Complex sentence: He was later named chairman of a large pharmaceutical holding company owned by Setad (Sobhan Pharma Group), both examples of the "revolving door between Setad and Iran's government", according to Reuters.
Split into simpler sentences: He was later named chairman of a large pharmaceutical holding company also owned by Setad (Sobhan Pharma Group). Both examples of the "revolving door between Setad and Iran's government", according to Reuters.