BRIEF-Organon Appoints Company Executive Joseph Morrissey As Interim CEO And Board Chair Carrie Cox As Executive Chair Announces Results Of Audit Committee Investigation

Reuters

2025/10/27

BRIEF-Organon Appoints Company Executive Joseph Morrissey As Interim CEO And Board Chair Carrie Cox As Executive Chair Announces Results Of Audit Committee Investigation

Organon & Co OGN.N:

ORGANON APPOINTS COMPANY EXECUTIVE JOSEPH MORRISSEY AS INTERIM CEO AND BOARD CHAIR CARRIE COX AS EXECUTIVE CHAIR; ANNOUNCES RESULTS OF AUDIT COMMITTEE INVESTIGATION
ORGANON & CO - APPOINTS JOSEPH MORRISSEY AS INTERIM CEO
ORGANON & CO - KEVIN ALI RESIGNS AS CEO AND BOARD MEMBER
ORGANON: INVESTIGATION FOUND THAT SOME WHOLESALERS IN US WERE ASKED TO BUY MORE NEXPLANON THAN NEEDED AT END OF Q4 2022, Q3 & Q4 2024, Q1, Q2, Q3 2025
ORGANON: INVESTIGATION FOUND NEXPLANON SALES REPRESENTED LESS THAN 1% OF CO'S CONSOLIDATED REVENUE FOR YEAR ENDED DEC 31, 2022 OR DEC 31, 2024
ORGANON & CO: FINDINGS TO DATE DO NOT NECESSITATE A RESTATEMENT OR REVISION TO ANY PREVIOUSLY ISSUED FINANCIAL STATEMENTS
ORGANON & CO: TAKING REMEDIAL ACTIONS TO IMPROVE ITS FINANCIAL CONTROLS AND ADDRESS ANY MATERIAL WEAKNESSES
ORGANON & CO: IN CONNECTION WITH INVESTIGATION, TERMINATED EMPLOYMENT OF HEAD OF U.S. COMMERCIAL & GOVERNMENT AFFAIRS
ORGANON & CO: THERE HAS BEEN NO FINDING THAT CFO WAS AWARE OF IMPROPER WHOLESALER SALES PRACTICES
ORGANON & CO: INITIATING A SEARCH FOR A PERMANENT CEO, INCLUDING BOTH INTERNAL AND EXTERNAL CANDIDATES
ORGANON & CO: IMPROPER NEXPLANON SALES PRACTICES ENABLED CO TO MEET GUIDANCE AND/OR CERTAIN EXTERNAL REVENUE EXPECTATIONS

