Healthcare >> CEO Interviews >> January 12, 2004
DANE A. MILLER is President and Chief Executive Officer of Biomet, Inc.
Dr. Miller received a BS in Mechanical Materials Science Engineering
from General Motors Institute in 1969. Following, he received an MS and
a PhD in Materials Science Biomedical Engineering from the University of
Cincinnati in 1971 and 1974, respectively. Dr. Miller began his career
in Orthopedics as Director of Biomedical Engineering at Zimmer USA, a
division of Bristol-Myers Squibb, in Warsaw, Indiana. His
responsibilities included engineering, prototype design and fabrication,
and basic research support for all new product development programs. He
served in this capacity from 1972 to 1975. From 1975 to 1978, Dr. Miller
served as Director of Biomedical Engineering for Cutter Biomedical, a
division of Cutter Laboratories, Inc., in San Diego, California. His
responsibilities included organizing and staffing a complete product
development group. Finally, in 1978, Dr. Miller returned to Warsaw and,
along with three other local individuals with orthopedic manufacturing
experience, formed Biomet, Inc. Their goal was to become the most
responsive company in orthopedics while simultaneously providing
patients with the highest quality and most clinically proven products in
the marketplace. Dr. Miller has served as President and CEO of the
company since 1978. Today, with Dr. Miller at the helm, Biomet has grown
from a fledgling company with sales of $17,000 in its first year into
one of the leading musculoskeletal companies in the world, with annual
sales of $1.6 billion. Profile
sketch a picture of how things are at this time?
Dr. Miller: First, as you may or may not know, we just finished our
second
