Thomas Ryan (businessman)

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This article refers to the United States businessman. For other persons named Thomas Ryan, see the disambiguation page..

Thomas M. Ryan is an American businessman.[1][2][3] He served as the President and Chief Executive Officer of CVS/Caremark Corporation from 1998 to 2011.[1][2]

Biography[edit]

Early life[edit]

He received a degree in Pharmacy from the University of Rhode Island.[2]

Career[edit]

He began working for CVS in 1978 as an in-store pharmacist.[2] He served as its CEO from 1998 to 2011.[3] While CEO of CVS Caremark in 2009, he earned a total compensation of $16,231,292, which included a base salary of $1,400,000, a cash bonus of $3,512,526, stocks granted of $6,425,007, and options granted of $4,625,000.[4]

He has sat on the Boards of the Melville Corporation, Ryanair, TriCon Global Restaurants, Reebok, FleetBoston Financial, the Citizens Bank Of Rhode Island. He now serves on the Board of Directors of Bank of America, Yum! Brands, Five Below, Vantiv.[2] He is an Operating Partner of Advent International.[1][2][3]

Philanthropy[edit]

He sits on the Board of Trustees of his alma mater, the University of Rhode Island.[2] The 7,657-seat Ryan Center arena on the campus of the University of Rhode Island is named for Ryan, who was the arena's principal donor. In November 2013, Ryan and his wife Cathy donated $15 million to establish the George & Anne Ryan Institute for Neuroscience. [5]The Ryan Institute will supplement the newly formed Interdisciplinary Neuroscience Program (INP), which offers M.S. and Ph.D. degrees in Neuroscience.

References[edit]