Germany’s Merck KGaA (MRK: DE) today announced the reorganization of its Healthcare top management team as the business enters a new strategic phase aimed at accelerating future growth.
Effective September 30, Merck's largest business sector will be governed by the Healthcare Executive Committee, which will comprise four business functions and three supporting functions replacing the current Pharma Executive Committee. The new Healthcare Executive Committee will be chaired by Belén Garijo, a member of the Executive Board of Merck and chief executive of Merck Healthcare.
On the Healthcare Executive Committee, Simon Sturge will assume the newly-created role of chief operating officer overseeing all commercial regions and countries. In addition, his responsibilities will include the General Medicine franchise, which consists of products to treat cardiovascular diseases and diabetes, as well as Global Manufacturing and Supply. He will continue to oversee the Biosimilars and Allergopharma businesses, which he currently leads.
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