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Karen Katen

From Wikipedia, the free encyclopedia
Karen Katen
Born1948
Alma materUniversity of Chicago
OccupationPharmaceutical executive

Karen Katen (born 1948, St. Louis, MO) is an American pharmaceutical executive who spent most of her career with Pfizer, rising eventually to Vice-Chairman of the company and President of the pharmaceuticals division.[1]

Career

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Katen received a B.A. in political science and an MBA from the University of Chicago in 1970-1974.[2] She joined Pfizer in 1974, and steadily rose through the ranks, becoming President of Pharmaceuticals in 1995.[3] Launches by Pfizer during her tenure included Lipitor and Viagra.[2]During her leadership, Pfizer’s U.S. Pharmaceuticals Group achieved record financial performance each ear, with 1999 revenues over $9.2 billion. Following this, with Pfizer’s acquisition of Warner Lambert, Katen managed the largest integration in the history of the U.S. pharmaceutical industry.[2]

During the early 2000s, Katen was one of three Vice-Chairmen widely speculated to vie for the CEO position when then-CEO Henry "Hank" McKinnell Jr. was set to retire.[4] When Jeffrey Kindler was instead named CEO in 2006, Katen chose to leave the company.

Since 2006, Katen's interests have shifted to service on multiple Boards of Directors; she currently sits on the boards of The Home Depot, Air Liquide, Takeda Pharmaceuticals, and several charitable causes.

Awards

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  • 2003 - Sixth Most Powerful Woman in Business, Fortune magazine
  • 2002 - 25 Top Executives, BusinessWeek[5]
  • 1990 - Inaugural Healthcare Businesswoman's Association "Woman of the Year"[6]

References

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  1. ^ "EW Healthcare Partners Team - Karen Katen". www.ewhealthcare.com. Retrieved 2018-10-28.
  2. ^ a b c "Karen L. Katen, AB '70, MBA '74". Chicago Booth. 1 June 2000. Retrieved 6 June 2022.
  3. ^ "Karen L. Katen". www.bloomberg.com. Retrieved 2018-10-28.
  4. ^ "Inside Pfizer's palace coup". Fortune. Retrieved 2018-10-28.
  5. ^ "Karen Katen 1948— Biography - College and early professional direction, A solid record of achievement". www.referenceforbusiness.com. Retrieved 2018-10-28.
  6. ^ "1990 WOTY Karen Katen—Setting the stage for inspiring stories and innovation | HBA". www.hbanet.org. Retrieved 2018-10-28.