Robert Duggan (venture capitalist)

Robert "Bob" Duggan is an American entrepreneur, investor and business magnate. He is the former CEO of biopharmaceutical company Pharmacyclics[1] and previously served as CEO of surgical systems maker Computer Motion from 1997 to 2003.[2]

Duggan received $3.5 billion from the sale of Pharmacyclics to AbbVie in "one of the biggest paydays ever from the buyout of a publicly held company."[3][4][5]

As CEO and Chairman of Pharmacyclics from 2008 to 2015, Duggan had opted not to receive compensation from the company.[6] As of February 2017, Duggan owned a 15.4% stake in the pharmaceutical company, Pulse Biosciences Inc. [7]

Personal life

Duggan attended, but did not graduate from the University of California, Santa Barbara and University of California, Los Angeles.[8]

Bob and his wife, Patricia (Trish) Duggan, are members of the Church of Scientology. Duggan has been referred to as the church's "largest financial supporter" by former Scientology executive Mark Rathbun.[9]

References

  1. ↑ Sean Williams (27 February 2013). "This Is One Incredible CEO". fool.com.
  2. ↑ "The $3.55 billion Man". America's Markets.
  3. ↑ Warren Cassell Jr. (28 December 2015). "How Robert Duggan Became a Billionaire". Investopedia. Retrieved 20 May 2016.
  4. ↑ Antoine Gara. "Robert Duggan". Forbes.
  5. ↑ "The Hiring Guru: Robert Duggan Billionaire". The Huffington Post.
  6. ↑ Gary Strauss (March 24, 2015). "The $3.55 billion Man". USA Today. Retrieved May 29, 2015.
  7. ↑ "BRIEF-Robert Duggan reports 15.4 pct stake in Pulse Biosciences". Reuters. 21 February 2017. Retrieved 25 February 2017.
  8. ↑ George Thurlow (Summer 2015). "Everybody's a Genius". UC Santa Barbara Alumni Association.
  9. ↑ Brendan Coffey (January 29, 2013). "Robert Duggan Scientology's biggest donor". SFGate.
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