MEET THE BOSS: Fred Hassan, Schering Plough

Get Adobe Flash player
Healthcare

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

Changing lanes
Double Olympic gold medallist and former British politician Sebastian Coe has become the face of world athletics during one of the its toughest eras. With his experience as chairman of leading sports media agency CSM, he talks candidly about corruption, doping allegations and the Gulf’s potential to become an international sporting destination.

Also in this issue

Subscribe Now

sponsoredTracking