BNET Industries

Market Cap:$3.8B
Last Fiscal Year Sales:$3.0B
  • Public
  • US
Dow Jones Description

A red blooded company! Beckman Coulter, Inc. (NYSE: BEC) based in Fullerton, CA, makes systems consisting of instruments, chemistries, software and supplies for biomedical laboratory needs. Its laboratory equipment is used for diagnostic analysis and research. The company's clients are hospitals, medical schools and drug companies and they use its products to test blood and other body fluids, life sciences and for drug research. This $2.4 billion company has installed about 200,000 systems in around 130 countries. Founded in 1934, it employs about 10,200 people. In October 2005 the company acquired all of the stock of Diagnostic Systems Laboratories Corporation of Webster, Texas, a leading provider of specialty immunoassays.

President and Chief Executive Officer of Premera Blue CrossBetty Woods
Number of Employees 11,000
Contact Information

4300 N Harbor Blvd

PO Box 3100

Fullerton, California 92835

www.beckmancoul...

1 714 871 4848

NAICS Code Analytical Laboratory Instrument Manufacturing: 334516

Recent Events

  • DHL Signs New Agreement With Leading Biotech Company

    6/05/09 - Joint Venture / Alliance - View Story

  • Beckman Coulter BEC To Offer $235M In Common Stock

    5/18/09 - Merger / Acquisition - View Story

  • Beckman Coulter, Inc. Announces Pricing of Common Stock Offering

    5/20/09 - Joint Venture / Alliance - View Story

  • Fitch Rates Beckman Coulter's Senior Notes 'BBB'

    5/18/09 - Bond / Stock Rating - View Story

  • Fitch Rates Beckman Coulter's Senior Notes 'BBB'

    5/18/09 - Bond / Stock Rating - View Story

  • Beckman Coulter receives Federal Trade Commission approval to acquire diagnostic systems business of Olympus

    5/15/09 - Joint Venture / Alliance - View Story

  • Beckman Coulter Gets Anti-Trust Approval for Proposed Acquisition of Olympus Diagnostic Systems - Update

    5/13/09 - Merger / Acquisition - View Story

  • Beckman Coulter Affirms Outlook; Shares Rise

    5/02/09 - Financial Announcement - View Story

  • Beckman Coulter BEC Declares Qtr. Dividend of $0.17, Yielding 1.29%

    4/28/09 - Stock Split / Dividend - View Story

  • Clinical Data, Inc. Completes Sale of Cogenics Genomics Services

    4/14/09 - Merger / Acquisition - View Story

  • Beckman Coulter 1Q profit halved by charges

    4/28/09 - Financial Announcement - View Story

  • Beckman Coulter To Buy Clinical Data's Cogenics Division For $17 Mln - Quick Facts

    4/01/09 - Merger / Acquisition - View Story

  • Clinical Data sells genomics services unit for $17M

    4/02/09 - Joint Venture / Alliance - View Story

  • Beckman Coulter acquires Cogenics from Clinical Data

    4/16/09 - Merger / Acquisition - View Story

  • Beckman and Olympus Announce Agreement

    3/11/09 - Joint Venture / Alliance - View Story

  • Beckman To Buy Diagnostics Business from Olympus for $800 Million

    3/10/09 - Merger / Acquisition - View Story

  • Beckman Coulter to pay $800 million for Olympus division

    2/28/09 - Merger / Acquisition - View Story

  • Stocks Looking For Direction ahead of GDP Figures; Citi Deal Imminent

    2/27/09 - Joint Venture / Alliance - View Story

News & Analysis

beckman coulter inc. - All News and Analysis

Decision Makers

Name (plus bio) Position
Betty Woods President and Chief Executive Officer of Premera Blue Cross
Joseph Richard Coulter Jr President, CEO and Co-Founder
Scott Garrett Chief Executive Officer
Bobby D Spaid Chief Information Officer
Charles Slacik Chief Financial Officer
Elias Caro Executive Vice President, International Diagnostics
G. Russell Bell Executive Vice President, Global Businesses
Robert W Kleinert Executive Vice President, U.S. Diagnostics Commercial Operations
Russ Bell Executive Vice President, Global Businesses
Arnie Pinkston Senior Vice President
Arnold Pinkston General Counsel & Senior Vice President
Donald B Fuller Senior Vice President, Supply Chain Management
J. Robert Hurley Senior Vice President, Human Resources and Corporate Communications
Pamela A. Miller Senior Vice President, Supply Chain Management
Robert A Boghosian Senior Vice President, Quality, Regulatory Affairs
Robert J. Hurley Senior Vice President, Human Resources, Communications
Carolyn D. Beaver Vice President
Fidencio Mares Vice President, HR & Corp Communications
George E. Bers Vice President, Sys Biology
James F Widergren Vice President
Richard Creager Vice President of Research and Development for Bec
Anne M. Warde Director, Corp Communications
Denny Kershner Director, Marketing
Tom Tang Director of Information Technology
Cynthia Skoglund Manager
Linfeng Zhou Counsel
Charles A. Haggerty Director
Lorinda Palmer Secretary
Peter B Dervan Director
Robert G. Funari Director
Van B. Honeycutt Director

