Merck has announced the appointment of Richard DeLuca Jr. as president of Merck Animal Health, effective Sept. 15. DeLuca, 48, will report to Kenneth Frazier, Merck president and chief executive officer. DeLuca also will serve on the company’s executive committee. He will succeed Raul Kohan, who will retire. Kohan will remain with the company until the end of the year, reporting to Frazier, to ensure a smooth transition.
As leader of Merck Animal Health, DeLuca will leverage the division's strong product portfolio and customer focus to capitalize on new growth opportunities, including expanding the business in emerging markets. The unit offers veterinarians, farmers, pet owners and governments a broad range of veterinary pharmaceuticals, vaccines and health management solutions and services in more than 50 countries, while its products are available in some 150 markets.
“We believe the business is well positioned in a number of fast-growing segments within the global animal health market," said Frazier. "We are delighted to welcome Rick DeLuca as the new leader of our Animal Health division, with his experience leading and growing international animal health businesses. While Merck Animal Health already has a considerable presence around the world, further global expansion of the business represents a significant long-term growth opportunity for us.
"I also want to thank Raul for his steady leadership in bringing together Intervet and Schering-Plough Animal Health and maintaining the unit's strong performance through the merger and integration of Merck and Schering-Plough to create a highly competitive and valuable animal health franchise," Frazier added.
This is a wonderful time to join Merck, with its commitment to growing its animal health business, said DeLuca. I look forward to working with the talented managers and employees in ensuring that the division is a best-in-class global animal health leader."
DeLuca served as chief financial officer of BD Biosciences since 2010. Prior to that, he was president of Wyeth's Fort Dodge Animal Health division since 2007. While at Wyeth, DeLuca led a global team with worldwide revenues of over $1 billion.
Source: Merck Animal Health