Connect with us at www.abbott.com, on LinkedIn at www.linkedin.com/company/abbott-/, on Facebook at www.facebook.com/Abbott and on Twitter @AbbottNews and @AbbottGlobal. [1][2], He is the chairman of the board of trustees of the Culver Educational Foundation, and is on the board of trustees of Northwestern University. [11], In 2017 White earned $1.9 million in base compensation and over $13.5 million in bonuses, stocks, options and other compensation. Mr. White was named Chairman and Chief Executive Officer in 1998. "One of the primary goals in my career has been to leave the Company well positioned for the people who count on us. "It is a tremendous honor to have the opportunity to lead Abbott," said Mr. Ford. Mr. White, who joined Abbott in 1984, served as Abbott's Chairman and Chief Executive Officer from 1999 to 2020. Mr. Ford will become the 13th CEO of Abbott in its 131-year history, all having been appointed from within the Company, a testament to Abbott's strong management philosophy and succession-planning discipline.

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He was also named a “Life Member” of Northwestern’s business school the Kellogg School of Management. Mr. White's bold strategic thinking and transformative actions have consistently made Abbott one of the world's most admired companies. [12] He ranked 72 in a list of highest-paid executives at S&P 500 companies for the 2017 fiscal year. He went to Culver Military Academy at age 13.

He holds two degrees from Stanford University, a bachelor's degree in mechanical engineering and an MBA.

"He embodies the values of the Company in every respect and his impact on employees, shareholders, and most importantly, patients, will continue for years to come. Miles D. White (right), Robert B. Ford (left). Links which take you out of Abbott worldwide websites are not under the control of Abbott, and Abbott is not responsible for the contents of any such site or any further links from such site. Mr. White also spun out two highly successful companies, Hospira in 2004 (which was acquired by Pfizer in 2015), and AbbVie in 2013, which is a Fortune 100 company today. He will remain Executive Chairman of the Board.

"I thank Miles for his mentorship, and I look forward to working with my colleagues to do what Abbott people do best – anticipate where science, medicine and technology are going and innovate to best serve our customers, shareholders and communities.". [13], White currently serves on the board of directors of McDonald's and Caterpillar Inc.[1] He is a former chairman of the Federal Reserve Bank of Chicago, the Economic Club of Chicago and the Pharmaceutical Research and Manufacturers of America. [10] Hospira was later purchased by Pfizer.

No use of any Abbott trademark, trade name, or trade dress in this site may be made without the prior written authorization of Abbott, except to identify the product or services of the company. Mr. Ford currently serves as President and Chief Operating Officer and has been elected to the Board.
[4][9] He has created two public companies as the CEO of Abbott, AbbVie and Hospira. He went to Culver Military Academy at age 13. Today, the Company is the strongest it has been during my tenure, and I am confident that Robert will lead Abbott successfully into the future. "I am honored to have had the privilege to lead such a great institution and to have worked with so many talented individuals over the years," said Mr. White. [1] He currently serves as executive chairman of Abbott Laboratories.

In addition to being Executive Chairman of the Abbott Board of Directors, Mr. White currently serves on the boards of Caterpillar Inc., and McDonald's Corporation.

Unless otherwise specified, all product and service names appearing in this Internet site are trademarks owned by or licensed to Abbott, its subsidiaries or affiliates. Such opportunities inculcated White with the keen aw… Mr. Ford originally joined Abbott in the Company's Diabetes Care business in 1996.

[1][2][3], White started his career as a consultant at McKinsey & Co..[1] He joined Abbott in 1984, serving there in management positions including Senior Vice President of Diagnostic Operations and Executive Vice President. [8] He has also been praised for increasing the global stature and valuation of Abbott and expanding the company's worldwide sales.

He spearheaded one of the most successful acquisitions in the pharmaceutical industry, purchasing BASF's Knoll pharmaceutical business in 2001. About Abbott:Abbott is a global healthcare leader that helps people live more fully at all stages of life. The website that you have requested also may not be optimized for your screen size. Abbott is providing these links to you only as a convenience, and the inclusion of any link does not imply endorsement of the linked site by Abbott.

As Executive Vice President of Medical Devices, he oversaw the integration of St. Jude Medical, Abbott's largest acquisition, and led Abbott's Diabetes Care business and the launch of FreeStyle® Libre. [1][2][15], In November 2019, White announced that he would be stepping down from his role as chief executive officer at Abbott on March 31, 2020, while remaining executive chairman on the company's board. "We are deeply grateful for the leadership and strategic direction Miles has provided over the past two decades," said William A. Osborn, lead director and chair of the Nominations and Governance Committee of Abbott's Board of Directors. As a result, the site may contain information on pharmaceuticals, medical devices and other products or uses of those products that are not approved in other countries or regions. Please be aware that the website you have requested is intended for the residents of a particular country or region, as noted on that site. Under his leadership, he has created approximately $200 billion in shareholder value. No use of any Abbott trademark, trade name, or trade dress in this site may be made without the prior written authorization of Abbott, except to identify the product or services of the company. The Board has unanimously appointed Robert B. Ford, a 23-year Abbott veteran, to succeed Mr. White as CEO. He has positioned Abbott well for continued top-tier growth and innovation and we thank him for his countless contributions. [1][2][3] As of November 2019, White's tenure is the second longest for a non-founder CEO among the S&P 100. Mr. Ford has served in many leadership roles within the Company, including in the Nutrition and Medical Device businesses. The Chairmen and CEO of Abbott Laboratories, a diversified pharmaceuticals health care company, lives here. Abbott Announces Robert B. Ford to Succeed Miles D. White as Chief Executive Officer on March 31, 2020, - Mr. White will remain Executive Chairman of the Board, - Mr. Ford has been elected to the Abbott Board, For further information: Abbott Media: Scott Stoffel, (224) 668-5201, Abbott Financial: Michael Comilla, (224) 668-1872.

Abbott is providing these links to you only as a convenience, and the inclusion of any link does not imply endorsement of the linked site by Abbott. Links which take you out of Abbott worldwide websites are not under the control of Abbott, and Abbott is not responsible for the contents of any such site or any further links from such site. The estimated Net Worth of Miles D White is at least $496 Million dollars as of …
Mr. White also spun out two highly successful companies, Hospira in … Miles D. White is Executive Chairman of the Board of Abbott, a global healthcare company with a leading portfolio of products and technologies in diagnostics, medical devices, nutritionals and branded generic pharmaceuticals.

[1][2][3], Miles White was born in Minneapolis, Minnesota. He was appointed President and Chief Operating Officer in October 2018. Miles D. White is a businessperson who has been at the head of 7 different companies and occupies the position of Executive Chairman for Abbott Laboratories and Chairman & Chief Executive Officer of Abbott Laboratories Ltd. (a subsidiary of Abbott Laboratories). Unless otherwise specified, all product and service names appearing in this Internet site are trademarks owned by or licensed to Abbott, its subsidiaries or affiliates. That transaction brought with it the industry-leading drug, Humira®1. 1 Humira is a registered trademark of AbbVie, Inc.

[19][20] He was also recognized as one of the world's 30 Best CEO's by Barron's for 11 consecutive years.

Miles D. White is Executive Chairman of the Board of Abbott, a global healthcare company with a leading portfolio of products and technologies in diagnostics, medical devices, nutritionals and branded generic pharmaceuticals.

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