Richard Clark (business Executive)
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Richard T. Clark is a former chairman of the Merck & Co. (MSD) pharmaceutical company, a position he held from 2007 to 2011. His previous leadership positions at Merck & Co. include CEO (2005–2010), president (2005–2009) and president of the Merck & Co. manufacturing division (2003–2005). A first generation college student, he attended
Washington & Jefferson College Washington & Jefferson College (W&J College or W&J) is a Private college, private Liberal arts colleges in the United States, liberal arts college in Washington, Pennsylvania, United States. The college traces its origin to three Presbyterian m ...
, where he majored in history and was a member of
Lambda Chi Alpha Lambda Chi Alpha (), commonly referred to as Lambda Chi, is a fraternities and sororities, collegiate fraternity in North America. With over 300,000 initiates as of 2024, it is the third-largest social fraternity in the world by number of initia ...
. He earned an MBA at the
American University The American University (AU or American) is a Private university, private University charter#Federal, federally chartered research university in Washington, D.C., United States. Its main campus spans 90-acres (36 ha) on Ward Circle, in the Spri ...
(1970) and was a lieutenant in the US Army 1970–1972. He joined Merck & Co. in 1972. He retired from the position of CEO in 2010 and retired as chairman in 2011. He was on the Washington & Jefferson College board of trustees. He is also on the board of directors of Project HOPE and was chairman from 2010 to October 2018.


Compensation

While CEO of Merck & Co. in 2008, Clark received a total compensation of $17,320,938, which included a base salary of $1,783,334, a cash bonus of $2,244,510, stocks granted of $6,811,125, options granted of $6,408,300 and other compensation of $73,669.


References

{{DEFAULTSORT:Clark, Richard American health care chief executives Businesspeople in the pharmaceutical industry 1946 births Washington & Jefferson College alumni Washington & Jefferson College trustees Kogod School of Business alumni Merck & Co. people Living people