Tag: retirement

Merck announces retirement of CEO, 2020 earnings | Business News

KENILWORTH, N.J. – Merck & Co., with multiple locations in eastern Pennsylvania and New Jersey, announced fourth quarter and full year 2020 results.

The results were mixed.

However, earnings weren’t the big news Thursday morning. The big news was the announcement that chairman and CEO Kenneth C. Frazier is retiring at the end of June after almost 11 years at the helm of the pharmaceutical giant. He will remain on the board as executive director.

Frazier was one of the few Black corporate leaders of Fortune 500 companies in the U.S. He will be succeeded as CEO by Chief Financial

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Plaza clothing store closing after 40 years, owners looking forward to retirement

A clothing store on Kansas City’s Country Club Plaza is closing its doors after four decades in business. Owners Jackson Ring and Trent Slusher said Pinstripes will close Dec. 31.Ring and Slusher said in a statement that the closure is so they can enjoy the fruits of their labors. “It has been a pleasure to serve the community, and our many loyal customers, many of whom we now call dear friends,” the statement read. “We thank each of you for your support and for allowing us to live the life we imagined. It is also incredibly hard to say goodbye … Read More