Jeff Kindler
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Jeffrey Kindler is the CEO of the Pfizer corporation.
[edit] Background
Jeffrey Kindler graduated summa cum laude from Tufts University in 1977 and magna cum laude from Harvard Law School in 1980. He subsequently clerked for Supreme Court Justice William J. Brennan Jr. and worked at the law firm Williams & Connolly in Washington, D.C. He then moved to the corporate sector with a period as Vice President and Senior Counselor for General Electric Co. and later as Executive Vice President of Corporate Relations and General Counsel for McDonald's. He rose to become President of Partner Brands (including Boston Market and Chipotle Mexican Grill) for McDonald's until 2002, when he moved to Pfizer to serve as General Counsel. Kindler's role at Pfizer quickly took on critical importance as the company faced a vast array of generic assaults on its patents, most notably on the $12 billion drug Lipitor, and the rising threat of counterfeit drugs.
[edit] Pfizer leadership
On February 24, 2005, along with Karen Katen and David Shedlarz, Kindler was named Vice Chairman of Pfizer's board, setting off a three-way competition to succeed then-CEO Hank McKinnell. Many expected Katen, a long-time veteran of the commercial team and head of Pfizer's Human Health Group, to succeed McKinnell over the top lawyer Kindler and the top financier Shedlarz.
However, on July 28, 2006, Pfizer's board of directors selected Kindler to succeed McKinnell as CEO immediately. In choosing Kindler, a relatively new Pfizer employee, the board not only accelerated McKinnell's retirement plans but also sent a strong endorsement for change at the 150-year old company by turning down Katen and Shedlarz, both of whom had been with Pfizer for more than 30 years. Furthermore, the selection of a lawyer to the top post at the world's largest and most venerable pharmaceutical company highlighted the growing dominance of legal issues in the pharmaceutical industry.
On December 18, 2006, Kindler was elected by Pfizer's board of directors to serve as Chairman.