"Leading Responsibly in Healthcare"
TBD/ Katie O'Toole
The Penn Stater, President's Hall
Richard T. Clark is retired chairman and CEO of Merck. He served as chairman from April 2007 until December 2011. Mr. Clark was CEO of Merck from May 2005 through December 2010. He also was president of Merck from 2005 until May 2010.
Previously, Mr. Clark held the position of president of the Merck Manufacturing Division, with responsibility for Merck's global network of manufacturing operations, information services and operational excellence organizations worldwide.
In a career spanning 39 years with Merck, Mr. Clark also held a broad range of senior management positions within the company's manufacturing organization. Mr. Clark joined Merck in 1972 as a quality control inspector, and he progressed through a series of increasingly responsible roles in the areas of production, new products planning, industrial engineering and management engineering. He became vice president, Materials Management and Management Engineering in 1991.
In 1993, Mr. Clark was appointed vice president, Procurement and Materials Management. He became vice president of North American Operations for the Merck Manufacturing Division in 1994 and senior vice president in 1996. In 1997, he was appointed senior vice president of Quality and Commercial Affairs. Later that year, Mr. Clark joined the Merck-Medco Managed Care subsidiary as executive vice president and chief operating officer. He later served as chairman, president and chief executive officer of the newly named Medco Health Solutions, overseeing plans to prepare that organization to become a publicly traded company. He returned to the Merck Manufacturing Division as president in June 2003.
From 2008 to 2009 he served as board chairman of the Pharmaceutical Research and Manufacturers of America (PhRMA), which represents the country's leading pharmaceutical research and biotechnology companies. Mr. Clark is chairman of Project Hope, an international health care organization that works in developing countries to help eradicate infectious diseases, train health professionals and educate parents and their children on how to prevent and treat diseases. Mr. Clark is also a member of the Board of Trustees of PENN Medicine, an enterprise consisting of the University of Pennsylvania School of Medicine and the University of Pennsylvania Health System, which is dedicated to medical education, biomedical research and excellence in patient care. He also serves on the American Securities Advisory Board, Automatic Data Processing, Inc. (ADP) Board of Directors, Corning Board of Directors, and the Washington & Jefferson College Board of Trustees.
Mr. Clark earned his bachelor's degree in liberal arts from Washington & Jefferson College, and his M.B.A. from American University. He served as a lieutenant in the U.S. Army from 1970 to 1972 before joining Merck.
*This installment of the Penn State Forum is made possible in part by the Jon W. Oswald Lecture Endowment