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October 26, 2022 5:00 pm ET

Frazier to Retire After 30 years at Merck; Board Elects Davis as Company Chairman

RAHWAY, N.J.--(BUSINESS WIRE)-- Merck (NYSE: MRK), known as MSD outside the United States and Canada, today announced that the Merck board of directors has unanimously elected Robert M.

Davis to serve as chairman of the board, effective Dec. 1, 2022. He will succeed Kenneth C. Frazier, who plans to retire on Nov. 30, 2022, after a long-tenured career at Merck that began in 1992. Frazier led the company for 10 years as president and chief executive officer, from 2011 through 2021.

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He has served as a Merck director since January 2011 and chairman of its board of directors since December 2011.

Davis, who currently serves as president and chief executive officer, became Merck’s president in April 2021 and was named Merck’s chief executive officer and a member of its board in July 2021.

Speaking on behalf of Merck’s board of directors, Thomas H.

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