36:
264:
During his tenure as head of Pfizer, Ed Pratt was instrumental in the creation of low-income housing around Pfizer's
Brooklyn plant, the donation of a Pfizer building for a public charter school, and the economic development and improvements in neighborhood safety. He also held leadership positions
247:
Pratt's earlier government service in
Washington stood him in good stead as the Company grew and played a greater role in national and international matters. As advisor to United States Trade Representative Bill Brock in the mid-1980s, he played an instrumental role encouraging private sector
260:
Pratt served as chairman of the
Business Council of New York State, The Business Round Table, and the President's Advisory Committee for Trade Negotiations. On March 1, 1992, Pratt retired as chairman and continued his involvement with the Company as a director of the board until 1997.
216:
After leaving the government in 1964, Pratt joined Pfizer as controller. In 1969, he became chairman and president of Pfizer
International. In 1971, he was elected president of Pfizer, and in 1972 he succeeded John Powers, Jr. as chairman and CEO.
252:
as a result of Pfizer's diminishing returns. In his own words "We were beginning to notice that we were losing market share because our intellectual property rights were not being respected in these countries" A member of the
570:
248:
involvement in trade matters. As chairman of the presidentially appointed
Advisory Committee for Trade Negotiations, he also broadened the trade agenda to include items of global impact, including the issue of
1165:
608:
181:
Pratt was born in
Savannah, Georgia in 1927 and grew up in Elkton, Maryland. His father worked for the Army Corps of Engineers He graduated from Duke University in 1947
257:
trade delegation in the Punta del Este round of the GATT trade talks in 1986, he pushed hard for the creation of a commercially beneficial system of worldwide IP rights.
1155:
209:. Afterwards, he returned to IBM in 1952, eventually serving as controller of IBM World Trade Corporation from 1958 to 1962. Pratt then joined the
1160:
601:
294:
429:
385:
1150:
594:
1170:
443:
138:
546:
468:
327:
535:
254:
202:
1140:
469:"Pfizer Gallery of Leaders: Edmund T. Pratt, Jr. | Pfizer: The world's largest research-based pharmaceutical company"
328:"Pfizer Gallery of Leaders: Edmund T. Pratt, Jr. | Pfizer: The world's largest research-based pharmaceutical company"
166:
He served as
President from 1971 to 1972, CEO from 1972 to 1991, and Chairman from 1972 to 1992. He is the namesake of
282:
170:
617:
190:
186:
133:
1071:
722:
205:
in 1949. His time at IBM was interrupted for two years when he served with the Navy as a lieutenant during the
833:
865:
849:
758:
726:
1028:
274:
270:
210:
293:
Pratt was inducted into the Junior
Achievement U.S. Business Hall of Fame in 1999. In 1987, he received
1036:
897:
352:
266:
249:
224:
companies in the United States. Pratt expanded research and development facilities worldwide, acquired
1145:
1135:
1087:
945:
766:
682:
244:. Under his leadership, annual revenue increased sevenfold, from $ 1 billion to nearly $ 7 billion.
1012:
969:
774:
734:
666:
389:
127:
46:
889:
706:
698:
111:
225:
1079:
1063:
937:
905:
825:
809:
801:
714:
658:
563:
97:
1004:
961:
929:
841:
817:
793:
674:
61:
297:'s Gold Medal Award "in recognition of outstanding contributions to the City of New York."
1103:
996:
913:
881:
742:
690:
447:
304:
scholarship to fund his education - Pratt donated $ 35 million to the university in 1999.
278:
167:
122:
503:
411:
367:
988:
953:
873:
650:
642:
472:
331:
221:
220:
During Pratt's two decades at the helm, Pfizer evolved into one of the fastest-growing
57:
1129:
921:
857:
750:
17:
185:
with a bachelor of science in electrical engineering. He also obtained an MBA from
633:
163:
277:, in 1998, to fund academic, computer, and library facilities and, in 1999, to
1095:
1055:
206:
586:
386:"Edmund T. Pratt Jr. Gives Duke $ 35 Million to Endow School of Engineering"
301:
229:
310:
He was married to Nancy Rhodes Pratt and had two sons, Randolph and Keith.
