After Richard Clark’s retirement, Kenneth Frazier took over the reins of American biopharmaceutical company Merck & Co. as CEO and Chairman. Merck, a pharmaceutical behemoth worldwide, was originally a subsidiary of Merck Group. But it became independent in 1917 and is known by the name Merck in the United States and Canada. Merck CEO Kenneth is recognized for evolving the company into a pioneer of innovation in immuno-oncology. Under his leadership, the Fortune 500 listed company was also ranked top among the Most Admired Companies in the pharmaceutical industry.
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Merck Competitors
The healthcare solutions provider Merck, which specializes in Pharmaceutical, Healthcare Services, Animal Health, and Alliances, sees competition from:
- Novartis Pharma
- Johnson & Johnson
- Pfizer
Salary & Net Worth – Investors, Funding, & Valuation
The publicly listed Merck & Co., Inc., CEO Kenneth earned a total salary of 17.1 million USD in 2017, becoming one of the highest paid CEOs in the country. His net worth detail will be featured soon.
Merck’s valuation in terms of market cap is estimated to be around 166.11 Billion USD. Institutional investors and hedge funds are the owners of about 72.99% of company’s stock. Some of them include Goldman Sachs Group, Clearwater Capital Advisors LLC, Morgan Stanley, etc. Further, company insiders reportedly hold about 0.32% of the stock.
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Career & Education – Company, University, & College
Before assuming the post of CEO and Chairman in 2011, Kenneth Frazier served Merck & Co., Inc., as President in 2010. From 2007-2010, he was EVP and President of company’s Global Human Health segment. From 2006 to 2007, he worked as EVP and General Counsel for the company. From 1999 to 2006, he was SVP and General Counsel at the company. His journey with the American drug company started in 1992, when he was selected as General Counsel for its Public Affairs Division. His first job was at Philadelphia-based law firm Drinker Biddle & Reath.
Frazier attended the Pennsylvania State University for his Bachelor’s degree. He also studied at Harvard Law School to get his JD degree.
Contact Kenneth Frazier – Email Address | Twitter | LinkedIn
Frazier’s contact details including email ID will be published soon.
Merck Customer Care Number | Help & Support
If you have any complaint about company’s human health product, dial Merck National Service Center at 1-800-444-2080 for customer care help. For queries or concerns around animal health products, you can call at 1-800-224-5318 (for dogs, cats), 1-800-211-3573 (for cattle, dairy, poultry, swine, and fish), and 1-866-349-3497 (for horses).
Wiki Trivia on Kenneth Frazier – Age, Wife, Family, & More
Merck CEO Kenneth, age 64, was born on 17 December 1954 in Philadelphia, Pennsylvania. His father, Otis, who was born in 1900, received only three years of formal education because he was an African-American. Despite unfavorable circumstances, Frazier’s father taught himself by reading two newspapers daily. He worked as a janitor. His mother passed away when he was 12 years. He sees Thurgood Marshall as his hero.
Kenneth’s wife Andrea Frazier leads an active social life. The couple has two children, named James and Lauren.
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