Steve Miller (business)

Last updated

Robert Steven "Steve" Miller Jr. is an American businessman. He was chief executive officer of Hawker Beechcraft from 2012 to 2013, [1] [2] non-executive chairman at American International Group and on the board of directors at Symantec. [3] He has served as Chairman of the Board of Purdue Pharma, Inc. since July 1, 2018. [4] [5]

Contents

Life and career

Early life

Robert Miller holds an MBA from Stanford Graduate School of Business and an LLB from Harvard Law School. [6]

Career

He began his career at Ford Motor Company in 1968 and worked for the company in various positions in the U.S., Mexico, Australia, and Venezuela. [7] He was recruited to the Chrysler Corporation by Lee Iacocca in 1979. [7] While with Chrysler in the 1980s, he was the executive in charge of arranging with hundreds of banks the U.S. Government insured program of loans [7] that enabled Chrysler to avoid bankruptcy and become an industrial powerhouse under the leadership of Iacocca. Miller has also worked for Bethlehem Steel, Morrison-Knudson and Federal-Mogul. [6] He was the final CEO of Bethlehem Steel and led them through their bankruptcy in 2001 and the sale of the company's assets to International Steel Group in 2003.

He became Chief Executive Officer of Delphi Corporation in July 2005 and was also Executive Chairman. [6] While at Delphi he presided over a restructuring of the company while it was going through bankruptcy. [8] He left Delphi in October 2009. [6] American International Group named Miller as their chairman in July 2010. [9] [10]

He was named CEO of Hawker Beechcraft in February 2012 in an attempt to reverse that company's fortunes [1] and CEO of International Automotive Components in Aug 2015.[ citation needed ]

Personal life

He was married to Margaret "Maggie" Kyger for nearly forty years, who died of brain cancer on August 11, 2006, at the age of 69, at Beaumont Hospital in Royal Oak, Michigan. [11] Miller later married Jill Jablonski, age 49, on September 15, 2007 in Dearborn, Michigan. Jablonski is a director of the Society of Automotive Engineers - Detroit Section. [12]

Bibliography

Related Research Articles

<span class="mw-page-title-main">Oxycodone</span> Opioid medication

Oxycodone, sold under various brand names such as Roxicodone and OxyContin, is a semi-synthetic opioid used medically for treatment of moderate to severe pain. It is highly addictive and is a commonly abused drug. It is usually taken by mouth, and is available in immediate-release and controlled-release formulations. Onset of pain relief typically begins within fifteen minutes and lasts for up to six hours with the immediate-release formulation. In the United Kingdom, it is available by injection. Combination products are also available with paracetamol (acetaminophen), ibuprofen, naloxone, naltrexone, and aspirin.

<span class="mw-page-title-main">Lee Iacocca</span> American businessman (1924–2019)

Lido Anthony "Lee" Iacocca was an American automobile executive best known for the development of the Ford Mustang, Continental Mark III, and Ford Pinto cars while at the Ford Motor Company in the 1960s, and for reviving the Chrysler Corporation as its CEO during the 1980s. He was president of Chrysler from 1978 to 1991 and chairman and CEO from 1979 until his retirement at the end of 1992. He was one of the few executives to preside over the operations of two of the United States' Big Three automakers.

<span class="mw-page-title-main">Bob Lutz (businessman)</span> Swiss-American automotive executive (born 1932)

Robert Anthony Lutz is a Swiss-American automotive executive. He served as a top leader of all of the United States Big Three automobile manufacturers, having been in succession executive vice president of Ford Motor Company, president and then vice chairman of Chrysler Corporation, and vice chairman of General Motors.

<span class="mw-page-title-main">Jerry York (businessman)</span> American businessman

Jerome Bailey York, commonly known as Jerry York, was an American businessman, and the chairman, president and CEO of Harwinton Capital. He was the former CFO of IBM and Chrysler, and was CEO of Micro Warehouse. He was a chief aide to Kirk Kerkorian and his Tracinda investment company. In February 2006, Kerkorian helped elect York to the board of directors of General Motors, from which he had previously resigned.

Thomas William LaSorda, is a Canadian-American automobile industry executive who was CEO and President of the Chrysler Group. In December 2011, he joined the board of Fisker Automotive and assumed the role of CEO until his resignation in August 2012.

