Health Care Hall of Fame Past Inductees
Vernon R. Loucks Jr.
Inducted in 2006
When Loucks answered a help-wanted ad in the Chicago Tribune back in 1966, it's fair to say few could have predicted his rise to CEO of Baxter International 14 years later. During Loucks' years as CEO, the pharmaceuticals giant saw its sales more than quadruple to $5.7 billion, and its workforce grew by 12,000 workers. After a trip to Europe in 1968, Loucks came back with the idea to expand Baxter's business internationally. He approached Bill Graham, another Health Care Hall-of-Famer, with the idea of expanding into Africa, Australia, the Far East, Latin America and the Middle East. Five years later, sales exceeded $100 million. Loucks went on to become the first chairman of the Healthcare Leadership Council, which was formed in the early 1990s in response to the Clinton administration's goal of instituting healthcare reforms, which eventually would fail to pass in Congress.