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James Milton Cornelius

pharmaceutical company executive

James Milton Cornelius, American pharmaceutical company executive. Recipient Man of Achievement award, Anti-Defamation League, 2003, Hoosier Heritage Lifetime Achievement award, 2005.


Cornelius, James Milton was born on October 28, 1943 in Kalamazoo. Son of Charles D. and Eleanor F. (Short) Cornelius.


Bachelor magna cum laude in Accounting, Michigan State University, 1965. Master of Business Administration in Finance, Michigan State University, 1967. Doctor (honorary), Marian College, 1996.

Doctor (honorary), University Indianapolis, 1998. Doctor (honorary), Michigan State University, 2001.


Associate accountant Eli Lilly & Company, Indianapolis, 1967, finance planning analyst, 1969—1973, administrator corporation finance, 1973—1975, manager economic studies, 1975—1978, initial director acquisitions, medical device and diagnostics division, 1978, director health care business planning, 1978—1980, president International Vaccine Access Center Corporation subsidiary San Diego, 1980—1982, corporation treasurer, 1982—1983, vice president finance, Chief Financial Officer, 1983—1995. Chairman Guidant, 1994—2000, senior executive, 1995—2000, non-executive chairman, 2000—2006, interim Chief Executive Officer, 2005—2006, chairman emeritus, since 2006. Interim Chief Executive Officer Bristol-Myers Squibb Company, 2006—2007, Chief Executive Officer, 2007—2008, chairman, Chief Executive Officer, 2008—2010, chairman, since 2010, member executive committee, since 2009.

Indiana director Given Imaging Ltd. Board directors, chair board audit committee DirectTV Group, Inc. Board directors Chubb Corporation, 1998—2006, Bristol-Myers Squibb Company, since 2005, Hughes Electronic Corporation, American United Mutual Insurance Holding Company, DowElanco, Indiana National Bank, Indiana Bell Telephone Сompany, Compuserve, National Bank Indianapolis Corporation, Leerink Swann & Company.

Founder, managing partner Twilight Venture Partners. Served to 1st lieutenant Finance Corps United States Army, 1967-1969.


  • Contributing author: The Chief Financial Officer's Handbook, 1986.


Treasurer Noyes Foundation, Indianapolis, 1983. Member advisory board business corporation Michigan State University, 1983. Treasurer board governors Indianapolis Museum Art.

Trustee University Indianapolis Zoological Society. President Cornelius Family Charitable Foundation. Board directors Municipal Recreation, Inc., 1982, Community Hospital Foundation, 1991, Walker Research, 1991, United Way Central Indiana.

Member of Pharmaceutical Manufacturing Association (past chairman finance section), Finance Executives Institute.


  • Other Interests

    Tennis, reading, jogging.


Married Kathleen McGovern. Children: Andrew, Lindsay.

Charles D. Cornelius

Eleanor F. (Short) Cornelius

Kathleen McGovern

Andrew Cornelius

Lindsay Cornelius