Merck KGaA's deputy chief Oschmann set to become CEO: Manager Magazin

March 20, 2015 11:51 AM

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FRANKFURT (Reuters) - Germany's Merck KGaA will promote its deputy chief executive, Stefan Oschmann, to the top job next year to replace Karl-Ludwig Kley, Manager Magazin reported on Friday, citing company sources.

The publication said Oschmann, 57, would take on the new role after the group's annual shareholder meeting in April 2016 or in September next year at the latest, when Kley's current contract expires.

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