Corporate Overview Fact Sheet
Founded in 1888 by Chicago physician Dr. Wallace C. Abbott, Abbott has emerged as one of the world's most diverse health care companies. The company has approximately 91,000 employees worldwide serving customers in more than 130 countries. Abbott ranks No. 71 on the FORTUNE 500 and is headquartered in north suburban Chicago, USA.
Principal Officer
Miles D. White, chairman and CEO, since 1999
Key 2011 Financial Measures
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Primary Businesses
- Medical Products – Key lines of business include vascular, laboratory and molecular diagnostics, diabetes care, vision care and animal health.
- Nutritionals – Abbott offers a variety of nutrition products for infants, children, active adults and patients with special dietary needs.
- Pharmaceuticals – Includes global patented pharmaceuticals and investigative compounds and indications in development, and established pharmaceuticals.
Recognition
- FORTUNE: Among "Most Admired Companies," 1984-present
- Barron's: Listed No. 28 in 2011 ranking of world's 100 most respected companies
- Barron's: Miles White among world’s 30 "Most Respected CEOs" four straight years
- Dow Jones Sustainability Index: Listed among world leaders in economic, environmental and social performance seven straight years
- Scrip:2011 award for Leadership in Corporate Social Responsibility
- The Deal magazine: Most Admired Corporate Dealmaker in health care four straight years
- Working Mother: "100 Best Companies for Working Mothers" 11 straight years
- DiversityInc: "50 Best Companies for Diversity" nine straight years
- Science and The Scientist magazines: Recognized as a top employer for scientists
for many years - Honored for workplace leadership in more than 25 countries