New era begins at Merck as pandemic cuts Q1 sales, profit - Business News castanet.net - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from castanet.net Daily Mail and Mail on Sunday newspapers.
by Wire, staff reports April 29, 2021 .
DURHAM – Merck is entering a new era, with sweeping changes across its executive suite and the spinoff off its women’s health and other businesses, a bid to enable both resulting companies to grow faster.
The drug giant has a significant presence in Durham and announced a significant expansion last October.
The massive management makeover, mostly triggered by longtime Chief Executive Ken Frazier’s upcoming retirement, occurs as the drugmaker says hits to sales of many of its medicines amid lockdowns and other impacts from the coronavirus pandemic will lessen and sales will rise over the rest of the year.
New era begins at Merck as pandemic cuts Q1 sales, profit channelnewsasia.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from channelnewsasia.com Daily Mail and Mail on Sunday newspapers.
IBM, Merck, Nike, Others Connect to Hire 1 Million Black Americans
Top executives across 30 businesses including Merck, Nike and IBM plan to connect and hire black workers, according to a media report.
Author:
Top executives across more than 30 American businesses including Merck (
IBM) - Get Report are connecting to hire black workers, according to a media report.
A new coalition called OneTen will provide training to help 1 million black Americans succeed in business over the next 10 years, The Wall Street Journal reported.
The nonprofit has so far recruited more than 35 company backers and raised more than $100 million in seed funding.