The organizational chart of Merck KGaA displays its 183 main executives including Stefan Oschmann, Marcus Kuhnert and Friederike Rotsch × We use cookies to provide a better service. Discusses the strategic, organizational, cultural, and management challenges that Merck faced, as well as Gilmartin's change program from 1994 to 1998, which was aimed at … Previously president of MSD International, where he established a central organizational structure and led Merck’s operations in all countries outside the US, a … Merck and Schering-Plough agreed to merge in a $41-billion deal that was announced in March 2009. Trying to meet today's business technology needs with yesterday's IT organizational structure is like driving a Model T at the Indy 500. Merck & Co. has outlined a new organizational structure and named top management and senior leaders for the company, effective upon the completion of its merger with Schering-Plough. The authoritative German versions of the annual financial statements and the combined management report of the Merck Group and Merck KGaA for 2015 have been filed with the electronic German Federal Gazette and are available on the website of the German company register. The Chairman is responsible for the Board. Description: Merck is an innovative, global healthcare leader that is committed to improving health and wellbeing around the world. Merck is organized as a multidivisional structure which is organized around product or geographic markets and are often self-sufficient in terms of functional expertise. The headquarters of the company is located in Whitehouse Station, New Jersey, an unincorporated area in Readington Township. Organisational Structure of Merck and Company : Merck & Co., Inc. (NYSE: MRK), also known as Merck Sharp & Dohme or MSD outside the United States and Canada, is one of the largest pharmaceutical companies in the world. Clicking on any of the links below will take you to a website intended for those living outside the United States and Canada. On November 18, 1993, Merck purchased Medco for $6.6 billion. Merck is known as MSD outside the United States and Canada. Corporate governance structures are established to make sure corporations are accountable to their owners—the shareholders. Chapter 11 Organizational Structure Many major companies can be structured in three different ways; functional structure, multidivisional structure, or matrix structure. The creation of this committee helped to streamline and flatten Merck's organizational structure, fostered a greater degree of company teamwork, and halted the exodus of top managers that occurred during the Vagelos succession. "Merck used … Our corporate governance goes beyond the company's relationship to our shareholders, because it reflects our relationship to society, and issues that matter to our key stakeholders can very quickly become important issues for our shareholders. By continuing your navigation, you consent to their use. Merck’s company has an effective corporate governance structure. Merck & Co., Inc. is the legal name and is listed on the New York Stock Exchange under the symbol "MRK." The organizational structure for the new Merck is designed to capture the opportunities in the broader and deeper in-line pharmaceutical franchises …