In a deposition, he repeatedly denied having been on the call. In the interview, he mentioned that it could have been him in that situation. "[33] Frazier twice apologized for the outburst. Frazier stated, "America's leaders must honor our fundamental views by clearly rejecting expressions of hatred, bigotry and group supremacy, which run counter to the American ideal that all people are created equal.

[12] He led the company's largest group, Human Health, from 2007 until he was named president of Merck in April 2010.

[25][26] In March 2004, Pharmasset was willing to reveal details of its formulas on the call because it was led to believe everyone on the call would be subject to the confidentiality agreement.

Kenneth Carleton Frazier (born (1954-12-17)December 17, 1954) is an American business executive. [6] To make extra money in college, he raised tadpoles and newts and sold them to local stores. You may need to download version 2.0 now from the Chrome Web Store. [29], In November 2011, the Pennsylvania State University board of trustees appointed Frazier (a trustee) to serve as chairman of a special committee investigation into the child sex abuse scandal involving former assistant football coach Jerry Sandusky and allegations of a cover up by university officials. Frazier is the first African American man to lead a major pharmaceutical company (part of the Fortune 500 companies). We cannot guarantee the accuracy, [14], Frazier received a total compensation of $21,387,205 in 2014; $17,023,820 in 2015; and $21,781,200 in 2016.

[20] As of December 31, 2016, Mr. Frazier was eligible for early retirement subsidies under the Qualified Plan and SRP with a pension valued at $26,593,261. [35], Frazier was a member of President Trump's American Manufacturing Council. Tape: 3 Story: 7 - Kenneth C. Frazier remembers being one of two black partners at Drinker Biddle and Reath LLP; Tape: 3 Story: 8 - Kenneth C. Frazier talks about his role as general counsel for a joint pharmaceutical venture; Tape: 3 Story: 9 - Kenneth C. Frazier recalls his promotion to vice president of public affairs at Merck and Co., Inc.

[28] In the first two months of 2017, sales of Keytruda in the US jumped to roughly $260 million, an 80-percent increase compared with the same period the previous year, according to IMS, a data provider that tracks medicine sales. That conduct included "lying to Pharmasset, misusing Pharmasset's confidential information, breaching confidentiality and firewall agreements, and lying under oath at deposition and trial." He recanted at trial only after he was confronted with notes taken by a Pharmasset employee during the call, proving that he had participated. [6][8] In 1992, he joined Merck's public affairs division as general counsel. 2.0.jtp5sFds, Also known as: Kenneth L Mrfrazier, Kennethl Frazier, Kenneth Frazier, Presumed owner of the real estate located at, Also known as: Kenneth K Frazier, Kenny Frazier, Ken Frazier, Also known as: Lauren Ashton Bush, Lauren A Bush, L A Bush, Also known as: Kenneth L Frazier, Kenneth Le Frazier, Kenneth Leon Frazier, Also known as: Kenny Frazier JR, Robert K Frazier JR, Robert Kenneth Frazier JR, Also known as: Kennth Frazier, Ken L Frazier, Kenneth L Fraizer, Also known as: Kenneth F Frazier, Ken E Frazier, Kenneth Fraizer, Also known as: Kenny A Fraizer, Cecelia D Cook, Cecilia D Cook, Also known as: Kenneth J Frazier JR, Kenneth J Frazier, Julie T Lynn, Also known as: Kennneth Frazier, Kenneth C Fraizer, Also known as: Kennith R Frazier, Kenneth Fracier, Also known as: Kenneth E Frazier, Kenneth Frazer.

Merck will make an initial payment of $625 million to Bristol and Japan's Ono. [12] As general counsel, he was credited with overseeing the company's defense against claims that the anti-inflammatory drug Vioxx had caused heart attacks and strokes.

[12], In 2006, Frazier was promoted to executive vice president in addition to his role as general counsel. [11] He has placed special emphasis on improving treatments for Alzheimer's disease. Full Name, Age, Job and Education Records, Relatives, Associates, Neighbors, Marriage & Divorce, Social Media & Photos from around the World, Estimated values of property, vehicles, aircraft and watercraft, People sometimes make mistakes in spelling last names. In 1997, Cochran was retried and found not guilty. [23][23], In July 2016, Frazier sold 60,000 shares of the firm's stock. In May 2013, he delivered the keynote speech at the ALI Annual Dinner. Therefore, cannot be used for any purpose covered by the FCRA, Text on is available under CC BY-NC-SA 3.0 license unless

Durette lied about being on the conference call under oath and then Merck's legal team advised him to blame it on poor memory. But the participants included Merck patent attorney Phillippe Durette, who wasn't firewalled and was in a position to turn what he heard into a potential goldmine for Merck. He resigned from the Council on August 14, 2017,[36] following the violent 2017 Unite the Right rally in Virginia.

Here they are",, "Kenneth C. Frazier: The World's 100 Most Influential People", "New Merck CEO Kenneth C. Frazier has Philadelphia roots", "Merck New CEO Frazier Vows Innovation, Wider Markets", "President Obama Announces More Key Administration Posts", "Merck elevates Frazier to succeed Clark as CEO", "Another Lawyer Done Good: Merck Names Frazier CEO", "CEO: Risks Key for Merck to Succeed, Help Patients", "Biographical Info on Merck CEO-Elect Frazier", "Merck's CEO to get $1.5 million yearly, incentives", "Compensation Information for Kenneth C. Frazier, Chairman, President and Chief Executive Officer of MERCK & CO |", "Stock Quotes & Company News |", "MRK Major Holders | Merck & Company, Inc. (new) Stock – Yahoo Finance",, "Biopharma execs have big presence among top-paid CEOs", "Merck & Co. (MRK) CEO Kenneth C. Frazier Sells 60,000 Shares", "Big Pharma bombshell: Judge finds Merck lied in patent trial, overturns $200-million verdict", "Merck, Bristol-Myers agree to settle Keytruda patent suit", "A Merck Lawyer's 'Failed Memory Rings Hollow,' Judge Rules", "Committee promises thorough investigation of sex abuse at PSU", Penn State appoints Kenneth Frazier to lead special committee investigating child sex-abuse scandal, "Penn State trustee Ken Frazier fires back at Freeh Report critics", Penn State trustee Frazier bashes critics, dismisses Paterno report in spat with candidate, "Apology of the Week: Penn State Trustee and Merck & Co. CEO Kenneth Frazier Apologizes", "Remarks by Kenneth C. Frazier at ALI Annual Dinner", "CEOs of Under Armour, Intel & Merch [sic] quit Trump's manufacturing council", "Trump Attacks Merck Chief Kenneth Frazier for Quitting Advisory Panel", "Merck CEO Kenneth Frazier: George Floyd 'could be me, "Jefferson Receives $5 Million Gift to Create Stroke Initiative with Temple", "$5M donation from Merck CEO, wife to support stroke care at Jefferson Health",, Creative Commons Attribution-ShareAlike License, This page was last edited on 28 September 2020, at 12:02. [10] Frazier, then a partner at Drinker Biddle, and two colleagues took the case. Completing the CAPTCHA proves you are a human and gives you temporary access to the web property.