| CEO Name | Andres Szallassy |
| Nationality | Hungary |
| Net Worth Estimation | $5 million |
Andres Szallassy, current CEO of Seresto, has an estimated net worth of $5 million, primarily attributed to his executive compensation, equity holdings, and successful leadership in expanding the Seresto pet care brand under Elanco Animal Health. His financial growth is further supported by strategic business decisions that enhanced Seresto's market valuation and global reach.
Andres Szallassy, CEO of Seresto in the pet business category, has an estimated net worth of $5,000,000. This amount is approximately 5.06% of the maximum estimated CEO net worth ($80,000,000) in the sector.
Business Category: Pet
Minimum Net Worth (estimation): 1000000 USD
Maximum Net Worth (estimation): 80000000 USD
Andres Szallassy Performance in Seresto
Andres Szallassy, CEO of Seresto, demonstrates strategic leadership through data-driven decision-making, optimizing product innovation and market expansion. His performance is marked by enhancing operational efficiency and driving significant revenue growth. Szallassy's impact on Seresto includes strengthening brand positioning and accelerating global presence in the pet healthcare industry.
Latest News
Seresto Flea Collar Controversy and Legal Challenges Involving Elanco CEO Jeffrey Simmons
Elanco Animal Health, led by CEO Jeffrey Simmons, continues to face federal scrutiny, class action lawsuits, and a $15 million settlement following reports linking Seresto flea collars to over 2,500 pet deaths and tens of thousands of adverse incidents; despite these claims, the EPA and Elanco maintain the collars are safe with new regulatory measures in place. Congressional investigators and consumer advocates have called for recall and stronger regulation, while Elanco disputes evidence of harm and emphasizes safety studies, with the company having acquired the Seresto brand from Bayer in 2020.
Source: http://investigatemidwest.org/2024/08/19/a-federal-watchdog-told-the-epa-to-determine-whether-seresto-pet-collars-were-safe-so-far-the-agency-has-not-done-so/