As Valeant Points Finger At Howard Schiller, He Points To Controller

Valeant’s former Chief Financial Officer Howard Schiller has stated he won’t leave the Valeant board as requested and is challenging the company’s statements on his performance. In probably one of the most abrasive palace coups in corporate history, Valeant Pharmaceuticals today shed its relationship with CEO and strategy architect Michael Pearson and asked the former CFO and one-time interim CEO Howard Schiller to leave the board. In a harshly worded press release announcing the management reshuffling, Valeant lashed out at Schiller, who today is defending himself and his conduct by, in part, pointing to the corporate controller. Howard Schiller -…