What rumor did Chris V. Baker cite in his letter to the board?
Sanofi 3Q EPS EU1.47; Est. EU1.46
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The transcript discusses the company's quarterly profit increase of 10%, aligning with analyst estimates, and the earnings rising to €1.94 billion. CEO Chris V. Baker's position is under scrutiny, with rumors of a new CEO search. Despite this, the board made no decision on his role, and the earnings report supports his case to remain CEO.
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What was the outcome of the board meeting regarding Chris V. Baker's position?
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