Milan Puskar Explained

Milan "Mike" Puškar (September 8, 1934 – October 7, 2011) was an American entrepreneur and philanthropist from Morgantown, West Virginia.[1]

Biography

Puskar was born in Vintondale, Pennsylvania, to ethnic Serbian parents from Kordun.[2] He graduated from Youngstown State University in 1960.[1] In 1961, he and Don Panoz co-founded a pharmaceutical company which became Mylan Inc.[3] Puskar was Mylan's president from 1976 through 2000.

In November 1993, aged 58, he became the company's chairman and chief executive officer.[4] He served as CEO until 2002[5] and as chairman until 2009.[6] Following his retirement as CEO, his successor Robert J. Coury drastically cut employee benefits and blocked Puskar from entering Mylan’s Morgantown facility, and Puskar came to regret putting him in charge of the company.[7]

West Virginia University's Milan Puskar Stadium was named for him after he made a US$20 million donation.[8] Morgantown Health Right a free clinic was renamed Milan Puskar Health Right in 2004 in recognition of his generous support since its inception.[9]

Death

Puskar died in Morgantown, West Virginia, on October 7, 2011, from cancer.[10]

Notes and References

  1. Web site: Pam Fronko . Milan Puskar gives $20 million to WVU . WVU Magazine . Spring 2004 . July 14, 2008 . dead . https://web.archive.org/web/20110928222459/http://www.ia.wvu.edu/~magazine/issues/spring2004/htmlfiles/puskar.html . September 28, 2011 .
  2. http://www.pittsburghlive.com/x/pittsburghtrib/obituaries/?mode=view&obit_id=216999 Profile
  3. Web site: Our History. Mylan.com. March 17, 2011.
  4. Web site: Mylan Names Top Executive. The New York Times. November 10, 1993. March 17, 2011.
  5. Web site: Golden parachute for Mylan chief: free flights for life. Pittsburgh Post-Gazette. Patricia Sabatini, Len Boselovic. August 21, 2008. March 17, 2011.
  6. Web site: Mylan founder stepping down as chairman. Pittsburgh Post-Gazette. May 7, 2009. March 17, 2011.
  7. "We Can't Reach Him": Joe Manchin is Ghosting The West Virginia Union Workers Whose Jobs his Daughter Helped Outsource. Vanity Fair. Eban. Katherine. July 23, 2021. July 23, 2021.
  8. Web site: WVU names stadium after Puskar. Pittsburgh Business Times. November 24, 2003. March 17, 2011.
  9. News: Kasey. Pam. October 14, 2011. Morgantown mourns a humble, generous man. State Journal. Charleston, WV. https://web.archive.org/web/20140611124343/http://www.highbeam.com/doc/1P3-2501706001.html. dead. June 11, 2014. . 2014-04-20.
  10. Web site: Mylan Puskar Obituary. . December 2015 . August 6, 2018.

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