Merck names Caroline Litchfield as new CFO

March 24, 2021 7:29 AM EDT

FILE PHOTO: The Merck logo is seen at a gate to the Merck & Co campus in Rahway, New Jersey, U.S., July 12, 2018. REUTERS/Brendan McDermid

(Reuters) - Merck & Co Inc said on Wednesday Caroline Litchfield will succeed Robert Davis as the company's chief financial officer from April 1.

Litchfield, who joined the company's UK business in 1990, is currently responsible for treasury, tax and investor relations. In the past, she has also led financial operations for Human Health, which is Merck's largest business.

Last month, the company had said Ken Frazier would step down as chief executive officer at the end of June and be replaced by Davis.

(Reporting by Dania Nadeem in Bengaluru; Editing by Krishna Chandra Eluri)



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