
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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