The Wall Street Journal Names Merck Among Top 10 Best-Managed Companies

Rhea-AI Summary

Our company, MRK, has been recognized for its strong performance and leadership, ranking No. 10 on The Wall Street Journal's list of the 250 best-managed publicly traded U.S. companies in 2023. The company advanced 78 places from the previous year, showcasing its strategic focus, innovation, and unwavering commitment to saving and improving lives. MRK also secured the No. 1 spot on Newsweek's 2024 list of America's Most Responsible Companies, highlighting its dedication to corporate citizenship and responsible operations.

We're proud to be recognized for our strong performance and unwavering commitment to patients

NORTHAMPTON, MA / ACCESSWIRE / January 29, 2024 / Our company has been recognized for our leadership and strong performance powering the work we do for patients and everyone who depends on us. We were named No. 10 on The Wall Street Journal's list of the 250 best-managed publicly traded U.S. companies in 2023, advancing 78 places from the previous year.

"This recognition reaffirms our strategic focus, innovation, hard work and collective, unwavering commitment to our purpose of saving and improving lives each and every day."

- Rob Davis
Chairman and chief executive officer

"To make the list of The Wall Street Journal's 250 best-managed companies is quite an honor," Davis said, "and to be ranked in the top 10 is especially exciting and humbling."

This year, nearly 800 companies were scored. Placement on the list is determined by a company's strength in five components:

• Customer satisfaction
• Employee engagement and development
• Innovation
• Social responsibility
• Financial strength

We placed first in customer satisfaction and were one of seven companies to score in the top 20% in each of the five components.

"Customer satisfaction is directly tied to the innovation we bring and the benefit we can deliver for patients," Davis told The Wall Street Journal.

Top ranking for corporate citizenship

In addition to our Wall Street Journal recognition, we're deeply honored to be ranked No. 1 on Newsweek's 2024 list of America's Most Responsible Companies. This marks our first time in the lead spot, a distinction that affirms our steadfast commitment to operating responsibly and doing good for people and the planet.

Learn more about Merck's sustainability strategy: https://www.merck.com/company-overview/sustainability/

View original content here.

View additional multimedia and more ESG storytelling from Merck & Co., Inc. on 3blmedia.com.

Contact Info:
Spokesperson: Merck & Co., Inc.
Website: https://www.3blmedia.com/profiles/merck-co-inc
Email: info@3blmedia.com

SOURCE: Merck & Co., Inc.

View the original press release on accesswire.com

FAQ

What is MRK's rank on The Wall Street Journal's list of the 250 best-managed publicly traded U.S. companies in 2023?

MRK ranked No. 10 on The Wall Street Journal's list of the 250 best-managed publicly traded U.S. companies in 2023.

What is MRK's rank on Newsweek's 2024 list of America's Most Responsible Companies?

MRK secured the No. 1 spot on Newsweek's 2024 list of America's Most Responsible Companies.

How many companies were scored for The Wall Street Journal's list?

Nearly 800 companies were scored for The Wall Street Journal's list.

What are the components used to determine placement on The Wall Street Journal's list?

The components include customer satisfaction, employee engagement and development, innovation, social responsibility, and financial strength.