MEET THE BOSS: Fred Hassan, Schering Plough

Chief executive tells how he transformed a company in freefall, oversaw $41.1bn merger with Merck.

In 2003, when Fred Hassan took over as chief executive at Schering-Plough, the company was in freefall and being investigated for accounting irregularities.

In 2008 he led the company to net profits of over $18.4 billion and in 2009, he successfully oversaw the $41.1 billion mega-merger with Merck.

Here, he says how the incredible turnaround happened.

http://www.arabianbusiness.com/videos/meet-boss-fred-hassan-schering-plough-341496.html

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.