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Merck KGaA's new CEO shakes up U.S. leadership to spark sales of promising drugs


May 18, 2021 11:39am
Germany-based Merck KGaA saw an 8.6% increase in sales in 2020 and looks for even more success with reorganization of its healthcare unit in North America as it tries to spur sales of Mavenclad, Bavencio and Tepmetko. (Fierce Pharma)
Belen Garijo took over last month as CEO at Merck KGaA and she’s not wasting time putting her imprint on the company.
On Tuesday, the Germany-based company said it had tapped Chris Round as president at its North America healthcare unit, replacing Andrew Patterson, who ll step into the brand-new role of chief marketing officer.
By beefing up its leadership in the United States, Merck aims to help EMD Serono cash in with three promising drugs––its Pfizer-partnered immuno-oncology drug Bavencio, multiple sclerosis treatment Mavenclad and Tepmetko for non-small cell lung cancer. ....

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Pharmaceutical giant Merck now has a woman at the helm | Business| Economy and finance news from a German perspective | DW


How to negotiate more successfully as a woman
Glass ceilings and gender equality
In 2015, the German legislature passed a law mandating a 30% quota for women on supervisory boards of listed companies. Aiming further down the corporate ladder, this past January, the German cabinet greenlit a bill to force more gender equality on company executive boards after a voluntary system didn t bring about enough change.
If approved, the law will make it mandatory for listed companies to appoint one female board member if it has at least four members. Companies that the government has a majority stake in will be held to even tougher standards. Currently, only around 16% of DAX board members are women. ....

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