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Pharma & Bio Ingredients
The Whitehouse Station, N.J.-based drug company also appointed Samuel Thier as lead director.
Merck's executive committee, consisting of Lawrence Bossidy and Thier, has functioned in the role typically played by a chairman since May 2005, when Raymond Gilmartin gave up his posts as chairman and CEO.
Bossidy is retiring from the board in April, pursuant to the board's policy of director retirement at age 72.
