Categories Health Care, LATEST

Merck announces management changes

Merck (MRK) announced that Adam Schechter, President of Global Human Health (GHH) division will step down from his present role at the end of this year and will become an advisor to CEO.

The pharma giant also stated that it is establishing two new executive positions to oversee its commercial organization and named Frank Clyburn as Chief Commercial Officer and Michael Nally as Chief Marketing Officer effective January 1, 2019.

Schechter joined the Kenilworth, New Jersey-based pharma company in 1988 and after serving in several senior roles, he became the president of GHH in 2010.

Adam Schechter, President of Global Human Health, Merck
Adam Schechter, President of Global Human Health, Merck Image Courtesy: Merck

Schechter has been responsible for the performance of Merck’s human health business and also developed Merck’s commercial organization. He also led the amalgamation of Merck and Schering-Plough in 2009.

Frank Clyburn, who will assume the role of Chief Commercial Officer, has held a number of leadership positions across Merck. Clyburn joined Merck in 2008 and currently serves as the President of the Global Oncology business.

Clyburn will directly report to CEO Kenneth Frazier and be accountable for all operations and P&L across Merck’s human health commercial portfolio globally.

Michael Nally, who will become the Chief Marketing Officer, most recently led the company’s Vaccines business. Nally, who has been in the company since 2003, will also directly report to CEO Kenneth Frazier and be responsible for Global Marketing and long-term franchise strategy across the portfolio.

Merck Q3 profit beats estimates

Shares of Merck, which is doing business as MSD outside the US and Canada, achieved a new 52-week high ($80.19) last Tuesday and opened up 0.65% at $77.92 when the market opened today.

 

Follow our Google News edition to get the latest stock market, earnings and financial news at your fingertips

Most Popular

CCL Earnings: Carnival Corp. Q4 2024 revenue rises 10%

Carnival Corporation & plc. (NYSE: CCL) Friday reported strong revenue growth for the fourth quarter of 2024. The cruise line operator reported a profit for Q4, compared to a loss

Key metrics from Nike’s (NKE) Q2 2025 earnings results

NIKE, Inc. (NYSE: NKE) reported total revenues of $12.4 billion for the second quarter of 2025, down 8% on a reported basis and down 9% on a currency-neutral basis. Net

FDX Earnings: FedEx Q2 2025 adjusted profit increases; revenue dips

Cargo giant FedEx Corporation (NYSE: FDX), which completed an organizational restructuring recently, announced financial results for the second quarter of 2025. Second-quarter earnings, excluding one-off items, were $4.05 per share,

Comments

  1. Pingback: Reba Fleurantin
  2. Pingback: Chirurgie Tunisie
  3. Pingback: Immunizations
  4. Pingback: fue
  5. Pingback: MBA degree Cairo
  6. Pingback: led lineari
  7. Pingback: Fiverr Earn
  8. Pingback: Fiverr Earn
  9. Pingback: fiverrearn.com
  10. Pingback: fiverrearn.com
  11. Pingback: fiverrearn.com
  12. Pingback: fiverrearn.com
  13. Pingback: fiverrearn.com
  14. Pingback: fiverrearn.com
  15. Pingback: fiverrearn.com
  16. Pingback: fiverrearn.com
  17. Pingback: Freight Broker
  18. Pingback: fiverrearn.com
  19. Pingback: fiverrearn.com
  20. Pingback: french bulldog
  21. Pingback: Seo marketing
  22. Pingback: YouTube SEO
  23. Pingback: future university
  24. Pingback: bulldogs puppy
  25. Pingback: FiverrEarn
  26. Pingback: lean manufacturing
  27. Pingback: Warranty
  28. Pingback: Piano transport
  29. Pingback: FUE
  30. Pingback: Commercial moving
  31. Pingback: Classic Books 500
  32. Pingback: FiverrEarn
  33. Pingback: FiverrEarn
  34. Pingback: Streamer
  35. Pingback: FiverrEarn
  36. Pingback: FiverrEarn
  37. Pingback: partners
  38. Pingback: leanbiome
  39. Pingback: Globalization
  40. Pingback: Predictions
  41. Pingback: FiverrEarn
  42. Pingback: live sex cams
  43. Pingback: live sex cams
  44. Pingback: FiverrEarn
  45. Pingback: FiverrEarn
  46. Pingback: FiverrEarn
  47. Pingback: FiverrEarn
  48. Pingback: FiverrEarn
  49. Pingback: FiverrEarn
  50. Pingback: FiverrEarn
  51. Pingback: FiverrEarn
  52. Pingback: FiverrEarn
  53. Pingback: Bilona
  54. Pingback: Lightroom Presets
  55. Pingback: wix seo specialist
  56. Pingback: Slot Online
  57. Pingback: FiverrEarn
  58. Pingback: cheap sex cams
  59. Pingback: dog probiotics
  60. Pingback: live sex cams
  61. Pingback: rare breed-trigger
  62. Pingback: 늑대닷컴
  63. Pingback: Wild symbol
  64. Pingback: nangs near me
  65. Pingback: allgame
  66. Pingback: 918kiss
  67. Pingback: หวย24
  68. Pingback: Korean makeup
  69. Pingback: pg slot
  70. Pingback: carte uno reverse
  71. Pingback: itsMasum.Com
  72. Pingback: FB URL Shortener
  73. Pingback: Bulk URL Shortener
  74. Pingback: itme.xyz
Add Comment
Loading...
Cancel
Viewing Highlight
Loading...
Highlight
Close
Top