Edmund T. Pratt, Jr.

Edmund Taylor Pratt Jr.
Born	1927 Savannah, Georgia
Died	September 5, 2002 New York, New York
Alma mater	Duke University (B.S.) University of Pennsylvania (M.B.A.)
Occupation	Chairman and CEO of Pfizer

Edmund T. Pratt Jr. (1927 - September 5, 2002) was the Chairman and CEO of Pfizer Inc.. He served as President from 1971 to 1972, CEO from 1972 to 1991, and Chairman from 1972 to 1992. He is the namesake of Duke University's Engineering School.

Pratt was born in Savannah, Georgia in 1927 and grew up in Elkton, Maryland. His father worked for the Army Corps of Engineers He graduated Duke University in 1947 magna cum laude with a bachelor of science in electrical engineering. He also obtained an MBA from University of Pennsylvania's Wharton School of Business in 1949.

Pratt began his career at IBM in 1949. His time at IBM was interrupted for two years when he served with the Navy as a lieutenant during the Korean War. Afterwards, he returned to IBM in 1952, eventually serving as controller of IBM World Trade Corporation from 1958 to 1962. Pratt then joined the Kennedy Administration as assistant secretary of the Army for Financial Management.

After leaving the government in 1964, Pratt joined Pfizer as controller. In 1969, he became chairman and president of Pfizer International. In 1971, he was elected president of Pfizer, and in 1972 he succeeded Jack Powers as chairman and CEO.

During Pratt's two decades at the helm, Pfizer evolved into one of the fastest-growing pharmaceutical companies in the United States. Pratt expanded research and development facilities worldwide, acquired Howmedica and other medical device companies, and introduced of products like Procardia, Feldene, Diflucan, and Norvasc. Under his leadership, annual revenue increased sevenfold, from $1 billion to nearly $7 billion.

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