Merck begins looking outside for possible successor to CEO

Article Abstract:

Drug maker Merck and Company Inc. is in the process of choosing an executive search firm to help it replace outgoing chief executive officer Raymond Gilmartin. The company's decision to begin the recruitment process is seen as taking place sooner than expected. There is speculation that the recall of its popular painkiller Vioxx may have prompted the company to speed up Mr. Gilmartin's departure.

Product standards, safety, & recalls, Product information, Executive changes & profiles, Personnel administration, Officials and employees, Product defects and recalls, Appointments, resignations and dismissals, Recruiting, Industry hiring, Gilmartin, Raymond

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Merck loss jolts drug giant, industry

Article Abstract:

Merck and Company Inc. of the United States has been fined $253 million in a litigation settlement for the complications of the medication Vioxx. The analgaesic medication was linked to lethal heart attacks and was implicated in the death of runner Robert Ernst.

Legal issues & crime, Legal/Government Regulation, Company legal issue, Cases, Discipline, Complications and side effects

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