Milan Panić
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Milan Panic (Serbian: Милан Панић) (born 1929) is a Serbian-American Newport Beach and Pasadena, California-based business tycoon. He founded ICN Pharmaceuticals in the late 1950s and led it, as Chairman, CEO, and President ICN Pharmaceuticals, to annual sales exceeding $672 million (USD) in 1997. After numerous run-ins with the Securities & Exchange Commission and six different sexual harassment suits filed by former employees, he was pressured to resign by ICN's Board of Directors. He later bought an ICN subsidiary and changed its name to MP Biomedicals, which is headquartered in Newport Beach, California. Panic has other business entities and investments in the U.S. and internationally.
Panic, with the permission of President Bill Clinton, served as Prime Minister of the former Federal Republic of Yugoslavia from 1992-93. In 1992, he ran for President of Serbia, finishing second behind Slobodan Milosevic.
Panic is married to mezzo-soprano Milena Kitic, herself a native of Belgrade.
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Preceded by: Aleksandar Mitrovic Acting Prime Minister of Yugoslavia |
Prime Minister of Yugoslavia 1992–1993 |
Succeeded by: Radoje Kontic |