Heather Bresch - Net Worth, Age, Height, Birthday, Bio, Wiki!

Explore Heather Bresch net worth, age, height, bio, birthday, wiki, and salary! Heather Bresch (nee Manchin, born June 27, 1969) was an American business executive. Since 2012, she has been the chief executive officer (CEO), of Mylan, a Dutch pharmaceutical company. She is currently ranked 396 in the Fortune 500. She was ranked #22 on Fortune magazine’s 2015 “Most Powerful Woman” list. In this article, we will discover how old is Heather Bresch? Who is Heather Bresch dating now & how much money does Heather Bresch have?

Heather Bresch Biography

Heather Bresch is one of the most popular and richest Chief Executive Officer who was born on June 27, 1969 in Morgantown, West Virginia, United States. Bresch testified before Congress in 2006 to lobby for amendments to the law to prevent pharmaceutical companies raising concerns about the introduction generic competitors through citizen’s petitions to FDA. This would also prevent pharma companies negotiating for generics to be approved to undercut generic drug company profits.

In 2007, The Pittsburgh Post-Gazette reported that Bresch had claimed to have an MBA degree from West Virginia University, but the university disputed that. The university subsequently awarded her an EMBA despite her having completed only 26 of the required 48 credits. Her father was governor of the state of West Virginia at the time.

Bresch is the daughter of former West Virginia Governor and current U.S. Senator, Joe Manchin. Bresch has been a central figure in two controversies; a 2007 accusation of inflating her resume with an unearned MBA degree, and as the CEO of Mylan during the controversy over pricing of the company’s EpiPen products.

Bresch was Mylan’s director for government relations from 2002 to 2005. Bresch was instrumental in the development of Medicare Prescription Drug, Improvement and Modernization Act of 2003, creating Medicare Part D, a prescription drug benefit.

Bresch began his career as a clerk at a Mylan factory, a generic drug manufacturer. He rose up the ranks to become the chief operating officer of the company in 2012. Bresch’s father, Milan Puskar, mentioned to Bresch that his daughter was looking for a job at Mylan. She was offered a job in the quality control section of a Morgantown factory by the company. Bresch said that she was unsure about the offer. Her father advised her to “absolutely accept it” and give it a year. He advised her to start as a clerk typing labels. She was promoted several times over the years because she worked hard and learned the industry inside-out.

Proxy filings show that from 2007 to 2015, Bresch’s compensation rose from $2,453,456 to $18,931,068, a 671% increase in pay.

Heather Bresch Net Worth

Heather is one of the richest Chief Executive Officer from United States. According to our analysis, Wikipedia, Forbes & Business Insider, Heather Bresch's net worth $5 Million. (Last Update: January 13, 2024)

Bresch was a student at Fairmont Senior High School, Fairmont, West Virginia. She graduated from West Virginia University in 1991 with a bachelor’s degree in political science. In 1991, she was hired as a clerk at Mylan.

As CEO of Mylan, Bresch continued advocating for more regulation of the pharmaceutical industry by the Food and Drug Administration (FDA). She was recognized in Esquire’ s 2011 “Patriots of the Year” list for her work pushing for the Food and Drug Administration Safety and Innovation Act (FDASIA). She was named one of Fortune magazine’s “50 Most Powerful Women In Business” in 2014.

Bresch’s appointment as chief executive officer (CEO) was announced in 2011, and she officially took the position in January 2012. Bresch was the first female CEO of a large pharmaceutical business. At the time, she was one of 18 female CEOs of a Fortune 500 company. After seeing how few female candidates were available for positions that require a background in science and math, she became more interested in promoting math and science education among young girls.

Ethnicity, religion & political views

Many peoples want to know what is Heather Bresch ethnicity, nationality, Ancestry & Race? Let's check it out! As per public resource, IMDb & Wikipedia, Heather Bresch's ethnicity is Not Known. We will update Heather Bresch's religion & political views in this article. Please check the article again after few days.

