Healthcare Magazine November 2017 | Page 30

05 KENNETH FRAZIER

Kenneth Frazier is the CEO of Merck & Co , a company founded in New York in 1891 , which now employs 55,200 people . Merck & Co made $ 39.80bn in 2016 . Frazier joined the company in 1992 . Prior to this , he worked as a lawyer specialising in public affairs . In 2011 , Frazier became CEO and his take-home pay in 2016 totalled $ 17mn .

06 JOSEPH JIMENEZ Joseph Jimenez is the current CEO of Novartis , a company which resulted from the merger of Cieba-Geigy and Sandoz Pharmaceutical in 1996 . It now employs 118,700 people and made $ 48.52bn in 2016 . Jimenez joined Novartis in 2007 as Division Head before being made CEO in 2010 . His previous experience included having been head of HJ Heinz Company ’ s North American company from 2002-2006 . In 2016 , Jimenez took home $ 14.15mn . 30 November 2017