237:
241:
233:
571:
Assistant
Secretary of the Army (Financial Management and Comptroller)
540:
519:
523:
151:
228:
and other medical device companies, and introduced of products like
590:
29:
353:"Edmund T. Pratt, Jr. - Leadership - Harvard Business School"
307:
Pratt died of cancer on
September 5, 2002, at the age of 75.
213:
as assistant secretary of the Army for Financial Management.
504:"Edmund Taylor Pratt Jr., 75, A Former Chairman of Pfizer"
412:"Edmund Taylor Pratt Jr., 75, A Former Chairman of Pfizer"
368:"Edmund Taylor Pratt Jr., 75, A Former Chairman of Pfizer"
430:"All News Releases and Press Releases from PR Newswire"
162:(1927 - September 5, 2002) was the Chairman and CEO of
53:
300:
A magna cum laude graduate of Duke - who relied on a
1046:
979:
784:
624:
146:
118:
104:
90:
83:
1166:Duke University Pratt School of Engineering alumni
602:
8:
609:
595:
587:
552:
543:, biography at Duke Electrical Engineering
444:"Duke Benefactor Edmund T. Pratt Jr. Dies"
80:
295:The Hundred Year Association of New York
319:
273:. He made significant contributions to
1156:Henry Laurence Gantt Medal recipients
269:, the Boys Clubs of America, and the
7:
502:Saxon, Wolfgang (7 September 2002).
410:Saxon, Wolfgang (7 September 2002).
366:Saxon, Wolfgang (7 September 2002).
575:March 23, 1963 – November 25, 1964
25:
34:
27:American businessman (1927–2002)
1161:20th-century American engineers
1:
265:in organizations such as the
1151:People from Elkton, Maryland
1115:2019: Margaret G. McCullough
549:at Pfizer Gallery of Leaders
283:Pratt School of Engineering
1187:
618:Henry Laurence Gantt Medal
201:Pratt began his career at
191:Wharton School of Business
187:University of Pennsylvania
134:University of Pennsylvania
43:This biographical article
1171:American chief executives
1072:Alexander W. Dreyfoos Jr.
723:Frank Bunker Gilbreth Sr.
577:
568:
560:
555:
834:Henning Webb Prentis Jr.
866:Charles Perry McCormick
850:Richard Redwood Deupree
759:Harold Fowler McCormick
727:Lillian Moller Gilbreth
85:Edmund Taylor Pratt Jr.
536:Pratt School Biography
275:Long Island University
271:Girl Scouts of the USA
211:Kennedy Administration
1141:Wharton School alumni
1037:George N. Hatsopoulos
898:Harold Bright Maynard
250:intellectual property
56:by revising it to be
1088:Julie Spicer England
946:Robert Elton Brooker
767:Arthur Clinton Spurr
683:Arthur Howland Young
634:Henry Laurence Gantt
150:Chairman and CEO of
18:Edmund T. Pratt, Jr.
1110:2018: Todd R. Allen
1021:Edmund T. Pratt Jr.
1013:Rawleigh Warner Jr.
970:Patrick E. Haggerty
775:Charles R. Hook Sr.
735:John Milton Hancock
725:(posthumously) and
667:Henry Wallace Clark
556:Government offices
541:Edmund T. Pratt Jr.
160:Edmund T. Pratt Jr.
890:Lawrence A. Appley
707:Paul Eugene Holden
699:William Loren Batt
508:The New York Times
416:The New York Times
372:The New York Times
281:which created the
171:Engineering School
112:New York, New York
1123:
1122:
1080:William R. Timken
1064:Roy M. Huffington
938:Donald C. Burnham
906:Ralph J. Cordiner
826:Walker Lee Cisler
810:Thomas E. Millsop
802:Frank Henry Neely
715:Dexter S. Kimball
659:Henry S. Dennison
585:
584:
578:Succeeded by
564:William F. Schaub
492:Santoro, 1996, p6
168:Duke University's
157:
156:
142:
131:
108:September 5, 2002
98:Savannah, Georgia
79:
78:
16:(Redirected from
1178:
1116:
1111:
1106:
1098:
1090:
1082:
1074:
1066:
1058:
1039:
1031:
1023:
1015:
1007:
1005:Walter A. Fallon
999:
991:
972:
964:
962:Willard Rockwell
956:
948:
940:
932:
930:Frederick Kappel
924:
916:
908:
900:
892:
884:
876:
868:
860:
852:
844:
842:Harold F. Smiddy
836:
828:
820:
818:Clarence Francis
812:
804:
796:
794:Thomas Roy Jones
777:
769:
761:
753:
745:
737:
729:
717:
709:
701:
693:
685:
677:
675:Horace B. Cheney
669:
661:
653:
645:
637:
611:
604:
597:
588:
561:Preceded by
553:
512:
511:
499:
493:
490:
484:
483:
481:
480:
471:. Archived from
465:
459:
458:
456:
455:
446:. Archived from
440:
434:
433:
432:(Press release).
