Merck KGaA has appointed Andreas Stickler as the new Head of Controlling of the company's Healthcare Business Sector. Roman Morten Werth will succeed Andreas Stickler in his current position as Head of Mergers & Acquisitions (M&A). The changes took effect February 1, 2015.
In his new role, Andreas Stickler will be responsible for the controlling of the largest of the three business sectors, which were introduced on January 1, 2015. In addition to the biopharmaceutical business, the Business Sector Healthcare also comprises the businesses Consumer Health, Biosimilars, and Allergopharma. Mr. Stickler had headed the M&A department since 2008, and in that role led major transactions, including the takeover of Millipore (2010), AZ Electronic Materials (2014), and the planned acquisition of Sigma Aldrich (announced 2014). He joined Merck KGaA in 2002, following positions at Degussa, Aventis, and Hoechst.
Mr. Werth joined the M&A department at Merck in 2008 and has played a key role in executing all major M&A projects. Prior to his career at Merck, he had worked several years at M&A departments of Siemens and Continental AG. In their new positions, Andreas Stickler and Roman Werth will both report directly to Marcus Kuhnert. chief financial officer and member of the executive board of Merck KGaA.
Source: Merck KGaA