Merck KGaA Changes Manager Incentives, But Stays Mum On Job Losses

Germany's Merck KGaA implements share-based incentive scheme for top management and vows to improve financial transparency, while discussing cost-savings with employees.

Germany's diversified biopharma Merck KGAA is overhauling top-management performance incentives to better align them with shareholder interests, and changing its financial reporting to follow internationally accepted standards, as part of an on-going restructuring program.

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