Knowledge (XXG)

Edmund T. Pratt Jr.

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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
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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
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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.
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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.
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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
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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
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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
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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.
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He served as President from 1971 to 1972, CEO from 1972 to 1991, and Chairman from 1972 to 1992. He is the namesake of
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in 1949. His time at IBM was interrupted for two years when he served with the Navy as a lieutenant during the
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Pratt was inducted into the Junior Achievement U.S. Business Hall of Fame in 1999. In 1987, he received
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companies in the United States. Pratt expanded research and development facilities worldwide, acquired
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scholarship to fund his education - Pratt donated $ 35 million to the university in 1999.
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During Pratt's two decades at the helm, Pfizer evolved into one of the fastest-growing
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with a bachelor of science in electrical engineering. He also obtained an MBA from
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He was married to Nancy Rhodes Pratt and had two sons, Randolph and Keith.
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Assistant Secretary of the Army (Financial Management and Comptroller)
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and other medical device companies, and introduced of products like
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Pratt died of cancer on September 5, 2002, at the age of 75.
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as assistant secretary of the Army for Financial Management.
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A magna cum laude graduate of Duke - who relied on a
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McCullough 538:at Pfizer Gallery of Leaders 272:Pratt School of Engineering 1176: 607:Henry Laurence Gantt Medal 190:Pratt began his career at 180:Wharton School of Business 176:University of Pennsylvania 123:University of Pennsylvania 32:This biographical article 1160:American chief executives 1061:Alexander W. Dreyfoos Jr. 712:Frank Bunker Gilbreth Sr. 566: 557: 549: 544: 823:Henning Webb Prentis Jr. 855:Charles Perry McCormick 839:Richard Redwood Deupree 748:Harold Fowler McCormick 716:Lillian Moller Gilbreth 74:Edmund Taylor Pratt Jr. 525:Pratt School Biography 264:Long Island University 260:Girl Scouts of the USA 200:Kennedy Administration 1130:Wharton School alumni 1026:George N. Hatsopoulos 887:Harold Bright Maynard 239:intellectual property 45:by revising it to be 1077:Julie Spicer England 935:Robert Elton Brooker 756:Arthur Clinton Spurr 672:Arthur Howland Young 623:Henry Laurence Gantt 139:Chairman and CEO of 1099:2018: Todd R. Allen 1010:Edmund T. Pratt Jr. 1002:Rawleigh Warner Jr. 959:Patrick E. Haggerty 764:Charles R. Hook Sr. 724:John Milton Hancock 714:(posthumously) and 656:Henry Wallace Clark 545:Government offices 530:Edmund T. Pratt Jr. 149:Edmund T. Pratt Jr. 879:Lawrence A. Appley 696:Paul Eugene Holden 688:William Loren Batt 497:The New York Times 405:The New York Times 361:The New York Times 270:which created the 160:Engineering School 101:New York, New York 1112: 1111: 1069:William R. Timken 1053:Roy M. Huffington 927:Donald C. Burnham 895:Ralph J. Cordiner 815:Walker Lee Cisler 799:Thomas E. Millsop 791:Frank Henry Neely 704:Dexter S. Kimball 648:Henry S. Dennison 574: 573: 567:Succeeded by 553:William F. Schaub 481:Santoro, 1996, p6 157:Duke University's 146: 145: 131: 120: 97:September 5, 2002 87:Savannah, Georgia 68: 67: 1167: 1105: 1100: 1095: 1087: 1079: 1071: 1063: 1055: 1047: 1028: 1020: 1012: 1004: 996: 994:Walter A. 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Dodd 736: 733: 728: 725: 720: 717: 713: 708: 705: 700: 697: 692: 689: 684: 681: 676: 673: 668: 665: 660: 657: 652: 649: 644: 641: 636: 633: 628: 624: 619: 618: 616: 612: 608: 601: 596: 594: 589: 587: 582: 581: 578: 562: 561: 554: 548: 543: 537: 534: 531: 528: 526: 523: 522: 518: 514: 510: 507: 506: 498: 494: 487: 484: 478: 475: 464:on 2009-01-04 463: 459: 453: 450: 439:on 2010-07-26 438: 434: 428: 425: 420: 414: 411: 406: 402: 395: 392: 381:on 2010-06-10 380: 376: 370: 367: 362: 358: 351: 348: 343: 337: 334: 323:on 2009-01-04 322: 318: 312: 309: 302: 300: 297: 294: 292: 287: 285: 277: 275: 273: 269: 265: 261: 257: 251: 247: 245: 240: 234: 232: 228: 224: 220: 216: 212: 207: 203: 201: 197: 193: 185: 183: 181: 177: 173: 165: 163: 161: 158: 154: 150: 142: 138: 136:Occupation(s) 134: 129: 124: 118: 113: 110: 106: 102: 96: 92: 88: 82: 78: 71: 62: 52: 48: 44: 38: 37: 36:like a résumé 30: 21: 20: 1036:2000–present 1009: 558: 496: 486: 477: 466:. Retrieved 462:the original 452: 441:. 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Index

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neutral
encyclopedic
Savannah, Georgia
New York, New York
Duke University
B.S.
University of Pennsylvania
M.B.A.
Pfizer
Pfizer Inc.
Duke University's
Engineering School
University of Pennsylvania
Wharton School of Business
IBM
Korean War
Kennedy Administration
pharmaceutical
Howmedica
Procardia
Feldene
Diflucan
Norvasc
intellectual property
IPC
United Way
Girl Scouts of the USA
Long Island University

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