A Pfizer executive explains why she sees a group of 90,000 people as the most important stakeholders in the drugmaker

Business Insider | 7/10/2018 | Lydia Ramsey
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Pharmaceutical giant Pfizer employs 90,000 people, a group Pfizer executive vice president of corporate affairs Sally Susman sees as the most important stakeholder in the company.

To support employees, Pfizer matches charitable donations and sends its employees out on fellowships around the globe.

Puerto - Rico - Hurricanes - Fall - Pfizer

When Puerto Rico was hit by hurricanes last fall, Pfizer gave a generator to each of its employees located on the island.

This article is part of Business Insider's ongoing series on Better Capitalism.

Susman - Vice - President - Affairs - Pfizer

Sally Susman, the executive vice president of corporate affairs at Pfizer, wants employers to do better by their employees.

When it comes to major drugmakers like Pfizer, there are a lot of stakeholders to keep happy. There are shareholders who have invested in the company, there are the patients who use Pfizer's products, and there's the global community holding it accountable. And there's also the 90,000 people Pfizer employs around the world.

Shareholders - Lot - Groups - People - Pfizer

"The shareholders are important, sure, but so too are a lot of other groups and to me none more important than the 90,000 people that work for Pfizer," Susman told Business Insider.

In her role at Pfizer, Susman oversees communications and government relations and vice-chairs the Pfizer Foundation. The way she sees it, society has a big opportunity to tap into employees, because they want to find purpose in the work they're doing day-to-day. She said that's especially the case at a pharmaceutical industry because of the company-wide imperative to develop new medications.

Society - Opportunity - Question - Opportunity

"Society has a big opportunity. The question is will they rise to the opportunity?" she said.

Through her work at the Pfizer Foundation, Susman has the chance to tap into that purpose, by matching employees' charitable donations through the foundation's funding. Last year, Pfizer contributed $34 million...
(Excerpt) Read more at: Business Insider
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