Merck CEO Kenneth Frazier announces retirement after a decade at the helm
Frazier will be succeeded by CFO Robert Davis, who was unanimously selected by the board and will also be Merck’s new president
04 February 2021 - 17:20
Washington — Merck & Co said on Thursday Kenneth Frazier plans to retire as CEO after almost a decade leading the drugmaker.
Frazier, one of just four black CEOs in the Fortune 500, will be succeeded by Robert Davis, Merck’s CFO and executive vice-president for global services. Davis was unanimously selected by Merck’s board for the post. He will also be Merck’s new president, effective April 1...
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