Friday, February 23, 2018

Will Kenilworth Look Outside The Company -- For Its Next General Counsel?


GE announced this afternoon that Michael J. Holston, the general counsel of Merck since mid-2015, is joining that vast industrial conglomerate -- as the next GC.

He had been brought in to Merck, as essentially a new hire -- from the outside, in 2012 -- (with credentials as a former US Attorney, and Morgan Lewis partner) to handle compliance at then Whitehouse Station, after the mis-steps attached largely to the Hassan-era Schering-Plough, and the yard sale that Merck (mostly) cleaned up, then and there.

So. . . will Mr. Frazier promote from within (he certainly knows the whole senior team well -- as he was the GC in an earlier incarnation)? And the need for an ex-government clean-up guy is now all but abated, so. . . who will it be?

We shall see -- I'll root for a promotion of some diverse talent from within Merck (there are several good candidates), but I imagine Mr. Frazier will select someone from outside the company, again.

Have a peaceful, productive weekend, one and all -- I know I will. . . . Grin.

नमस्ते

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