Richard T. Clark is a former chairman of the Merck & Co. (MSD) pharmaceutical company, a position he held from 2007 to 2011. His previous leadership positions at Merck & Co. include CEO (2005–2010),[1] president (2005–2009) and president of the Merck & Co. manufacturing division (2003–2005).
A first generation college student, he attended Washington & Jefferson College, where he majored in history and was a member of Lambda Chi Alpha.[2]
He earned an MBA at the American University (1970) and was a lieutenant in the US Army 1970–1972.[3] He joined Merck & Co. in 1972.[4] He retired from the position of CEO in 2010 and retired as chairman in 2011.[5]
He was on the Washington & Jefferson College board of trustees.[6][7] He is also on the board of directors of Project HOPE and was chairman from 2010 to October 2018.[7]
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Compensation
While CEO of Merck & Co. in 2008, Clark received a total compensation of $17,320,938, which included a base salary of $1,783,334, a cash bonus of $2,244,510, stocks granted of $6,811,125, options granted of $6,408,300 and other compensation of $73,669.[8]
References
- ^ "Merck Board Elects Kenneth C. Frazier as Next CEO; Richard T. Clark to Continue as Chairman". Merck & Co., Inc. 30 November 2010. Archived from the original on 8 July 2012.
- ^ "Clark, Richard". Education for a Lifetime. Washington & Jefferson College. Archived from the original on 18 June 2012. Retrieved 15 May 2012.
- ^ Davidson, Andrew (2009). 1000 CEOs. Penguin. p. 160. ISBN 978-0-7566-7057-3.
- ^ Berenson, Alex (21 May 2005). "Merck's New Boss Inherits a Mess". The New York Times. ISSN 0362-4331. Retrieved 7 May 2020.
- ^ "Merck says Clark will retire as chairman Dec. 1". Boston.com. Associated Press. 6 October 2011. Retrieved 7 May 2020.
- ^ "W&J: Board of Trustees". Washington & Jefferson College. Archived from the original on 27 May 2010. Retrieved 28 February 2010.
- ^ a b Markley, Jordan (6 June 2012). "W&J names Richard T. Clark as chairman". Pittsburgh Business Times. Retrieved 7 May 2020.
- ^ "2008 CEO Compensation for Richard T. Clark". Equilar. Archived from the original on 14 August 2009. Retrieved 17 July 2009.
This page was last edited on 15 June 2022, at 15:19