De­nied top job, Mike Nal­ly ex­its chief mar­ket­ing job at Mer­ck as the big C-suite shake­up con­tin­ues

First Mer­ck lost R&D MVP Roger Perl­mut­ter at the end of last year. Then chief ex­ec­u­tive Ken Fra­zier laid out plans to hit the ex­it in June. Now the New Jer­sey drug­mak­er’s big C-suite shake­up con­tin­ues, as Mike Nal­ly steps away from the chief mar­ket­ing job at the phar­ma gi­ant.

Nal­ly is end­ing his near­ly two-decade run at Mer­ck to pur­sue a lead­er­ship op­por­tu­ni­ty at an­oth­er com­pa­ny, though it’s not yet clear where. The for­mer head of Mer­ck’s glob­al vac­cine busi­ness was in the run­ning for Fra­zier’s spot, an in­sid­er told Bloomberg back in 2019. But the phar­ma in­stead chose CFO Robert Davis, a four-year Mer­ck vet­er­an with a dec­o­rat­ed ré­sumé, in­clud­ing time served as EVP of glob­al ser­vices and CFO at Bax­ter and 14 years in the ranks at Eli Lil­ly.

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