What do Johnson & Johnson, FedEx and Verizon Communications have in common? Aside from being Fortune 500 companies, they’re also led by former members of the U.S. military.
According to a new Kauffman Foundation study just released, veterans aren’t starting businesses like they used to, but they are definitely leading them.
It makes sense, really, that many veterans would possess the leadership skills and risk-taking nature needed to run a successful company. A study conducted earlier this year found that veteran CEOs were less likely than non-veteran CEOs to commit fraud, and other studies have linked military experience with longer tenures atop big companies.
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In light of Veteran’s Day, take a look at these healthcare companies led by military veterans. Let me know about ones I didn’t find in the comments below.
Johnson & Johnson – Alex Gorsky, who took over as CEO of J&J in April, finished his six-year career with the U.S. Army as a captain.
CoLucid – The pharmaceutical company, focused on central nervous system disorders, is led by Thomas Mathers. Before jumping into the life science industry, Mathers was a captain in the U.S. Army during the Gulf War.
StormBio – This is a development-stage biopharmaceutical company focused on treatments for highly pathogenic influenza. In addition to his biotechnology and investment banking background, Chairman and CEO Stephen Brozak is a retired lieutenant colonel in the U.S. Marine Corps.
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Abiomed – The heart pump company’s President, Chairman and CEO Michael Minogue graduated from the United State Military Academy at West Point, served 12 years in the U.S. Army and is a Desert Storm veteran
Marina Biotech – The president and CEO of this RNAi-based therapeutics company spent 13 years in the U.S. Army and Army Reserve, part of that during the first Persian Gulf War.