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Article: Fred Hassan Elected CEO of Schering-Plough, To Be Elected Chairman of the Board.
- Article from:
- PR Newswire
- Article date:
- April 20, 2003
CopyrightCOPYRIGHT 2003 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Schering-Plough Corporation today announced that its Board of Directors has elected Fred Hassan to be the company's chief executive officer (CEO) and president, effective immediately. The Board intends to elect Hassan, 57, a director and chairman of Schering-Plough's Board of Directors on April 22, 2003, following the company's annual meeting. Hassan succeeds Richard Jay Kogan, Schering-Plough's former CEO and president, who announced his intention to retire in November 2002.
"Today marks the beginning of a new era for Schering-Plough. Fred Hassan is a proven leader, with the experience, business acumen and organizational skills to fully realize the potential ...