Raymond Gilmartin

Raymond V. Gilmartin (born March 6, 1941) is an American former business executive and an Adjunct Professor of Management Practice at the Harvard Business School.

Raymond Gilmartin
BornMarch 6, 1941 (1941-03-06) (age 79)
Sayville, New York
Occupationprofessor at Harvard Business School, former President & CEO of Merck & Co, Inc.
Board member ofMicrosoft, General Mills
Spouse(s)Gladys Higham, 1965
ChildrenTwo children (as of 2005)

Biography

Early life

Raymond Gilmartin was born on born March 6, 1941, in Sayville, New York.[1] He received his B.S. in electrical engineering from Union College in 1963, being the first member of his imediate family to attend college,[1] and an MBA from Harvard Business School in 1968.[2] In the interim between colleges, he worked as an engineer at Kodak and met his future wife.[1]

Family life

Gilmartin married Gladys Higham in 1965, and had two children as of 2005.[1] Gilmartin has been a resident of Park Ridge, New Jersey.[3][4]

Career

After graduation from Harvard, Gilmartin worked as a consultant at Arthur D. Little for eight years.[1]

Gilmartin joined Becton Dickinson (BD) in 1976 as a vice president and rose to hold President, Chairman and CEO positions at the company by the time of his departure in 1994.[2][5] Gilmartin's work at BD has been considered instrumental in supporting the company's transition from a regional to a multinational company.[1] Gilmartin then moved to Merck & Co, Inc., hired as President and CEO in 1994, and adding the role of Chairman the same year upon retirement of P. Roy Vagelos.[1][2]

The style of management that I have, basically, is to recognize the fact that I'll never be as expert in any of the areas of the company as some of my direct reports are.

Raymond Gilmartin, Interview for The Record (Bergen County, New Jersey), October 2003[1]

Gilmartin's new position at Merck was a shock to pharmaceutical industry analysts as he was the first CEO ever recruited from outside the company since its founding in 1891, and despite his having managed at BD, Gilmartin was considered a newcomer to the pharmaceutical industry.[1] During his tenure, Gilmartin oversaw Merck's response to two patent cliffs and consistently rejected the prospect of merging the company with a rival and maintained an emphasis on original research as opposed to joining a growing trend of in-licensing late-state drug prospects.[1] Gilmartin's management style was characterized by delegation of day-to-day activities while maintaining a focus on strategic planning and decision making.[1]

Gilmartin served at Merck until May 2005, a period which included the Vioxx scandal; thereafter, he remained with Merck in an advisory capacity until April 2006, when his retirement became effective.[2] Late in his tenure at Merck, in 2004, Gilmartin received an LL.D. (honorary) from Kean University of New Jersey.[1]

In July 2006, Gilmartin became a Professor of Management Practices at Harvard Business School.[5] Gilmartin has also served as a member of the board of advisors to the dean of Harvard Business School.[2]

Gilmartin joined the board of directors of Microsoft in 2001.[2] Other boards that Gilmartin has served on include that of directors at General Mills and the United Negro College Fund,[1][5] and trustees at the American Enterprise Institute.[6] Gilmartin has also served as a chair of PhRMA and president of IFPMA.[2]

Further reading
gollark: And mark that method as unsafe since *in its current form it is not safe*.
gollark: You should get someone to code-review it, though.
gollark: ```Instead of the programs I had hoped for, there came only a shuddering blackness and ineffable loneliness; and I saw at last a fearful truth which no one had ever dared to breathe before — the unwhisperable secret of secrets — The fact that this language of stone and stridor is not a sentient perpetuation of Rust as London is of Old London and Paris of Old Paris, but that it is in fact quite unsafe, its sprawling body imperfectly embalmed and infested with queer animate things which have nothing to do with it as it was in compilation.```
gollark: https://doc.rust-lang.org/nomicon/index.html
gollark: Do not embark on the madness of unsafe Rust. Not even the Rustonomicon can save you fully.

References
  1. Petechuk, David (2005). "Gilmartin, Raymond V. 1941-". In Schlager, Neil (ed.). International Directory of Business Biographies. 2. Detroit, Michigan: St. James Press. pp. 135–139. Retrieved August 7, 2020 – via Gale eBooks.
  2. "Raymond V. Gilmartin". Microsoft News Center. Microsoft. 2007. Archived from the original on July 8, 2012.
  3. Staff. "WEDDINGS/CELEBRATIONS; Beth Gilmartin, Michael Neumann", The New York Times, May 2, 2004. Accessed September 16, 2015. "She is a daughter of Gladys and Raymond Gilmartin of Park Ridge, N.J. Her father is the chairman and chief executive of Merck & Company, the pharmaceuticals company in Whitehouse Station, N.J."
  4. "Raymond V. Gilmartin: Man with a global vision", Union College, August 9, 2004. Accessed September 16, 2015. "HOME: Park Ridge, N.J."
  5. "Raymond Gilmartin". Profiles. Forbes. Archived from the original on June 9, 2013.
  6. American Enterprise Institute Board of Trustees
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