Miles D. White
American businessman (born 1955)
Miles D. White (born 1955) is an American businessman. He had a 38-year career with Abbott Laboratories, most prominently being CEO between 1999 and 2020.2
From Wikipedia’s article on Miles D. White (this version), CC BY-SA 4.0.
Born Mar 10, 1955.1
Companies
- Caterpillar Inc.Board member Jan 4, 2011 to Mar 2, 202211
- Abbott LaboratoriesChair Feb 2, 2004 to Dec 8, 202112
- Abbott LaboratoriesChief executive officer 1999 to 202013
Holdings
Stock this person has reported owning, from the forms officers and directors file with the SEC. See the biggest insider stakes.
Shares held
Abbott Laboratories ABT3,128,641 shares14$328.1M at $104.87Dec 8, 2021
As of each latest filing. The line shows shares held over time.
Recent filings
- Nov 12, 2021Gift 10,400 shares of Abbott Laboratories14
- Nov 10, 2021Gift 693 shares of Abbott Laboratories14
- Aug 6, 2021Gift 1,250 shares of Abbott Laboratories15
- Feb 26, 2021Shares withheld for tax 43,292 shares at $121.58 of Abbott Laboratories16
- Feb 19, 2021Granted 44,340 shares of Abbott Laboratories17
- Feb 16, 2021Gift 2,000 shares of Abbott Laboratories17
- Dec 7, 2020Gift 1,844 shares of Abbott Laboratories18
- Dec 4, 2020Gift 64,978 shares of Abbott Laboratories18
- Dec 3, 2020Gift 7,974 shares of Abbott Laboratories18
- Jun 4, 2020Gift 1,100 shares of Abbott Laboratories19
- Feb 28, 2020Shares withheld for tax 46,827 shares at $79.19 of Abbott Laboratories20
- Feb 21, 2020Granted 68,399 shares of Abbott Laboratories21
- Dec 23, 2019Gift 298 shares of Abbott Laboratories22
- Dec 13, 2019Gift 12,382 shares of Abbott Laboratories22
- Dec 12, 2019Gift 507 shares of Abbott Laboratories22
- Dec 12, 2019Gift 507 shares of Abbott Laboratories22
- Dec 12, 2019Gift 1,014 shares of Abbott Laboratories22
- Mar 18, 2019Sold 4,700 shares at $78.19 of Abbott Laboratories23
- Mar 18, 2019Sold 1,200 shares at $79.63 of Abbott Laboratories24
- Mar 18, 2019Sold 2,200 shares at $78.30 of Abbott Laboratories25
- Mar 18, 2019Sold 2 shares at $78.70 of Abbott Laboratories26
- Mar 18, 2019Sold 1,035 shares at $78.42 of Abbott Laboratories27
- Mar 18, 2019Sold 253 shares at $78.64 of Abbott Laboratories28
- Mar 18, 2019Sold 100 shares at $78.87 of Abbott Laboratories23
- Mar 18, 2019Sold 800 shares at $79.42 of Abbott Laboratories24
Early life and education
Miles White was born in Minneapolis, Minnesota. He went to Culver Military Academy at age 13. He holds two degrees from Stanford University, a bachelor's degree in mechanical engineering and an MBA.
From Wikipedia’s article on Miles D. White (this version), CC BY-SA 4.0.
Career
Occupation: business executive.8
- 1999 to 2020Chief executive, Abbott Laboratories7
- 1984 to 2020Worked at Abbott Laboratories5 6
White started his career as a consultant at McKinsey & Co. He joined Abbott in 1984, serving there in management positions including Senior Vice President of Diagnostic Operations and Executive Vice President. He was elected to the board of directors in April 1998, to CEO in 1999, and to chairman of the board in April 1999. As of November 2019, White's tenure is the second longest for a non-founder CEO among the S&P 100. Under his leadership, he has created approximately $200 billion in shareholder value.
White has been praised for the ability to position Abbott to be able to adapt to patient and consumer needs and creating a diverse culture at the company. He has also been praised for increasing the global stature and valuation of Abbott and expanding the company's worldwide sales. He has created two public companies as the CEO of Abbott: AbbVie and Hospira. Hospira was later purchased by Pfizer for $16 billion.
In 2017, White earned $1.9 million in base compensation and over $13.5 million in bonuses, stocks, options, and other compensation. He ranked 72 in a list of highest-paid executives at S&P 500 companies for the 2017 fiscal year.
In November 2019, White announced that he would be stepping down from his role as chief executive officer at Abbott on March 31, 2020, while remaining executive chairman on the company's board. He stepped down from the board of directors in December 2021.
White currently serves on the board of directors of McDonald's and Caterpillar Inc. He is a former chairman of the Federal Reserve Bank of Chicago, the Economic Club of Chicago, and the Pharmaceutical Research and Manufacturers of America.
He is the chairman of the board of trustees of the Culver Educational Foundation and is on the board of trustees of Northwestern University. He was also named a “Life Member” of Northwestern's business school the Kellogg School of Management. White is a fellow of the American Academy of Arts and Sciences and formerly served as chairman of the Field Museum of Natural History board of trustees.
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Awards and achievements
White has been listed in Forbes' list of America's Most Powerful People and its America's Most Innovative Leaders. He was also recognized as one of the world's "30 Best CEOs" by Barron's for 11 consecutive years.
From Wikipedia’s article on Miles D. White (this version), CC BY-SA 4.0.
Personal life
Links
Sources
The numbers on this page point here. Each one links to the record it came from.
- 1WikidataMiles D. White on Wikidata
- 2WikipediaMiles D. White on Wikipedia
- 3
- 4Wikidataeducation, as reported
- 5
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- 11SEC EDGARCaterpillar Inc., Board member
- 12SEC EDGARAbbott Laboratories, Chair
- 13Wikidata and SEC EDGARAbbott Laboratories, Chief executive officer
- 14
- 15SEC EDGARForm 4 filed Aug 13, 2021
- 16SEC EDGARForm 4 filed Mar 2, 2021
- 17SEC EDGARForm 4 filed Feb 23, 2021
- 18SEC EDGARForm 4 filed Dec 18, 2020
- 19SEC EDGARForm 4 filed Jun 12, 2020
- 20SEC EDGARForm 4 filed Mar 3, 2020
- 21SEC EDGARForm 4 filed Feb 25, 2020
- 22SEC EDGARForm 4 filed Dec 30, 2019
- 23SEC EDGARForm 4 filed Mar 20, 2019
- 24SEC EDGARForm 4 filed Mar 20, 2019
- 25SEC EDGARForm 4 filed Mar 20, 2019
- 26SEC EDGARForm 4 filed Mar 20, 2019
- 27SEC EDGARForm 4 filed Mar 20, 2019
- 28SEC EDGARForm 4 filed Mar 20, 2019