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
Oct 27, 2025
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

At the request of the copyright holder, you need to log in to view this content

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10