Peter M. “Pete” Nicholas
Chairman of the Board
Boston Scientific Corporation
Pete Nicholas is a Co-founder of Boston Scientific
and Chairman of the Board. In
1979, Mr. Nicholas joined John Abele to form Boston Scientific. He served as Boston Scientific’s Chairman and Chief
Executive Officer from its founding until March of 1999.
Under his vision and leadership, Boston Scientific grew from a
start-up company with 38 employees to a $3 billion company in 1999,
employing more than 13,500 people worldwide.
An architect of industry consolidation, Mr. Nicholas
pioneered the concept of Strategic Mass, which involves selectively
assembling the business operations, products and technologies required for
success and leadership in chosen business segments.
Under his direction, Boston Scientific successfully completed an
acquisition program that allowed the company to rapidly achieve strategic
mass in the less invasive medical device industry.
Before co-founding Boston Scientific in 1979, Mr. Nicholas served as General Manager of the Medical Products Division at Millipore Corporation. From 1968 through 1978, he held various positions both in and outside the U.S. at Eli Lilly & Company, in sales, marketing and general management. Lilly is a pharmaceutical and medical technology company based in Indianapolis, Indiana.
Mr. Nicholas is Vice Chairman of the Board of Trustees of Duke University and serves on the board’s executive committee. Mr. Nicholas is a “Fellow” of the National Academy of Arts & Sciences and a member of the American Academy of Achievement and a recent recipient of the Ellis Island Medal of Honor. He also serves on the Board of Directors of the Boys and Girls Club of Boston, and in the past has served on several for profit and not-for-profit boards. After college, Mr. Nicholas served as an officer in the U.S. Navy, resigning his commission as a lieutenant in 1968. He earned a B.A. from Duke and an M.B.A. from the Wharton School of Business at the University of Pennsylvania.
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