K2 has promoted J. Wayne Merck to be its president,...

K2 has promoted J. Wayne Merck to be its president, chief executive and a company director. Richard J. Heckmann, formerly chairman and CEO, has become executive chairman. Merck’s and Heckmann’s long-term employment agreements include annual bonuses. Merck, who has been with the company since 1995, will receive an annual fee ...

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