Source text: ID:nBw6cK19Ha

Further company coverage: OGN.N

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Co <span>OGN.N</span>:</p><ul><li><p>ORGANON APPOINTS COMPANY EXECUTIVE JOSEPH MORRISSEY AS INTERIM CEO AND BOARD CHAIR CARRIE COX AS EXECUTIVE CHAIR; ANNOUNCES RESULTS OF AUDIT COMMITTEE INVESTIGATION</p></li><li><p>ORGANON &amp; CO - APPOINTS JOSEPH MORRISSEY AS INTERIM CEO</p></li><li><p>ORGANON &amp; CO - KEVIN ALI RESIGNS AS CEO AND BOARD MEMBER</p></li><li><p>ORGANON: INVESTIGATION FOUND THAT SOME WHOLESALERS IN US WERE ASKED TO BUY MORE NEXPLANON THAN NEEDED AT END OF Q4 2022, Q3 &amp; Q4 2024, Q1, <a href=\"https://laohu8.com/S/QTWO\">Q2</a>, Q3 2025</p></li><li><p>ORGANON: INVESTIGATION FOUND NEXPLANON SALES REPRESENTED LESS THAN 1% OF CO'S CONSOLIDATED REVENUE FOR YEAR ENDED DEC 31, 2022 OR DEC 31, 2024</p></li><li><p>ORGANON &amp; CO: FINDINGS TO DATE DO NOT NECESSITATE A RESTATEMENT OR REVISION TO ANY PREVIOUSLY ISSUED FINANCIAL STATEMENTS</p></li><li><p>ORGANON &amp; CO: TAKING REMEDIAL ACTIONS TO IMPROVE ITS FINANCIAL CONTROLS AND ADDRESS ANY MATERIAL WEAKNESSES</p></li><li><p>ORGANON &amp; CO: IN CONNECTION WITH INVESTIGATION, TERMINATED EMPLOYMENT OF HEAD OF U.S. COMMERCIAL &amp; GOVERNMENT AFFAIRS</p></li><li><p>ORGANON &amp; CO: THERE HAS BEEN NO FINDING THAT CFO WAS AWARE OF IMPROPER WHOLESALER SALES PRACTICES</p></li><li><p>ORGANON &amp; CO: INITIATING A SEARCH FOR A PERMANENT CEO, INCLUDING BOTH INTERNAL AND EXTERNAL CANDIDATES</p></li><li><p>ORGANON &amp; CO:  IMPROPER NEXPLANON SALES PRACTICES ENABLED CO TO MEET GUIDANCE AND/OR CERTAIN EXTERNAL REVENUE EXPECTATIONS</p></li></ul><p>Source text: <span>ID:nBw6cK19Ha</span></p><p>Further company coverage: <span>OGN.N</span></p></body></html>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>BRIEF-Organon Appoints Company Executive Joseph Morrissey As Interim CEO And Board Chair Carrie Cox As Executive Chair Announces Results Of Audit Committee Investigation</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBRIEF-Organon Appoints Company Executive Joseph Morrissey As Interim CEO And Board Chair Carrie Cox As Executive Chair Announces Results Of Audit Committee Investigation\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1032215980\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2025-10-27 21:15</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html xmlns=\"http://www.w3.org/1999/xhtml\"><head><title>BRIEF-Organon Appoints Company Executive Joseph Morrissey As Interim CEO And Board Chair Carrie Cox As Executive Chair Announces Results Of Audit Committee Investigation</title></head><body><p>Organon &amp; Co <span>OGN.N</span>:</p><ul><li><p>ORGANON APPOINTS COMPANY EXECUTIVE JOSEPH MORRISSEY AS INTERIM CEO AND BOARD CHAIR CARRIE COX AS EXECUTIVE CHAIR; ANNOUNCES RESULTS OF AUDIT COMMITTEE INVESTIGATION</p></li><li><p>ORGANON &amp; CO - APPOINTS JOSEPH MORRISSEY AS INTERIM CEO</p></li><li><p>ORGANON &amp; CO - KEVIN ALI RESIGNS AS CEO AND BOARD MEMBER</p></li><li><p>ORGANON: INVESTIGATION FOUND THAT SOME WHOLESALERS IN US WERE ASKED TO BUY MORE NEXPLANON THAN NEEDED AT END OF Q4 2022, Q3 &amp; Q4 2024, Q1, <a href=\"https://laohu8.com/S/QTWO\">Q2</a>, Q3 2025</p></li><li><p>ORGANON: INVESTIGATION FOUND NEXPLANON SALES REPRESENTED LESS THAN 1% OF CO'S CONSOLIDATED REVENUE FOR YEAR ENDED DEC 31, 2022 OR DEC 31, 2024</p></li><li><p>ORGANON &amp; CO: FINDINGS TO DATE DO NOT NECESSITATE A RESTATEMENT OR REVISION TO ANY PREVIOUSLY ISSUED FINANCIAL