<span class="mw-page-title-main">Purdue Pharma</span> American pharmaceutical company (1892–2019 bankruptcy)

Purdue Pharma L.P., formerly the Purdue Frederick Company (1892–2019), was an American privately held pharmaceutical company founded by John Purdue Gray. It was sold to Arthur, Mortimer, and Raymond Sackler in 1952, and then owned principally by the Sackler family and their descendants.

Hawker Beechcraft Corporation (HBC) was an American aerospace manufacturing company that built the Beechcraft and Hawker business jet lines of aircraft between 2006 and 2013. The company headquarters was in Wichita, Kansas, United States, with maintenance and manufacturing locations worldwide. The history of Hawker Beechcraft originated in 1994 when Raytheon merged its Beech Aircraft Corporation and Raytheon Corporate Jets units.

<span class="mw-page-title-main">Sergio Marchionne</span> Italian-Canadian businessman (1952–2018)

Sergio Marchionne was an Italian-Canadian businessman, widely known for his turnarounds of the automakers Fiat and Chrysler, his business acumen and his outspoken and often frank approach, especially when dealing with unpalatable issues related to his companies and the automotive industry.

Raymond Sackler was an American physician and businessman. He acquired Purdue Pharma together with his brothers Arthur M. Sackler and Mortimer Sackler. Purdue Pharma is the developer of OxyContin, the drug at the center of the opioid epidemic in the United States.

<span class="mw-page-title-main">Giuliani Partners</span> Security consulting firms

Giuliani Partners LLC is a management consulting and security consulting business founded by former New York City Mayor Rudy Giuliani in January 2002. As of 2020, Dun & Bradstreet estimated that the business had 20 employees and revenues of $6.34 million.

<span class="mw-page-title-main">History of Chrysler</span>

The history of Chrysler involves engineering innovations, high finance, wide alternations of profits and losses, various mergers and acquisitions, and multinationalization. Chrysler, a large automobile manufacturer, was founded in the 1920s and continues under the name Stellantis North America.

Mortimer David Sackler was an American-born psychiatrist and entrepreneur who was a co-owner, with his brothers Arthur and Raymond, of Purdue Pharma. During his lifetime, Sackler's philanthropy included donations to the Metropolitan Museum of Art, the Tate Gallery, the Royal College of Art, the Louvre and Berlin's Jewish Museum.

<span class="mw-page-title-main">Richard Sackler</span> American billionaire (born 1945)

Richard Stephen Sackler is an American billionaire businessman and physician who was the chairman and president of Purdue Pharma, a former company best known as the developer of OxyContin, whose connection to the opioid epidemic in the United States was the subject of multiple lawsuits and fines, and that filed for bankruptcy in 2019. It has been claimed that Richard Sackler's Purdue is among "the worst drug dealers in history" and the Sackler family have been described as the "most evil family in America". The company's downfall was the subject of the 2021 Hulu series Dopesick and the 2023 Netflix series Painkiller.

Massachusetts v. Purdue is a lawsuit filed on August 14, 2018, suing the Stamford, Connecticut-based company Purdue Pharma LP, which created and manufactures OxyContin, "one of the most widely used and prescribed opioid drugs on the market", and Purdue's owners, the Sacklers accusing them of "widespread fraud and deception in the marketing of opioids, and contributing to the opioid crisis, the nationwide epidemic that has killed thousands." Purdue denied the allegations.

Barry Meier is a writer and former New York Times journalist who wrote the 2003 non-fiction book Pain Killer: A Wonder Drug's Trail of Addiction and Death. His articles "have led to Congressional hearings and changes in federal laws".

The Sackler family is an American family who owned the pharmaceutical company Purdue Pharma and later founded Mundipharma. Purdue Pharma, and some members of the family, have faced lawsuits regarding overprescription of addictive pharmaceutical drugs, including OxyContin. Purdue Pharma has been criticized for its role in the opioid epidemic in the United States. They have been described as the "most evil family in America", and "the worst drug dealers in history".

<span class="mw-page-title-main">Timeline of the opioid epidemic</span>

The timeline of the opioid epidemic includes selected events related to the origins of Stamford, Connecticut-based Purdue Pharma, the Sackler family, the development and marketing of oxycodone, selected FDA activities related to the abuse and misuse of opioids, the recognition of the opioid epidemic, the social impact of the crisis, lawsuits against Purdue and the Sackler family.

