Former Merck CEO Frazier joins General Catalyst

Merck executive chairman and former chief executive Kenneth C. Frazier has joined General Catalyst to focus on healthcare start-ups.

General Catalyst, a backer of Stripe, Snap, Gusto and Warby Parker, announced the Merck executive chairman and former chief executive Kenneth C. Frazier has joined the firm as chairman of its Health Assurance Initiatives. The firm said Frazier, who stepped down as CEO from Merck in June, will focus on investments, partnerships, and provide mentorship to founders in the healthcare space.

Source: Press release