close

Agreements

Date: 2014-09-18

Type of information: Nomination

Compound: chief executive officer

Company: Merck Serono, a Merck KGaA company (Germany)

Therapeutic area:

Type agreement: nomination

Action mechanism:

Disease:

Details:

  • • On September 18, 2014, Merck KGaA announced that the Board of Partners has promoted Stefan Oschmann (57) to the position of Deputy CEO and Vice Chairman of the Executive Board. Concurrently, Belén Garijo (54) was appointed to the Executive Board to take over leadership for the Pharma business. The management changes will become effective as of January 1, 2015. Oschmann, currently CEO Pharma, will represent Karl-Ludwig Kley, Chairman of the Executive Board. Both will share strategic management functions and will represent the company with politicians and international organizations. As a member of the Executive Board, Garijo, currently CEO of Merck’s biopharmaceutical division Merck Serono, will take on responsibility for the whole Pharma business. Besides Merck Serono, this includes Consumer Health, Allergy and Biosimilars.
 

Financial terms:

Latest news:

Is general: Yes