in Rennes, France, and completed the Advanced Management Program at Harvard Business School. She also serves on the board of directors of Fiserv.

Roche’s CEO Thomas Schinecker: “With the speed of technology and its strategic importance to our business now and for the future, I am thrilled to have Wafaa Mamilli joining us.  She is a visionary leader with deep technical and business expertise who will be instrumental in leveraging the power of digitalization and artificial intelligence across our business.”

About Roche
Founded in 1896 in Basel, Switzerland, as one of the first industrial manufacturers of branded medicines, Roche has grown into the world’s largest biotechnology company and the global leader in in-vitro diagnostics. The company pursues scientific excellence to discover and develop medicines and diagnostics for improving and saving the lives of people around the world. We are a pioneer in personalised healthcare and want to further transform how healthcare is delivered to have an even greater impact. To provide the best care for each person we partner with many stakeholders and combine our strengths in Diagnostics and Pharma with data insights from the clinical practice.

For over 125 years, sustainability has been an integral part of Roche’s business. As a science-driven company, our greatest contribution to society is developing innovative medicines and diagnostics that help people live healthier lives. Roche is committed to the Science Based Targets initiative and the Sustainable Markets Initiative to achieve net zero by 2045.

Genentech, in the United States, is a wholly owned member of the Roche Group. Roche is the majority shareholder in Chugai Pharmaceutical, Japan.

For more information, please visit www.roche.com.

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• 29012025_MR_Mamilli_en

FAQ

When will Wafaa Mamilli join Roche (RHHBY) as Chief Digital Technology Officer?

Wafaa Mamilli will join Roche as Chief Digital Technology Officer (CDTO) on February 10, 2025.

Why is Roche (RHHBY) splitting the CFO and CIO roles in 2025?

Roche is splitting the roles to ensure dedicated focus on both financial and digital transformation initiatives, particularly given their ambitions to transform the business with digital solutions and enterprise-wide use of artificial intelligence.

What is Wafaa Mamilli's previous experience before joining Roche (RHHBY)?

Prior to joining Roche, Mamilli was Chief Digital & Technology Officer at Zoetis, and previously spent over 20 years at Eli Lilly, where she ultimately served as global CIO for the company's business units.

Where will Roche's new Chief Digital Technology Officer be based?

Wafaa Mamilli will be based at Genentech in South San Francisco.