s.src = "https://fm.cnbc.com/applications/cnbc.com/resources/files/2020/03/28/VisitorAPI.js"; for (var i in mps.response.dart.adunits) { 2 for graduating CEOs—and it's not Harvard, MIT or Wharton, It’s ‘cowardly’ not to take a stand on gun control: Yale management guru, Business leaders should take a stand on social issues such as gun violence, says Yale management guru, Merck CEO: We continue to work with Trump Administration to try and do what's good for patients, Business leaders split on taking 'a moral line' against Trump, 'It's all about him': CEO rips Trump over Charlottesville, Jamie Dimon on Trump: 'It is a leader's role ... to bring people together, not tear them apart', As Trump disbanded advisory groups, this is who was in and who was out, Larry Summers: CEOs who stay on Trump councils are on the wrong side of history, Campbell CEO resigns from Trump's manufacturing council, moments after strategic and policy forum disbands, CEOs face a 'false choice' on whether or not to stick with Trump, says Southern Company CEO, Customers respect CEOs who aren't afraid of taking a stand against neo-Nazis, ex-Bush 41 aide says, CEOs weigh risk, reward of serving on White House councils, Johnson & Johnson CEO to stay on Trump's advisory council to advocate for health care. !e;this.xhrGuids&&!this.xhrGuids[n]&&(this.xhrGuids[n]=!0,this.totalCbs+=1)}),f.on("xhr-load-removed",function(t,e){var n=""+p(t)+! Web. He also makes $20,934,500 as chairman of the board, president, and chief executive officer at Merck & co. mpsload.id = "mps-load"; After graduation at the age of 16, he entered Pennsylvania State University; he raised tadpoles and newts and sold them to local stores in order to make extra money in college. mps._adsheld.push(adunit) The watercolors Portrait of a Fortune Teller and Portrait of a Stylish Woman explore his type of illustration, which reflected increasing female sophistication. // Under Ken’s leadership, Merck is delivering innovative lifesaving medicines and vaccines as well as long-term and sustainable value to its multiple stakeholders. head = document.head || document.getElementsByTagName("head")[0], mpsload = document.createElement("script"); (function(){ var d = new Date(); Seated Woman Frazier attributes his interest in developing new drugs to improve the lives of people in developing nations to the death of his father from Alzheimer’s disease. Frazier was elected by the Board of Directors to be the next CEO on May 1, 2010, and assumed the post on January 1, 2011. mps.__intcode = "v2"; All American Speakers Bureau is a full-service talent booking agency providing information on booking Kenneth Frazier for speaking engagements, personal appearances and corporate events. On August 14, 2017, Frazier resigned from President Donald Trump’s American Manufacturing Council over the President’s public remarks in the aftermath of the “Unite the Right” rally the previous weekend in Charlottesville, Virginia sponsored by neo-Nazis, the Ku Klux Klan, and other white supremacist groups. The second of three children, Frazier grew up in the deeply impoverished neighborhood of North Philadelphia. Kenneth Carleton Frazier is a well-known American business executive, and he is the chairman and CEO of the pharmaceutical company Merck & Co. (known as MSD outside of North America). 'cag[configuration_franchise]' : 'Business News' , script.setAttribute("onerror", "setAdblockerCookie(true);"); On 17 December 1954, Kenneth Carleton Frazier was born in North Philadelphia, Pennsylvania, united states of America. Due to his professional success and his position on the board of trustees, Frazier was selected to lead the investigation of the allegations against former Penn State assistant football coach Jerry Sandusky and university officials. In 2007, Frazier accepted the role of president of Merck & Co., Inc, and was given the additional roles of CEO and chairman in 2011, making him the first African American to serve as CEO of a major pharmaceutical company. He is a member of the American Academy of Arts and Sciences, the President’s Export Council, The Business Council, the Council of the American Law Institute, and the American Bar Association. He has also led the formation of philanthropic and other initiatives that build on Merck’s 125-year plus legacy. Andrea and Kenneth Frazier have been married for decades and together are the proud parents of two children: a son James, and a daughter, Lauren. if (typeof adunit != "string") return false; Tape: 4 Story: 1 - Kenneth C. Frazier remembers his promotion to general counsel of Merck and Co., Inc. Pharmaceutical executive, lawyer, and corporate general counsel Kenneth C. Frazier was born on December 17, 1954 in Philadelphia, Pennsylvania to janitor and former sharecropper Otis Tindley Frazier and homemaker Clara Elizabeth Frazier. 