With strong leadership and a taste for risk-taking, outgoing CEO Miles White left no stone unturned as he grew Abbott into one of the world’s largest medical device companies.
Few medical device companies have seen the growth and transformation that Abbott (NYSE:ABT) has seen under the leadership of Miles White.
During his two decades as Abbott’s CEO, White has grown the Abbott Park, Ill.–based company’s annual revenue tenfold — to more than $30 billion. What was more of a pharmaceutical company when White took over now has more than a third of its sales coming from medical devices, placing Abbott among the world’s largest medtech companies. (You can find a timeline of Abbott under White’s tenure here.)
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