Medline announced today that it is promoting from within to fill CEO and president positions opening up at the privately-held medtech giant.
Jim Boyle is taking over the corner office at Medline, effective Oct. 1. Boyle has been at Medline since 1996 and has served as EVP since 2018, managing the company’s customer base of over 5,000 healthcare providers. Meanwhile, Jim Pigott will become president and COO. Pigott joined the company in 1992 and, most recently, was EVP, in charge of strategy and execution of Medline’s 27 product divisions and their 20 manufacturing sites and 14,000 employees.
After more than 26 years of leadership, Charlie Mills (CEO), Andy Mills (president) and Jim Abrams (COO) will retire from their current roles. They’ll continue to play important roles in the company, however, with Charlie Mills as board chair and Andy Mills and Abrams as vice chairs.
“Jim Boyle and Jim Pigott have been instrumental in Medline’s growth and success during their nearly 60 years combined within the organization, and we are excited for them to lead us into the future,” Charlie Mills said in a news release. “In blending Medline’s high-performance culture and customer-centric approach with their extensive understanding of healthcare, they are perfectly suited to propel Medline forward while continuing to build upon our rich legacy.”
Northfield, Illinois–based Medline Industries was No. 5 in last year’s Medtech Big 100 report on our sister site Medical Design & Outsourcing. The company has more than $21 billion in annual sales and over 35,000 employees.
Blackstone, Carlyle and Hellman & Friedman made a multibillion-dollar investment in Medline in 2021, with the Mills family remaining the largest single shareholder. The company used the investment to fund new distribution centers, manufacturing capabilities and IT upgrades.
“Medline has always been a company that operates in a nimble and agile manner, doing whatever is best for our customers and our employees, and I look forward to ensuring we continue to do so for years to come,” Boyle said.
Said Pigott: “I am proud of all that Medline and the Mills family have accomplished through the years for our customers, the healthcare industry, and especially in cultivating our winning company culture.”