“(STAT News) Merck CEO Ken Frazier said” “Given the role of medicines in society and the ethics around medicine, my personal view is that pharma CEOs can’t’ take the attitude that they’re going to maximize financial outcomes.” Well said, sir.
- Leadership is the ability to influence or guide others.
- Too many pharma CEOs are bad leaders because they fear failure, losing power, and focus too much on metrics not important to the rank and file.
- Six out of 10 employees said they feel demotivated by their CEOs; 70% say CEO pay was too high in general.
- The median CEO of the drug companies outpaced the more modest pay gains of their employees.