| James M. Cornelius
Chairman
and CEO
James
M. Cornelius was elected chairman of the Board by
the company’s Board of Directors on February 11, 2008.
Cornelius, who was named CEO in September
2006, continues serving in that role as well.
Cornelius was
named chairman emeritus of the Guidant Board of Directors upon
closing of its merger into Boston Scientific in April 2006.
He had previously served as chairman and CEO during the merger process
and was responsible for the company’s initial public offering
and subsequent split-off from Eli Lilly and Company.
Cornelius was
a member of the Board of Directors of Lilly, a member of its Executive
Committee and chief financial officer from 1983
to 1995. From 1980-1982, he served as president and CEO of IVAC
Corporation, previously a Lilly subsidiary.
Cornelius continues
to serve on the Boards of Given Imaging Ltd and the DIRECTV Group.
He has received several honorary doctorate
degrees
in recognition of his civic and philanthropic activities in Indiana.
James
Cornelius was born in Kalamazoo, Michigan, and attended Michigan
State University, where he earned a BA magna cum laude
in accounting
in 1965 and an MBA in 1967.
February,
2008 |