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Robert M Davis to Succeed Kenneth C Frazier as Chairman of Merck

Robert M Davis to Succeed Kenneth C Frazier as Chairman of Merck
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Kenneth C Frazier to Retire as Merck CEO; Board Elects Robert M Davis as Successor; Frazier to Continue as Executive Chairman

Posted on 461 Merck (NYSE: MRK), known as MSD outside the United States and Canada, today announced that Kenneth C. Frazier, chairman and chief executive officer, will retire as CEO, effective June 30, 2021. Mr. Frazier will continue to serve on Merck’s board of directors as executive chairman, for a transition period to be determined by the board. The Merck board of directors has unanimously elected Robert M. Davis, Merck’s current executive vice president, global services and chief financial officer, as chief executive officer, as well as a member of the board, effective July 1, 2021. Mr. Davis will become president of Merck, effective April 1, 2021, at which time the company’s operating divisions Human Health, Animal Health, Manufacturing, and Merck Research Laboratories will begin reporting to him.

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