MEET THE BOSS: Fred Hassan, Schering Plough

Get Adobe Flash player

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.

Join the Discussion

Disclaimer:The view expressed here by our readers are not necessarily shared by Arabian Business, its employees, sponsors or its advertisers.

Please post responsibly. Commenter Rules

  • No comments yet, be the first!

All comments are subject to approval before appearing

Most Discussed
This Week's Magazine »

Cover Story 1

Home truths: Dubai Properties Group CEO Abdullatif AlMulla
Dubai Properties Group is one of the emirate’s real estate crown jewels but has not courted the same level of press interest as Emaar or Nakheel. With epic masterplan projects including JBR, Dubailand and Business Bay and a mass land bank to develop, newly appointed Group CEO Abdullatif AlMulla looks set to spruce up the company’s profile

Also in this issue

Subscribe Now