'cag[brand]' : 'none' , As of October 2020, Kenneth is estimated to have a net worth of $130 million. A Division of NBCUniversal. 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The couple has two children, a daughter Lauren, and son James. Although Frazier has spent much of his professional career as a legal counsel for law firms and corporations, in 1991 the Death Penalty Representation Project asked him to serve as a pro bono litigator for James “Bo” Cochran, an African American who had been on death row since 1976 awaiting execution for the murder of grocery store assistant manager. 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Frazier has held a range of senior management positions at the company, including president of Global Human Health, Merck Manufacturing and Merck Research Laboratories, and general counsel, overseeing Merck’s legal and public affairs functions and The Merck Foundation. "We welcome the millions of dollars. Law.com. He grew up in ‘tough’ North Philly and has gone on to become the CEO of one of the largest corporations in the world. Chronicles. }; Thanks to Frazier’s representation, in 1995, the U.S. Court of Appeals overturned Cochran’s conviction. if (!mps._ext || !mps._ext.loaded) { Biography of Kenneth Frazier. document.cookie = "__adblocker=" + (adblocker ? } More CEOs joined the exodus from Trump's business councils as the president tweeted to disband them. While at Drinker he took part in work for one of the firm’s major clients, Merck and Company, the second largest pharmaceutical corporation in the United States. 'nid' : '103070714' 'https' : 'http') + '://pix.nbcuni.com/a-pii.gif?X=piiblock&S=' + mps.pagevars.instance + '&P=' + mps.pagevars.mpsid + '&A=' + i + '&U=' + encodeURIComponent(window.location.href) + '&_=' + window._mpspixZ; "Customers respect it when you take a stand and say you're on the side of right," GOP strategist Joe Watkins says. He is one of the significant decision-takers of the country who has a... Kenneth Frazier Net Worth 2020: Age, Height, Weight, Wife, Kids, Bio-Wiki, Net Worth & Salary of Kenneth Frazier in 2020, Top 10 Richest Presidents in the World 2020, Top 10 Richest People in the World 2020 – Latest Update, Top 10 Richest Black People in the World 2020, Chairman, President, And CEO Of Merck & Co(MSD). } } else { // Kenneth C. Frazier is Chairman of the Board, President and Chief Executive Officer of the Company. During his tenure as general counsel, Frazier achieved great success in leading the company through more than 5,000 lawsuits regarding the alleged harmful effects of Vioxx. President is one of the most important ministers of any country. 27 Feb. 2014; “Master of the Game,” 'is_sponsored' : '0' , 'type' : 'person' , Tape: 5 Story: 1 - Kenneth C. Frazier talks about his role as the CEO of Merck and Co., Inc. The CEO Johnson & Johnson said Tuesday that he will remain part of Trump's American Manufacturing Council. head.insertBefore(mpsload, head.firstChild) Andrea Frazier is the lovely wife of drug company exec Kenneth Frazier –the 62-year-old who called it quits from President Trump’s manufacturing council. In 1992, he joined the pharmaceutical company as one of its corporate attorneys. Early Life & Biography. After several resignations following Trump's waffling responses on violence in Charlottesville, Virginia, here are where things stand. Early Life & Biography. } He died at his home in Garrison, New York in August of 1949. var mps = mps || {}; mps._queue.gptloaded = mps._queue.gptloaded || []; Kenneth Frazier was born in Philadelphia, Pennsylvania to Otis and Clara Frazier on December 17, 1954.