Roche's CFO to retire

BASEL, Switzerland — Roche CFO Erich Hunziker will retire from the company at the end of March, the Swiss drug maker said Monday.

Hunziker was appointed CFO and a member of the corporate executive committee in 2001, and last year took on the additional role of chief information officer.

Alan Hippe, a former executive from German tire maker Continental and manufacturer ThyssenKrupp, will replace Hunziker as CFO.