426:
420:
419:
407:
401:
400:
398:
397:
388:. Archived from
382:
376:
375:
363:
357:
356:
349:
343:
342:
340:
339:
330:. Archived from
324:
136:
125:
81:
74:
71:
65:
38:
37:
30:
21:
1186:
1185:
1181:
1180:
1179:
1177:
1176:
1175:
1126:
1125:
1124:
1119:
1114:
1109:
1104:Charles M. Vest
1101:
1093:
1085:
1077:
1069:
1061:
1053:
1042:
1034:
1026:
1018:
1010:
1002:
997:Charles Luckman
994:
986:
975:
967:
959:
951:
943:
935:
927:
919:
914:J. Erik Jonsson
911:
903:
895:
887:
882:Austin J. Tobin
879:
871:
863:
855:
847:
839:
831:
823:
815:
807:
799:
791:
780:
772:
764:
756:
748:
743:Paul G. Hoffman
740:
732:
720:
712:
704:
696:
691:Morris E. Leeds
688:
680:
672:
664:
656:
648:
640:
631:
620:
615:
581:
574:
566:
547:Edmund T. Pratt
532:
516:
515:
501:
500:
496:
491:
487:
478:
476:
467:
466:
462:
453:
451:
442:
441:
437:
428:
427:
423:
409:
408:
404:
395:
393:
384:
383:
379:
365:
364:
360:
351:
350:
346:
337:
335:
326:
325:
321:
316:
291:
279:Duke University
199:
183:magna cum laude
179:
132:
123:Duke University
119:Alma mater
114:
109:
100:
95:
86:
75:
69:
66:
54:help improve it
51:
39:
35:
28:
23:
22:
15:
12:
11:
5:
1184:
1182:
1174:
1173:
1168:
1163:
1158:
1153:
1148:
1143:
1138:
1128:
1127:
1121:
1120:
1118:
1117:
1112:
1107:
1099:
1091:
1083:
1075:
1067:
1059:
1050:
1048:
1044:
1043:
1041:
1040:
1032:
1029:William S. Lee
1024:
1016:
1008:
1000:
992:
989:Kenneth Daniel
983:
981:
977:
976:
974:
973:
965:
957:
954:John T. Connor
949:
941:
933:
925:
917:
909:
901:
893:
885:
877:
874:Lyndall Urwick
869:
861:
853:
845:
837:
829:
821:
813:
805:
797:
788:
786:
782:
781:
779:
778:
770:
762:
754:
746:
738:
730:
718:
710:
702:
694:
686:
678:
670:
662:
654:
651:Leon P. Alford
646:
643:Fred J. Miller
638:
636:(posthumously)
628:
626:
622:
621:
616:
614:
613:
606:
599:
591:
583:
582:
579:
576:
567:
562:
558:
557:
551:
550:
544:
538:
531:
530:External links
528:
527:
526:
514:
513:
494:
485:
460:
435:
421:
402:
377:
358:
344:
318:
317:
315:
312:
290:
287:
222:pharmaceutical
198:
195:
178:
175:
155:
154:
148:
144:
143:
120:
116:
115:
110:
106:
102:
101:
96:
92:
88:
87:
84:
77:
76:
42:
40:
33:
26:
24:
14:
13:
10:
9:
6:
4:
3:
2:
1183:
1172:
1169:
1167:
1164:
1162:
1159:
1157:
1154:
1152:
1149:
1147:
1144:
1142:
1139:
1137:
1134:
1133:
1131:
1113:
1108:
1105:
1100:
1097:
1092:
1089:
1084:
1081:
1076:
1073:
1068:
1065:
1060:
1057:
1052:
1051:
1049:
1045:
1038:
1033:
1030:
1025:
1022:
1017:
1014:
1009:
1006:
1001:
998:
993:
990:
985:
984:
982:
978:
971:
966:
963:
958:
955:
950:
947:
942:
939:
934:
931:
926:
923:
922:David Packard
918:
915:
910:
907:
902:
899:
894:
891:
886:
883:
878:
875:
870:
867:
862:
859:
858:Peter Drucker
854:
851:
846:
843:
838:
835:
830:
827:
822:
819:
814:
811:
806:
803:
798:
795:
790:
789:
787:
783:
776:
771:
768:
763:
760:
755:
752:
751:Alvin E. Dodd
747:
744:
739:
736:
731:
728:
724:
719:
716:
711:
708:
703:
700:
695:
692:
687:
684:
679:
676:
671:
668:
663:
660:
655:
652:
647:
644:
639:
635:
630:
629:
627:
623:
619:
612:
607:
605:
600:
598:
593:
592:
589:
573:
572:
565:
559:
554:
548:
545:
542:
539:
537:
534:
533:
529:
525:
521:
518:
517:
509:
505:
498:
495:
489:
486:
475:on 2009-01-04
474:
470:
464:
461:
450:on 2010-07-26
449:
445:
439:
436:
431:
425:
422:
417:
413:
406:
403:
392:on 2010-06-10
391:
387:
381:
378:
373:
369:
362:
359:
354:
348:
345:
334:on 2009-01-04
333:
329:
323:
320:
313:
311:
308:
305:
303:
298:
296:
288:
286:
284:
280:
276:
272:
268:
262:
258:
256:
251:
245:
243:
239:
235:
231:
227:
223:
218:
214:
212:
208:
204:
196:
194:
192:
188:
184:
176:
174:
172:
169:
165:
161:
153:
149:
147:Occupation(s)
145:
140:
135:
129:
124:
121:
117:
113:
107:
103:
99:
93:
89:
82:
73:
63:
59:
55:
49:
48:
47:like a résumé
41:
32:
31:
19:
1047:2000–present
1020:
569:
507:
497:
488:
477:. Retrieved
473:the original
463:
452:. Retrieved
448:the original
438:
424:
415:
405:
394:. Retrieved
390:the original
380:
371:
361:
347:
336:. Retrieved
332:the original
322:
309:
306:
299:
292:
263:
259:
246:
219:
215:
200:
182:
180:
159:
158:
67:
62:encyclopedic
44:
1146:1927 births
1136:2002 deaths
520:Appearances
164:Pfizer Inc.
45:is written
1130:Categories
1096:Dean Kamen
1056:Paul Soros
479:2009-02-12
454:2011-02-06
396:2010-07-12
338:2009-02-12
314:References
267:United Way
207:Korean War
177:Early life
980:1976–1999
785:1951–1975
625:1929–1950
302:U.S. Navy
230:Procardia
226:Howmedica
193:in 1949.
70:July 2009
289:Personal
238:Diflucan
1078:2003:
242:Norvasc
234:Feldene
58:neutral
52:Please
1102:2009:
1094:2007:
1086:2004:
1070:2002:
1062:2001:
1054:2000:
1035:1998:
1027:1988:
1019:1987:
1011:1984:
1003:1983:
995:1982:
987:1976:
968:1975:
960:1974:
952:1973:
944:1972:
936:1971:
928:1970:
920:1969:
912:1968:
904:1965:
896:1964:
888:1963:
880:1962:
872:1961:
864:1960:
856:1959:
848:1958:
840:1957:
832:1956:
824:1955:
816:1954:
808:1953:
800:1952:
792:1951:
773:1950:
765:1949:
757:1948:
749:1947:
741:1946:
733:1945:
721:1944:
713:1943:
705:1941:
697:1940:
689:1936:
681:1935:
673:1934:
665:1933:
657:1932:
649:1931:
641:1930:
632:1929:
524:C-SPAN
240:, and
197:Career
152:Pfizer
139:M.B.A.
128:B.S.
105:Died
94:1927
91:Born
60:and
580:???
522:on
255:IPC
203:IBM
189:'s
1132::
506:.
414:.
370:.
285:.
236:,
232:,
173:.
610:e
603:t
596:v
510:.
482:.
457:.
418:.
399:.
374:.
355:.
341:.
141:)
137:(
130:)
126:(
72:)
68:(
64:.
50:.
20:)
Text is available under the Creative Commons Attribution-ShareAlike License. Additional terms may apply.