Board of Directors

Name (plus bio) Position
Glenn S. Schafer Chair
James Mazzo Chairman
Hugh K. Coble Board of Directors
Kevin M. Farr Board of Directors
Rene Schlodder Board of Directors
Risa J Lavizzo-Mourey Board of Directors
Risa J. Vizzo Mourey Board of Directors
Robbert G. Funari Board of Directors
Roger B Plotkin Board of Directors
Ronald W. Dollens Board of Directors
Susan R Nowakowski Board of Directors
Willam N Kelley Board of Directors
William N. Kelley Board of Directors
Organization Position Status
Premera Blue Cross Chief Executive Officer Current
Beckman Coulter, Inc. President and Chief Executive Officer of Premera Blue Cross Current
Western Washington University Board of Directors Current
Ambia Board of Directors Current
Seattle University Board of Directors Current
Beckman Coulter, Inc. Director Current
Nacdnw Board of Directors Current
Premera Blue Cross President Former
Beckman Coulter, Inc. Chairman Former
Seattle University Bachelor of Arts In Psychology Former
Organization Position Status
Beckman Coulter, Inc. President, CEO and Co-Founder Current
Illinois Institute of Technology Former

Scott T. Garrett is President and Chief Executive Officer of Beckman Coulter, Inc., one of the world's largest manufacturers of biomedical tests, instrumentation and supplies. Previously, Mr. Garrett served as Chief Executive Officer of Garrett Capital Advisors, LLC, Kendro Laboratory Products, and Dade Behring (a spinout of Baxter International). His prior experience also includes leadership positions at Baxter International and American Hospital Supply Corporation.

Organization Position Status
Beckman Coulter, Inc. Chief Executive Officer Current
Beckman Coulter, Inc. President Current
Beckman Instruments, Inc. Current
Beckman Coulter, Inc. Director Current
Sunol Molecular Corp. Director Current
Patterson Medical Products, Inc. Director Current
Radius Ventures, LLC Board of Directors Current
Dade International Chief Executive Officer Former
Beckman Coulter, Inc. Chief Operating Officer Former
American Hospital Supply Corporation Head Former
Baxter International Inc. Head Former
Dade International Chairman Former
Lake Forest Graduate School of Management Master of Business Administration Former
Valparaiso University B.S. Former
Organization Position Status
Beckman Coulter, Inc. Chief Information Officer Current
Beckman Coulter, Inc. Senior Vice President, Information Technology Former
Organization Position Status
Beckman Coulter, Inc. Chief Financial Officer Current
Watson Pharmaceuticals, Inc. Chief Financial Officer Former
C.R. Bard, Inc. Chief Financial Officer Former
Watson Pharmaceuticals, Inc. Executive Vice President Former
C.R. Bard, Inc. Senior Vice President Former
Beckman Coulter, Inc. Senior Vice President Former
Organization Position Status
Beckman Coulter, Inc. Executive Vice President, International Diagnostics Current
Coulter and Company Senior Management Positions Former
Organization Position Status
Beckman Coulter, Inc. Executive Vice President, Global Businesses Current
Organization Position Status
Beckman Coulter, Inc. Executive Vice President, U.S. Diagnostics Commercial Operations Current
Organization Position Status
Beckman Coulter, Inc. Executive Vice President, Global Businesses Current
Organization Position Status
Beckman Coulter, Inc. Senior Vice President Current
Beckman Coulter, Inc. Secretary Current
Beckman Coulter, Inc. General Counsel Former
Organization Position Status
Beckman Coulter, Inc. General Counsel & Senior Vice President Current
Eli Lilly and Company Deputy General Counsel Former
Beckman Coulter, Inc. Secretary Former
Organization Position Status
Beckman Coulter, Inc. Senior Vice President, Supply Chain Management Current
Technicon Corporation Manufacturing Operations Roles Former
Organization Position Status
Beckman Coulter, Inc. Senior Vice President, Human Resources and Corporate Communications Current
Baxter International Inc. Corporate Vice President Former
Organization Position Status
Orange County Red Cross Senior Vice President of Supply Chain Management for Beckman Coulter Current
Beckman Coulter, Inc. Senior Vice President, Supply Chain Management Current
Orange County Red Cross Board of Directors Current
Beckman Coulter, Inc. Leadership Positions Former
Organization Position Status
Beckman Coulter, Inc. Senior Vice President, Quality, Regulatory Affairs Current
Elan Corporation, PLC Senior Vice President of Quality Operations Former
Organization Position Status
Beckman Coulter, Inc. Senior Vice President, Human Resources, Communications Current
Organization Position Status
Beckman Coulter, Inc. Vice President Current
Commerce National Bank Chair, Audit Committee Current
Commerce National Bank Member, Asset, Liability Committee Current
Beckman Coulter, Inc. Engagement Partner Former
Beckman Coulter, Inc. Controller Former
Beckman Coulter, Inc. Principal Accounting Officer Former
Commerce National Bank Director Former
Organization Position Status
Beckman Coulter, Inc. Vice President, HR & Corp Communications Current
Organization Position Status
Beckman Coulter, Inc. Vice President, Sys Biology Current
Organization Position Status
Beckman Coulter, Inc. Vice President Current
Beckman Coulter, Inc. Treasurer Current
Beckman Coulter, Inc. World, Wide Clinical Diagnostics Finance Director Former
Beckman Coulter, Inc. Finance Manager Former
Beckman Coulter, Inc. Assistant Treasurer Former
Organization Position Status
Beckman Coulter, Inc. Vice President of Research and Development for Bec Current
Organization Position Status
Beckman Coulter, Inc. Director, Corp Communications Current
Beckman Coulter, Inc. Director, Corp Communications Former
Organization Position Status
Beckman Coulter, Inc. Director, Marketing Current
Beckman Coulter, Inc. Director, Marketing Former

