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John Mack Rebuffs Merck’s CEO Offer
Posted: March 29, 2005Sources close to the situation say that John Mack, the 48-year-old President of VirSci Corporation and publisher of Pharma Marketing News, rebuffed an offer to run Merck & Co., the $23 billion pharmaceutical giant."I have other mountains to climb," said Mack, according to these sources.
"I think everybody views Merck as an extraordinary management challenge," said Richard Evans, an analyst at Sanford C. Bernstein. "Everyone's going to want to see a real athlete named to the job." (WSJ)
Finding an athlete who is not already committed to climbing another mountain, however, may not be easy.