STATEMENTS</p></li><li><p>ORGANON &amp; CO: TAKING REMEDIAL ACTIONS TO IMPROVE ITS FINANCIAL CONTROLS AND ADDRESS ANY MATERIAL WEAKNESSES</p></li><li><p>ORGANON &amp; CO: IN CONNECTION WITH INVESTIGATION, TERMINATED EMPLOYMENT OF HEAD OF U.S. COMMERCIAL &amp; GOVERNMENT AFFAIRS</p></li><li><p>ORGANON &amp; CO: THERE HAS BEEN NO FINDING THAT CFO WAS AWARE OF IMPROPER WHOLESALER SALES PRACTICES</p></li><li><p>ORGANON &amp; CO: INITIATING A SEARCH FOR A PERMANENT CEO, INCLUDING BOTH INTERNAL AND EXTERNAL CANDIDATES</p></li><li><p>ORGANON &amp; CO:  IMPROPER NEXPLANON SALES PRACTICES ENABLED CO TO MEET GUIDANCE AND/OR CERTAIN EXTERNAL REVENUE EXPECTATIONS</p></li></ul><p>Source text: <span>ID:nBw6cK19Ha</span></p><p>Further company coverage: <span>OGN.N</span></p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU2065170008.USD","symbol_name":"M&G (LUX) GLOBAL MAXIMA \"A\" (USD) INC","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20251027:nTUAC3JM4K:1","article_id":"2578641401","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2578641401","pubTimestamp":1761570906,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"BRIEF-Organon Appoints Company Executive Joseph Morrissey As Interim CEO And Board Chair Carrie Cox As Executive Chair Announces Results Of Audit Committee InvestigationOrganon & Co OGN.N:ORGANON APPO","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"LU2065170008.USD":"M&G (LUX) GLOBAL MAXIMA \"A\" (USD) INC","OGN":"Organon & Co","LU2065171311.SGD":"M&G (LUX) GLOBAL MAXIMA \"A\" (SGD) ACC","BK4559":"巴菲特持仓","LU2065169927.USD":"M&G (LUX) GLOBAL MAXIMA \"A\" (USD) ACC","BK4007":"制药","LU2065171402.SGD":"M&G (LUX) GLOBAL MAXIMA \"A\" (SGD) INC","BK4588":"碎股","BK4585":"ETF&股票定投概念"},"translate_title":"简报-Organon任命公司高管Joseph Morrissey为临时首席执行官，董事会主席Carrie Cox为执行主席宣布审计委员会调查结果","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"OGN":0.9},"content_text":"BRIEF-Organon Appoints Company Executive Joseph Morrissey As Interim CEO And Board Chair Carrie Cox As Executive Chair Announces Results Of Audit Committee InvestigationOrganon & Co OGN.N:ORGANON APPOINTS COMPANY EXECUTIVE JOSEPH MORRISSEY AS INTERIM CEO AND BOARD CHAIR CARRIE COX AS EXECUTIVE CHAIR; ANNOUNCES RESULTS OF AUDIT COMMITTEE INVESTIGATIONORGANON & CO - APPOINTS JOSEPH MORRISSEY AS INTERIM CEOORGANON & CO - KEVIN ALI RESIGNS AS CEO AND BOARD MEMBERORGANON: INVESTIGATION FOUND THAT SOME WHOLESALERS IN US WERE ASKED TO BUY MORE NEXPLANON THAN NEEDED AT END OF Q4 2022, Q3 & Q4 2024, Q1, Q2, Q3 2025ORGANON: INVESTIGATION FOUND NEXPLANON SALES REPRESENTED LESS THAN 1% OF CO'S CONSOLIDATED REVENUE FOR YEAR ENDED DEC 31, 2022 OR DEC 31, 2024ORGANON & CO: FINDINGS TO DATE DO NOT NECESSITATE A RESTATEMENT OR REVISION TO ANY PREVIOUSLY ISSUED FINANCIAL STATEMENTSORGANON & CO: TAKING REMEDIAL ACTIONS TO IMPROVE ITS FINANCIAL CONTROLS AND ADDRESS ANY MATERIAL WEAKNESSESORGANON & CO: IN CONNECTION WITH INVESTIGATION, TERMINATED EMPLOYMENT OF HEAD OF U.S. COMMERCIAL & GOVERNMENT AFFAIRSORGANON & CO: THERE HAS BEEN NO FINDING THAT CFO WAS AWARE OF IMPROPER WHOLESALER SALES PRACTICESORGANON & CO: INITIATING A SEARCH FOR A PERMANENT CEO, INCLUDING BOTH INTERNAL AND EXTERNAL CANDIDATESORGANON & CO:  IMPROPER NEXPLANON SALES PRACTICES ENABLED CO TO MEET GUIDANCE AND/OR CERTAIN EXTERNAL REVENUE EXPECTATIONSSource text: ID:nBw6cK19HaFurther company coverage: OGN.N","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"executive,event","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}