DARMSTADT, GERMANY: Merck declared that it has made new appointments to several executive positions. These appointments involve transfers between the businesses and group functions, effective on 1 April.
Michael Heckmeier (49), currently head of the pigments & functional materials business unit, will become head of the display materials business unit within performance materials segment. Display materials include the liquid crystals business, in which Merck is the long-standing market and technology leader.
Friedhelm Felten (51), who previously headed group procurement, will succeed Heckmeier as head of the pigments & functional materials business unit.
Both Heckmeier and Felten will report to Walter Galinat, CEO of performance materials and member of the executive board.
Felten will be succeeded as chief procurement officer (CPO) by Joachim Christ (52), currently head of group controlling & risk management, also a candidate from within the company. In his new position, Joachim Christ will report to Kai Beckmann, chief administration officer (CAO) and member of the executive board. The successor to Joachim Christ as head of group controlling will be announced in due course.
“We place a high priority on further developing our employees and executives. The intended exchange between group functions and businesses is of mutual benefit and advances Merck overall,” said Kai Beckmann, whose executive board responsibilities include human resources and procurement.
“The moves show that Merck employees can grow both within a business sector and across functions and businesses. We are pleased that we could fill these positions with experienced managers from within the company,” said Walter Galinat in reference to the important new appointments.
Read More: Merck announces changes in executive management
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