Bresch led the integration of Matrix Laboratories Limited and Merck KGaA’s generics and specialty pharmaceutical businesses with Mylan’s operations. She was chair of the Generic Pharmaceutical Association (GPhA) for two terms. Bresch was appointed president of Mylan in 2009 and joined Mylan’s board of directors in March 2011.

Who is Heather Bresch Dating?

According to our records, Heather Bresch married to Jeff Bresch . As of January 13, 2024, Heather Bresch’s is not dating anyone.

Bresch persuaded several of Mylan’s competitors to support what became the Generic Drug User Fee Act, which she proposed to lawmakers in 2010. Under the law the generics industry would pay the FDA fees of $300 million to get their drugs approved, and in return the FDA would inspect foreign drug manufacturing facilities at the same rate as U.S-based facilities – something it had not been doing, even though the entire pharmaceutical industry had begun to depend on foreign manufactures for ingredients as well as finished products. To advocate for the new law, she made hundreds of visits to Washington, D.C., sponsored a white paper, and used all the political skills she had learned from her father. The Generic Drug User Fee Act of 2012 was passed on July 9, 2012, and required FDA inspections of pharmaceutical manufacturing locations abroad if they are importing into the United States.

Height, Weight & Body Measurements

Heather Bresch height Not available right now. Heather weight Not Known & body measurements will update soon.

In the ensuing controversy, the university announced in April 2008 that it would rescind Bresch’s degree. Michael Garrison, WVU president at the time, was reported to be “a family friend and former business associate of Bresch” and a former consultant and lobbyist for Mylan. After a faculty vote of no confidence, Garrison and several university officials subsequently resigned.

Bresch was ranked #31 in Fortune magazine’s 2014 “50 Most Powerful Women” list That same year, she won the EY Global Impact of the Year Award. Bresch was the 2017 Albert Schweitzer Leadership Award honoree at an awards gala hosted by the Hugh O’Brian Youth Leadership Foundation.

Facts & Trivia

Heather Ranked on the list of most popular Chief Executive Officer. Also ranked in the elit list of famous people born in United States. Heather Bresch celebrates birthday on June 27 of every year.

Also in 2014, Bresch and Mylan announced a $5.3 billion acquisition of Abbott Laboratories as part of a corporate tax inversion plan to re-organize the company in the Netherlands and move its domicile to a country with lower taxes. Bresch said it was a difficult choice to make, but it had to be done to maintain competitiveness against pharmaceutical manufacturers that had already executed similar inversion strategies. The company completed the complex tax inversion in February 2015. The inversion—which formally resulted in the creation of a new company, Mylan N.V., with 78% of its shares held by former Mylan Inc. shareholders and 22% of its shared held by Abbott Labs shareholders—was expected to immediately drop Mylan’s U.S. corporate tax rate to 21% (from 24%) in the first year “and into the high teens over the next three to five years.” The New York Times said there was something “disconcerting” about a company that benefits from large government contracts renouncing their citizenship for tax benefits.

What did Heather Bresch do?

September 7 2021, 9:48 a.m. Heather Bresch, the former president and CEO of the drugmaker Mylan, worked directly with the CEO of Pfizer to keep prices of the company’s EpiPen product artificially high, according to new documents released as part of an ongoing lawsuit.

Who jacked up the price of EpiPen?

After about 40 minutes of benign, getting-to-know-you questions, interviewer Poppy Harlow finally got around to asking about the lingering stink that surrounds Bresch having jacked up the price of life-saving EpiPens by more than 400%. Mylan didn’t invent the devices.

How much does the CEO of Mylan make?

Is Heather Bresch still CEO of Mylan?

Mylan N.V. recently merged with Pfizer’s UpJohn division to form Viatris Inc. and announced the resignation of Chief Executive Officer Heather M. Bresch, effective November 16, 2020.

Why did Heather Bresch increase EpiPen prices?

Bresch added that she believes there needs to be more transparency in how drugs are priced along that chain, and she suggested that families who are in high-deductible insurance plans ended up with most of the burden of rising EpiPen prices.

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