Help Still Wanted At Merck
Who will head Merck? Not Marty Wygod. The brash entrepreneur, who joined Merck last year when he sold his Medco distributorship to the drug company, resigned on May 24 as Medco chairman and a Merck director. His advice for finding CEO Roy Vagelos' successor: Go outside the company for an executive with "a fresh point of view." Wygod told BUSINESS WEEK he had Vagelos' backing for the post until March, when he opted out of the running. He says he lacks "the total commitment" the top job would take and wants to spend time with his family.