Richard Clark (business executive)

Richard Clark

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. He was employed by Merck & Co. from 1972.

He has served on the Washington & Jefferson College Board of Trustees.[3]

Compensation

While CEO of Merck & Co. in 2008, Richard T. Clark earned 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.[4]

References

  1. Merck Board Elects Kenneth C. Frazier as Next CEO; Richard T. Clark to Continue as Chairman, Merck & Co., Inc
  2. "Clark, Richard". Education for a Lifetime. Washington & Jefferson College. Archived from the original on 2012-05-15. Retrieved 2012-05-15.
  3. "W&J: Board of Trustees". W&J College Website. Washington & Jefferson College. Retrieved 2010-02-28.
  4. 2008 CEO Compensation for Richard T. Clark, Equilar.com
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