Merck benefits from psis existing, ontheground network of health programs and our understanding of the local market for health products. Box100 whitehousestation,nj088890100 april 12, 2010. Clark richard wedbush securities managing director 26884393 richard. Msd pharmaceutical company, a position he held from 2007 to 2011. Richard clark, merck ceo they may have the same name, but americas oldest teenager dick clark and merck s chairman and ceo dick clark appear to. Food and drug administration fda on may 20, 1999, and was marketed under the brand names vioxx, ceoxx, and ceeoxx. Narciso azurin, md president, angeles ipa angeles ipa lorie. Merck s ceo richard clark has unveiled plans to enter the biotech drug market by creating merck bioventures mbv, a global division focused on developing biotech drugs, in particular copycat. Clark golestani has over 30 years of experience in health, life sciences and technology, and is an active investor, advisor and board member with a focus on.
Clark is the chairman of merck, serving in this role since april 2007. Frazier, currently merck s president, as chief executive officer ceo and president, as well as a member of the board, effective january 1, 2011. Merck announces retirement of chairman and former ceo. Richard clark dermatologist, american dermatologist richard clark business executive born 1946, president of merck richard clark director, british television director richard auldon clark, american conductor. Merck named richard clark as ceo to succeed raymond gilmartin, who is leaving earlier than scheduled amid vioxx litigation and a weak drug pipeline. Effective december 1, 2011, clark retires from merck after 39 years of service and frazier becomes chairman, president and. Higher sales, lower costs send mercks 3q profit up 62. T he paper by drew altman and larry levitt is a reminder of how discouraging it is to be on the side of managing expenses in the health benefits or health care financing worlds. Angela clark community member joseph auteri, md chief, cardiac surgery medical director, richard a. Richard clark musician 17801856, english musician and writer richard j. Clark was ceo of merck from may 2005 through december 2010. The theme of the meeting will be obstetric anesthesia.
Corning investor relations governance board of directors. July 23, 2009 for immediate release fda approves 6 flu vaccines for 20092010 season all are morally produced murfreesboro in response to several inquiries from the public regarding the fdas recent announcement on its approval of several flu vaccines, children of god for life released the following statement. Merck promotes kenneth frazier to ceo, succeeding richard. The merck ceo said early this month that he is looking to acquire biotechnology companies, preferring to spend in the singledigit billions of dollars. Richard clark overview richard clark has been associated with one company, according to public records.
Merck s announcement on 5 may that richard clark has been appointed ceo put an early end to speculation around the successor to current chief. Merck is incorporated in new jersey the company was established in 1891 as the united states subsidiary of the german company merck, which was founded in 1668 by the merck family. The company was incorporated in florida, florida, florida, texas, texas, texas, california, california, nevada, and nevada seventyeight years ago. Merck announces retirement of chairman and former ceo richard. Today the board elected frazier to serve as chairman following clarks retirement. New ceo appointment reveals mercks response to setbacks.
Merck s board of directors and i have great confidence in ken as the right ceo to lead this exceptional company into a new era of global health care, said richard t. On behalf of over 610,000 us citizens, physicians and members of the clergy who have petitioned merck in the campaign for ethical vaccines and are deeply concerned with the use of aborted fetal cell lines in the rubella portion of your mmr ii and other vaccines, i am asking you to reconsider your position. Pdf purpose this paper examines communication strategies, organization, and tactics of the. Resistance to organizational change linkedin slideshare. Merck s announcement on 5 may that richard clark has been appointed ceo put an early end to speculation around the successor to current chief executive and chairman, ray gilmartin, who had been. Among the perks that come with running merck is a corner office overlooking an idyllic 1,000acre companyowned preserve, where deer and foxes roam freely. Merck s incoming ceo, kenneth frazier mr clark, who has served as merck s ceo since 2005, will continue as chairman of the board. Clark held the position of president of the merck manufacturing division, with. In his first major move as merck s new chief executive, mr. I found the recent article merck s informatics mission in the journal bioit world enlightening. Clark golestani managing director c sensei group llc.
They are committed to improving access to their products for all who can benefit, wherever they live. Clark led the company for five years as president and chief executive. Heres a list of attendees at such events since june, as compiled by the white house. Citrus greening sign in sheet name please print agency email address susan bright usda. Richard clark previous chairman for schering corporation. Fda is seeking a meeting with merck ceo richard clark to address current good manufacturing practice violations at the firms west point, pa. With the scheringplough merger done, merck mrk ceo richard clark. According to richard clark, merck s products address 60% of the top 20 global burdens of disease defined by the world health organization who. Clark, chairman, will retire from the company and the merck board of directors effective dec. Mercks dick clark has opportunities, but all are risky. Clark, i am writing to express my extreme disappointment regarding merck s recent announcement to discontinue production and sales of the individual monovalent measles, mumps, and rubella vaccines in the united states. Carol aroyan vice president, provider network management health net, inc. Richard clark, president, chairman and ceo, merck indra nooyi, chairman and. Clark led the company for five years as president and chief executive officer from 2005 through 2010.
Kenneth frazier, president of chief executive officer will succeed as chairman clark has been with the company since 1972 and served as chairman since 2007. Mercks new boss inherits a mess the new york times. He also was president of merck from 2005 until may 2010. Chairman,presidentandchiefexecutiveofficer onemerck drive p. Merck is a research driven company and in order for this company to compete globally, innovation plays a huge role in the growth of the company. Mrk today announced that its board of directors has elected kenneth c. Mrk, known as msd outside the united states and canada, today announced that richard t.
Merck said todays announcement is the result of a longterm, thoughtful succession planning process led by mr. The remainder of this case study draws on clark s comments during this presentation along with. Clark said, we are confident that together, merck and schering plough will make a meaningful difference in the future of global healthcare author anonymous, 2009, pg 8. In a move that was widely expected, merck has appointed kenneth frazier, its president, to the additional role of ceo effective 1 january 2011, succeeding richard clark. The natural tendencya critical survival mechanismis to avoid similar dangers creates resistance to organizational change. Merck elevates frazier to succeed clark as ceo reuters. Human emotions loss, anger and fear are the driving forces to resistance. The participants then shared their results and spent several hours debating the. Clark announced on november 29, 2005 that the company would cut its worldwide workforce by 11%, or 7,000 people. Reif heart institute james brexler president and ceo, doylestown health kieran cody, md orthopedic surgeon, bucks county orthopedic specialists. Thenceo richard clark now mercks chairman and integration leader adam. It resulted in an open letter to merck ceo richard clark, reproduced below these notes. Clark leaned over a balcony outside his new office to pose for a photograph on a recent morning, he seemed oblivious to the.
Csmfo 2012 annual conference list of attendees commercial associates. I believe what i have to say is important to the company. Sessions honoring soaps past will include this years gertie marx education lecture, which will be given by bradley smith, md and richard clark, md, two of. List of attendees 1 parag agnihotri, md medical director,care management mercy medical group shridar ananthan chief operating officer hispanic physician ipa cris andreson account executive novo norddisk, inc. Preliminary notes as background to better illustrate the context of the open letter, below.
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