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Germany's Merck Shifts Head Again

February 26, 2007 | A version of this story appeared in Volume 85, Issue 9

Merck KGaA has named Karl-Ludwig Kley as chairman, effective April 27. Kley replaces Michael Roemer, a longtime company executive who took the position in November 2005 following the abrupt departure of Bernhard Scheuble. Kley, who has been vice chairman of Merck's executive board since last September, is credited as an architect of the company's new pharmaceutical division, Merck Serono.

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