![]() Duncan and Leroy Hood, Teheba Books, 2006. The Amgen Story: 25 Years of Visionary Science and Powerful Medicine, auths.He will be replaced by Robert Bradway, Amgen's current COO., See also Sharer even reportedly hired his old firm, McKinsey, to tutor him in pharmaceuticals and biochemistry.Īfter 20 years leading Amgen, it was announced that Sharer would retire at the end of 2012. Nevertheless, Sharer took a 'crash course' in biotechnology, taking six months of half-sabbatical to immerse himself in the study of biotech issues. He will be replaced by Robert Bradway, 48, who is currently president and chief operating officer. Instead, Sharer’s corporate experience was what was sought after by Amgen. December 19th, 2011 // 4:25 pm jmpickett After a tumultuous decade running one of the biggest biotechs in the land, Kevin Sharer will retire as ceo in May and leave his post as chairman at the end of next year. Some criticized the choice of someone without a medical or chemical degree for the position, but his predecessor at Amgen, Gordon Binder felt that the company already had enough people with strong science backgrounds. Amgen was then world’s largest biotechnology company, but small when compared to large pharmaceutical organizations. So finally, in 1992, he joined biotech company Amgen, Inc. At MCI, again Sharer became convinced that internal politics would keep him in a number three position and that he would never get to be the CEO. Thus, in 1989, Sharer left GE for an executive vice president position in marketing at MCI Telecommunications Corporation. Sharer reportedly refused the job because that position was not high profile enough. Sharer made an impression on Jack Welch, GE's CEO, who offered him a chance to lead the GE jet engine division. Most recently, he served as chairman and CEO of Amgen, the world's largest biotechnology company with a. He has a long and successful track record in leadership, management and governance roles in innovative, fast-growing companies. In 1984, General Electric (GE) recruited Sharer for a position in corporate development. Sharer joined Foundation Medical Partners to focus on connected health venture capital investments. Sharer's naval experience had caught the attention of Ron Bancroft, also a Naval Academy graduate and a partner in McKinsey's Washington, D.C., office. With new MBA in hand, Sharer briefly spent time in a consulting position with McKinsey & Company, a management consulting firm. From 1978 to 1982, Sharer worked at AT&T and simultaneously earned an MBA degree from the University of Pittsburgh. ![]() Corporate Experienceįrom the beginning of his corporate career, Sharer’s ambition was to reach the top of the corporate ladder. He left the Navy with the rank of Lieutenant Commander. ![]() At the age of 27, he became the Chief Engineer on the USS Memphis (SSN-691) overseeing her construction and her crew's training. He served on two naval fast-class nuclear submarines. As an engineering graduate, Sharer served in the Navy from 1971 through 1978. ![]()
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