Peter R. Dolan

From Wikipedia, the free encyclopedia

Peter R. Dolan (born 1956) is a former chief executive officer of Bristol-Myers Squibb.

Contents 1 Bristol-Myers Squibb 2 Other positions 3 Education 4 Other Achievements

[edit] Bristol-Myers Squibb

Peter Dolan was reluctantly named CEO of Bristol-Myers Squibb (BMY) on May 1, 2001, as the hand-picked successor of Charles Heimbold -- whose relative Peter married, and was the seventh CEO since the company was founded in 1887. He was elected chairman of the Board of Directors on September 12, 2001. Dolan joined Bristol-Myers Squibb in 1988 in the over-the-counter products division. Subsequently, he held senior leadership positions in the company’s various businesses, including consumer medicines, nutritionals, medical devices and pharmaceuticals. He became president of the company and a member of its Board of Directors in January 2000.

On September 12, 2006, a federal monitor urged for Dolan to be removed due to a mishandled attempt to settle a patent dispute over the drug Plavix. Later on the same day, it was announced that Dolan would step down as CEO.^[1]

Dolan was replaced by James Cornelius, who was selected by the BMS board to serve as interim CEO. In addition, he has relinquished his positions on the Board of American Express and the presidency of the Pharmaceutical Research and Manufacturers of America.

[edit] Other positions

Dolan is a member of the Board of Directors of C-Change (formerly the National Dialogue on Cancer), the National Center on Addiction and Substance Abuse at Columbia University, and the Pharmaceutical Research and Manufacturers of America. He is a trustee of Tufts University and a member of the Board of Overseers of the Amos Tuck School of Business at Dartmouth College. He is also a member of the Business Council and the Business Roundtable.

[edit] Education

Dolan received his high school diploma from St. John's Preparatory School in Danvers, Massachusetts. He was awarded the distinguished alumnus award from St. John's at the commencement exercises on May 20, 2007. Dolan holds a Bachelor of Arts degree from Tufts University and a Master of Business Administration degree from the Amos Tuck School of Business Administration at Dartmouth.

[edit] Other Achievements

Dolan and his wife, Katie, recently completed the 2007 Hawaii "Kona Crosswinds" Ironman.