Professional Overview
Michael Ferrone is a seasoned executive currently serving as the head of Ethics, Risk & Compliance at Novartis, located in Morristown, New Jersey, United States. His key expertise areas include risk management, compliance, and internal audit, with a strong industry focus on pharmaceuticals and healthcare.
Experience Summary
Current Role
In his current position at Novartis, Michael oversees the development and implementation of the company's ethics, risk, and compliance framework. His key responsibilities include identifying and mitigating potential risks, ensuring regulatory compliance, and promoting a culture of ethics and integrity within the organization. Although specific achievements in this role are not provided, his leadership in this area is crucial for maintaining the company's reputation and adherence to legal standards.
Career Progression
Michael's career progression is marked by notable roles that demonstrate his growth and expertise in risk management, audit, and compliance. Previously, he served as Senior Director Internal Audit at Solix, Inc., Director, Global Finance Systems at Schering-Plough, and held various positions at PwC, including Senior Consultant and Senior Auditor. These roles have equipped him with a deep understanding of internal controls, financial systems, and audit practices.
Areas of Expertise
Michael's areas of expertise include:
- Industry-specific skills: Pharmaceuticals and healthcare
- Technical competencies: Risk management, internal audit, compliance, financial systems
- Leadership and management capabilities: Team leadership, strategy development, and implementation of ethics and compliance programs
Professional Impact
While specific details on notable projects or initiatives are not available, Michael's current and past roles indicate significant contributions to the pharmaceutical and healthcare industries. His expertise in risk management and compliance has likely influenced the development of robust internal controls and ethical standards within his organizations.
Conclusion
Michael Ferrone's professional trajectory showcases a dedicated and experienced executive with a strong background in ethics, risk, and compliance. Currently, his focus is on leading these efforts at Novartis, bringing value through his expertise in mitigating risks, ensuring compliance, and fostering a culture of integrity. His career progression and areas of expertise position him as a valuable asset in the pharmaceutical industry, particularly in roles requiring strategic leadership in risk management and compliance.
