Merck said that chairman and former chief executive Richard Clark will retire from the company on December 1, after nearly 40 years at the drugmaker.
Kenneth Frazier will become chairman of Merck after Clark retires.
Merck said that chairman and former chief executive Richard Clark will retire from the company on December 1, after nearly 40 years at the drugmaker.
Kenneth Frazier will become chairman of Merck after Clark retires.
Consumer spending has been in a slump since the end of the pandemic.