| Milan Panić Милан Панић |
|
|---|---|
| 1st Prime Minister of the Federal Republic of Yugoslavia | |
| In office 14 July 1992 – 9 February 1993 |
|
| President | Dobrica Ćosić |
| Preceded by | Position established |
| Succeeded by | Radoje Kontić |
| Personal details | |
| Born | December 20, 1929 Belgrade, Kingdom of Yugoslavia |
| Nationality | Serbian American |
| Political party | Non-party |
| Spouse(s) | Milena Kitić |
| Religion | Serbian Orthodox |
Milan Panić or Milan Panic (Serbian Cyrillic: Милан Панић) (born 20 December 1929 in Belgrade in the Kingdom of Yugoslavia) is a Serbian American multimillionaire, a Newport Beach and Pasadena, California-based business tycoon. He served as Prime Minister of the Federal Republic of Yugoslavia from 1992-1993. He ran for President of Serbia in 1992 but lost to Slobodan Milošević.[1]
He founded ICN Pharmaceuticals in the late 1950s and led it, as Chairman, CEO, and President, to annual sales exceeding $672 million (USD) in 1997.[2] After numerous run-ins with the Securities and Exchange Commission - including 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 Solon, Ohio. Panić has other business entities and investments in the U.S. and internationally.
Panić is married to mezzo-soprano Milena Kitić, herself a native of Belgrade.
| Preceded by Aleksandar Mitrović Acting Prime Minister of Yugoslavia |
Prime Minister of the Federal Republic of Yugoslavia 1992–1993 |
Succeeded by Radoje Kontić |
|
||||||||||