Fernando Luis Alvarez is a Colombian-American art gallerist, artist, activist, patron of the arts, and philanthropist based in Stamford, Connecticut. He is known as the founder of his eponymous art gallery, Alvarez Gallery. He is also the founder of Clementina Arts Foundation, The Spoon Movement, The Curtain Movement, and vice-chair of The Global Recovery Movement.

Curtis Wright IV is an American former government official known for his role in the Food and Drug Administration's approval of OxyContin for Purdue Pharma in 1995, followed by his subsequent employment by the company, which led to portrayals in films and reports in nonfiction books, magazines, and news media outlets of his alleged role as one of the key figures in the current opioid epidemic in the United States. Wright was implicated in a criminal conspiracy outlined in a 2006 United States Department of Justice review document that was first made public in Purdue Pharma's 2019 bankruptcy proceedings. Although that case was settled in a 2007 plea agreement deal, members of United States Congress have requested the full 2006 documentation from the Department of Justice with the goal of opening a new case based upon the evidence then gathered. Parts of Wright's sworn depositions in 2003 and 2018 have internal contradictions and differ from documentary evidence described the 2003–2006 U.S. Federal Government investigation into Purdue Pharma.

Leo-Arthur Kelmenson was an American advertising executive. He was chief executive of Kenyon & Eckhardt and the Bozell Group. A confidant and close associate of Lee Iacocca, he was known for contributing the turnaround of Chrysler Corporation by creating the ad campaign that helped to revive the ailing company and reshape its image.

References

  1. 1 2 Niles, Russ (7 February 2012). "New CEO At Hawker Beechcraft". AVweb. Retrieved 9 February 2012.
  2. ↑ "Robert S. (Steve) Miller | MidOcean Partners". www.midoceanpartners.com. Retrieved 2024-02-09.
  3. ↑ "Robert S. Miller". Forbes . Archived from the original on October 27, 2008. Retrieved 31 July 2011.
  4. ↑ Jr, Berkeley Lovelace (2019-09-16). "Purdue Pharma chair: Best way to fight opioid crisis is for OxyContin maker to stay in business". CNBC. Retrieved 2024-02-09.
  5. ↑ Schott, By Paul. "Sacklers quit Purdue Pharma board amid shifts for OxyContin maker". Stamford Advocate. Retrieved 2024-02-09.
  6. 1 2 3 4 "Robert S. Miller Jr". Bloomberg Businessweek. Archived from the original on October 15, 2012. Retrieved 31 July 2011.
  7. 1 2 3 "Robert S. Miller". Symantec. Archived from the original on May 1, 2006. Retrieved 31 July 2011.
  8. ↑ Lublin, Joann S. (7 October 2009). "As Delphi Emerges From Bankruptcy, Executive Regrets the Bumpy Ride". Wall Street Journal . Retrieved 31 July 2011.
  9. ↑ Campbell, Dakin; Hwang, Inyoung (15 July 2010). "AIG's 'Turnaround Kid' Miller Gets Challenge at Rescued Insurer". Bloomberg. Retrieved 31 July 2011.
  10. ↑ "Former Delphi CEO Miller Reappears On Wall Street". The Detroit Bureau. 15 July 2010. Retrieved 31 July 2011.
  11. ↑ "Margaret K. "Maggie" Miller, Oregon: Wife of Delphi chief helped revitalize DSO". The Detroit News. Retrieved 31 July 2011.
  12. ↑ "Wedding bells or Cattle Baron's Ball?". Crain's Detroit Business. Archived from the original on 30 July 2012. Retrieved 31 July 2011.
  13. ↑ Sloan, Allan (18 February 2008). "Surprising confessions of a turnaround guy". CNN Money. Retrieved 31 July 2011.
Business positions
Preceded by Non-executive chairman of AIG
2010–		Succeeded by
incumbent
Preceded by
Bill Boisture
 CEO of Hawker Beechcraft
2012–		Succeeded by
incumbent
This page is based on this Wikipedia article
Text is available under the CC BY-SA 4.0 license; additional terms may apply.
Images, videos and audio are available under their respective licenses.