14.10.2015 • NewsChairmanDede Willamshealthcare

Stefan Oschmann to Head Germany’s Merck

Stefan Oschmann has been named as new chief executive of Germany’s Merck...
Stefan Oschmann has been named as new chief executive of Germany’s Merck KGaA, succeeding current CEO Karl-Ludwig Kley, who will retire following the German chemical and pharmaceutical producer’s annual general meeting on Apr. 29, 2016.

Stefan Oschmann has been named as new chief executive of Germany’s Merck KGaA, succeeding current CEO Karl-Ludwig Kley, who will retire following the German chemical and pharmaceutical producer’s annual general meeting on Apr. 29, 2016. A member of the Merck executive board since 2011, the 58-year-old manager was initially in charge of the pharmaceutical business. At the beginning of 2015, he was named deputy chairman and CEO, responsible for strategy and innovation.

During the nine-year tenure of the now 64-year-old Kley as head of Merck, the company has gone through the biggest transformation in its almost 350-year history, said Johannes Baillou, chairman of the Board of Partners at E. Merck, parent of the Merck group. 

From a company with a diverse portfolio in pharma and chemicals in 2006, Baillou noted that Merck has evolved into a specialized high-tech company in healthcare, life science and performance materials. Following mergers and acquisitions worth about €38 billion as well as organic growth, sales this year are expected to be twice the 2005 level. Two change programs have resulted in a leaner organization capable of driving innovation more efficiently.

Special Issue

Circular Plastics Economy
Explore the Future of Plastics

Circular Plastics Economy

This special CHEManager issue explores the industry’s pivotal shift towards a more sustainable, circular plastics value chain. Readers will find expert analysis and real-world solutions for today’s most pressing recycling and regulatory challenges.

Innovation Pitch

The Start-up Platform for Chemistry & Life Sciences
Discover Tomorrow’s Innovators

The Start-up Platform for Chemistry & Life Sciences

CHEManager Innovation Pitch supports innovation in the chemistry and life sciences start-up scene. The platform allows founders, young entrepreneurs, and start-ups to present their companies to the industry.

most read

Photo
28.07.2025 • NewsChemistry

VCI Welcomes US-EU Customs Deal

The German Chemical Industry Association (VCI) welcomes the fact that Ursula von der Leyen, President of the European Commission, and US President Donald Trump have averted the danger of a trade war for the time being.