José E. Almeida Explained

José E. Almeida (born) is a Brazilian businessman. He has served as the chairman and CEO of Baxter International, Inc. since January 2016.[1] He also serves on the board of directors of the Advanced Medical Technology Association (AdvaMed) and Partners in Health, and he is a member of Business Roundtable.[2]

Career

Almeida worked for Tyco Healthcare from 1995 to 2002. He was president of Medical Devices division from October 2006 to June 2011.[3] He served as chairman of the board of directors of Covidien since March 2012 and as the president, chief executive officer and a director since July 2011. In 2015, he worked for The Carlyle Group as an Operating Executive in the Global Healthcare group.[4] He became a director of EMC Corporation on Jan 12, 2015[5] and resigned on October 30, 2015, due to his election as chairman and CEO of Baxter International.[6]

In 2023, Almeida's total compensation at Baxter International was $13.8 million.[7]

Education

A native of Brazil, Almeida received a Bachelor of Science in mechanical engineering from Instituto Mauá de Tecnologia in São Paulo.[8]

Notes and References

  1. Web site: José E. Almeida: Executive Profile & Biography – Bloomberg. www.bloomberg.com. 2018-07-16.
  2. Web site: Business Roundtable Members . content.influencemap.org.
  3. Web site: Covidien Plc (COV:New York) . Bloomberg Businessweek . 18 February 2014.
  4. Web site: May 4, 2015 . The Carlyle Group Names José E. Almeida Operating Executive for Global Healthcare Team | The Carlyle Group . May 8, 2016 . The Carlyle Group.
  5. Web site: EMC Expands Board of Directors with Appointment of José E. Almeida and Donald J. Carty . . January 12, 2015.
  6. EMC Corporation – Investor Relations – Financials – SEC Filings – SEC Filings Details . . November 2, 2015.
  7. Web site: Anderson . Sarah . 2024-08-29 . Executive Excess 2024: The “Low Wage 100” corporations are enriching CEOs at the expense of workers and long-term investment . live . https://web.archive.org/web/20240829154904/https://ips-dc.org/wp-content/uploads/2024/08/executive_excess_2024_ips_report.pdf . 2024-08-29 . 2024-08-31 . Institute for Policy Studies.
  8. News: Baxter International Hires Outsider José Almeida as CEO. Hoffman. Liz. 2015-10-28. Wall Street Journal. 2018-08-28. Lublin. Joann S.. en-US. 0099-9660.

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