New Merck CFO Caroline Litchfield (Merck)

Mer­ck­'s big C-suite shuf­fle con­tin­ues as Car­o­line Litch­field is tapped as new CFO

It’s out with the old in Mer­ck’s C-suite, as CEO Ken Fra­zier pre­pares to hand the reins to CFO Robert Davis. To fill that spot, the phar­ma gi­ant is bring­ing up its cur­rent trea­sur­er, who’s been at the com­pa­ny for more than three decades.

Car­o­line Litch­field will take the CFO spot start­ing April 1, Mer­ck said on Wednes­day. The Uni­ver­si­ty of Leices­ter grad­u­ate got her start in fi­nance at the com­pa­ny’s UK site back in 1990, and hopped to Ger­many, Switzer­land and the US to fill a va­ri­ety of roles span­ning “every as­pect of fi­nance,” ac­cord­ing to her LinkedIn page.

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