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Chairman and CEO of Abbott Laboratories will Deliver Keynote for Salt Lake Chamber's A Giant In Our City Tribute.


SALT LAKE CITY -- Salt Lake Chamber

Miles D. White Miles D. White is an American businessman. He is currently chairman of the board and chief executive officer of Abbott. He is also chairman of the Federal Reserve Bank of Chicago. , Leader of "One of the Most Admired Corporations in America," will Give the Keynote Speech keynote speech
n.
See keynote address.

Noun 1. keynote speech - a speech setting forth the keynote
keynote address

keynote - the principal theme in a speech or literary work
 for Salt Lake Chamber's 23rd A Giant In Our City Celebration Honoring Renowned Biotechnology Entrepreneur James LeVoy Sorenson James LeVoy Sorenson (1922-) is the founder of Sorenson Companies, a parent company of 32 corporations. A noted philanthropist, he is currently the richest man in Utah and 50th in the U.S., according to Forbes World's Richest People.  

The Salt Lake Chamber announced today Miles D. White, chairman of the board and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board.  of Abbott Laboratories, will be the keynote speaker at the chamber's A Giant In Our City award banquet honoring renowned biomedical bi·o·med·i·cal
adj.
1. Of or relating to biomedicine.

2. Of, relating to, or involving biological, medical, and physical sciences.
 entrepreneur James LeVoy Sorenson. A Giant In Our City is the chamber's most prestigious award and will be presented to Sorenson for his medical inventions, industry building and altruism on Feb. 15, 2006.

As keynote speaker, White brings the engaging viewpoint of a nationally recognized business leader and head of a Fortune 100 company that has been named One of America's Most Admired Companies A yearly publication by Fortune Magazine, America's Most Admired Companies consists of corporations that are highly esteemed by the likes of Business Executives, Directors, and Analysts. A survey is taken of close to 3300 professionals who give their opinions on the companies.  every year since 1984 by Fortune magazine. Abbott Laboratories is a diversified health care company that employs 60,000 people in 130 countries.

Sorenson and Abbott Laboratories have a connection that goes back 25 years when Sorenson sold his medical device company, Sorenson Research, to Abbott Laboratories. At the time, Sorenson Research had produced important medical innovations, including the first computerized heart monitor and the first blood recycling system. The Salt Lake-based company also invented the first catheters that enable long-term indwelling indwelling /in·dwell·ing/ (in´dwel-ing) pertaining to a catheter or other tube left within an organ or body passage for drainage, to maintain patency, or for the administration of drugs or nutrients.  catheterization catheterization

Threading of a flexible tube (catheter) through a channel in the body to inject drugs or a contrast medium, measure and record flow and pressures, inspect structures, take samples, diagnose disorders, or clear blockages.
 by preventing blood clotting blood clotting, process by which the blood coagulates to form solid masses, or clots. In minor injuries, small oval bodies called platelets, or thrombocytes, tend to collect and form plugs in blood vessel openings. . Named Intraflo and Dialaflo, these modern catheters revolutionized critical health care practice and quickly became best sellers. With the purchase by Abbott Laboratories in 1980, Sorenson Research became Abbott's Critical Care division and Sorenson became Abbott's largest individual shareholder.

"We are very fortunate to have Miles White speak at our award presentation," said Lane Beattie, president and CEO of the Salt Lake Chamber. "He leads a great company that has distributed many of the innovative medical devices that Jim Sorenson helped create and that have made modern health care safer and more effective for all of us."

White joined Abbott in 1984, became chief executive officer in 1998 and chairman of the board in 1999. He also holds positions in many prestigious private and public organizations. Among them, he is on the boards of directors of the Tribune Co. and Motorola, chairman of the Federal Reserve The Chairman of the Board of Governors of the Federal Reserve System is the head of the central banking system of the United States and one of the most important decision-makers in American economic policies.  Bank of Chicago and vice chairman of the board of trustees board of trustees Politics The posse of thugs who oversee an institution's administration. See Board of directors.  of the Field Museum. He is also on the board of trustees of Northwestern University and the Culver Educational Foundation.

Abbott Laboratories regularly wins major business honors, including being listed No. 48 among the Top 500 American Companies by Forbes magazine, No. 21 among America's Best Wealth Creators by Fortune magazine, and one of the Top 10 Companies for Women by Health magazine.

The 23rd A Giant In Our City tribute dinner will be held on Wednesday, Feb. 15, 2006. A 6 p.m. reception will be followed by dinner at 7 p.m. The event will be held in the Grand Ballroom at The Grand America Hotel The Grand America, a member of the Leading Hotels of the World, is located in Salt Lake City, Utah. Owned by Earl Holding, the hotel opened on March 27, 2001 in preparation for the 2002 Winter Olympics. , 555 South Main St. The cost is $150 per person and $1,500 for a table of 10. Reservations should be made by Feb. 8, 2006, at www.saltlakechamber.org, by e-mailing awards@saltlakechamber.org or by calling 801-328-5050. Black tie is invited. Seating is limited.

About Abbott Laboratories

Abbott is a global, broad-based health care company devoted to the discovery, development, manufacture and marketing of pharmaceuticals and medical products, including nutritionals, devices and diagnostics. The company employs 60,000 people and markets its products in more than 130 countries.

About A Giant In Our City

The Salt Lake Chamber's board of governors established the Giant In Our City award in 1969. The award was created to honor lives of exceptional and distinguished public service and extraordinary professional achievement. It is considered the chamber's most prestigious award and is given periodically by the chamber's board of governors.

The 25 past winners of A Giant In Our City were: 1970, Eric C. Aaberg; 1972, Clarence Bamberger; 1974, E.M. Naughton; 1977, John M. and Glenn Wallace; 1978, N. Eldon Tanner; 1981, John W. Gallivan; 1982, George S. Eccles; 1984, Richard A. Van Winkle; 1985, Wendell J. Ashton; 1986, Arch L. Madsen; 1987, B.Z. Kastler; 1990, S. Chris Johnson; 1992, Gov. Calvin R. Rampton; 1994, G. Frank Joklik; 1995, Fred S. Ball; 1998, Kenneth Y. Knight; 1999, Scott S. Parker; 2000, Verl Topham; 2001, Spencer Eccles; 2002, W. Mitt Romney; 2003, Don Cash, Nick Rose and President Gordon B. Hinckley Gordon Bitner Hinckley (born June 23 1910) has been the fifteenth president of The Church of Jesus Christ of Latter-day Saints since March 12, 1995. He is the oldest person to preside over the LDS Church in its history. , and in 2005, Jon M. Huntsman.

About the Salt Lake Chamber

The Salt Lake Chamber is Utah's largest business association and Utah's Business Leader(TM). With roots that go back to 1887, the Salt Lake Chamber has been standing as the voice of business, supporting its members' success and championing community prosperity for more than 100 years. The Salt Lake Chamber is a statewide association of 1,863 member firms representing approximately 350,000 workers. It shortened its name in 2001 from "Salt Lake Area Chamber of Commerce" to "Salt Lake Chamber." In 2003 it merged with the Salt Lake City Downtown Alliance, which operates as an affiliate of the chamber.
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Publication:Business Wire
Geographic Code:1USA
Date:Jan 3, 2006
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