Tom Tang graduated from Shangdong University with BS and MS in Mathematics. He also holds Ph.D. in Mathematics, and BS (cum laude) in Biology from University of Utah. From 1993-1997, he taught at Cornell University. Since 1996, Dr. Tang has worked at Incyte (3 years) and Nuvelo (5 years), holding various positions including scientist, programmer, group leader, Director of Software Development, and Sr. Director of Bioinformatics. Before founding Infovell, Dr. Tang was a Sr. Director of Information Technology at Beckman Coulter. Dr. Tang is the inventor of 75 issued US-patents, and has over 20 scientific publications in leading scientific journals.

Organization Position Status
Infovell Chief Technology Officer and Founder Current
Beckman Coulter, Inc. Director of Information Technology Current
Incyte Corporation Current
Infovell Board of Directors Current
University of Utah Ph.D. In Mathematics Former
University of Utah BS Former
Organization Position Status
Beckman Coulter, Inc. Manager Current
Niri Orange County Internet, Communications Chairman, Beckman Coulter Current
Mapi Board of Directors Current
Mapi Member Current
Beckman Coulter, Inc. Senior Specialist, Investor Relations Former
Organization Position Status
Florida.Com Inc Counsel Current
Beckman Coulter, Inc. Counsel Current
Deheng Chen Chan, LLC Current
Becker & Poliakoff Associate Former
Organization Position Status
Beckman Coulter, Inc. Chair Current
Skilled Healthcare, LLC Board of Directors Current
Janus Capital Group, Inc. Board of Directors Current
American Institute of Certified Public Accountants Board of Directors Current
Hospice Care of The West Board of Directors Current
American Institute of Certified Public Accountants Member Current
Pacific Life Insurance Company President Former
Pacific Life Insurance Company Chief Financial Officer Former
Pacific Life Insurance Company Executive Vice President Former
Scottish Re Group Ltd. Chairman Former
Pacific Life Insurance Company Vice Chairman Former
University of Detroit Mercy School of Law MBA in finance, summa cum laude Former
Michigan State University Bachelor of Science degree in accounting Former
Organization Position Status
Advanced Medical Optics, Inc. Chief Executive Officer Current
Chapman University Trustee Current
University of San Diego Trustee Current
Advanced Medical Optics, Inc. Chairman Current
Beckman Coulter, Inc. Chairman Current
AdvaMed Executive Board Member Current
University of California, Irvine Director Current
Allergan, Inc. Chief Executive Officer Former
Advanced Medical Optics, Inc. President Former
Allergan, Inc. President Former
Allergan, Inc. Corporate Vice President Former
Advanced Medical Optics, Inc. Director Former
Organization Position Status
Pentair Pump Group, Inc. Director Current
Pentair, Inc. Board of Directors Current
Beckman Coulter, Inc. Director Current
Imation Corp. Director Current
Deluxe Corporation Board of Directors Current
Western Digital Corporation Chief Executive Officer Former
Global Equity Chief Executive Officer of Le Conte Assoc., Llc Former
Western Digital Corporation President Former
Western Digital Corporation Chairman Former
Imation Corp. Chair Former
Imation Corp. member Former
Organization Position Status
Beckman Coulter, Inc. Board of Directors Current

Kevin Farr is chief financial officer for Mattel, Inc., responsible for the company's worldwide financial functions, as well as information technology, strategic planning, mergers and acquisitions, investor relations, and customs administration. Previously senior vice president and corporate controller, Farr joined Mattel in 1991 as director-Taxes. He held increasingly responsible positions within the company, and was named chief financial officer in 2000. Prior to joining Mattel, Farr spent 10 years with the professional services firm of PricewaterhouseCoopers. A graduate of Northwestern University's J.L. Kellogg Graduate School of Business, Farr earned an M.B.A. in finance and marketing. He also holds a business degree in accounting from Michigan State University. Farr is a Certified Public Accountant and belongs to a number of professional organizations including the American Institute of C.P.A. and the California Society of C.P.A. He serves on the Marshall School Corporate Advisory Board of the Marshall School of Business at the University of Southern California. Farr serves as a board member for Beckman Coulter, Inc., a leading manufacturer of biomedical testing instrument systems, tests and supplies, and chairs the board of directors of the Mattel Children's Foundation. In 2007, Farr also joined the Special Olympics Board of Directors, which determines international policies and is composed of business and sport leaders, professional athletes, educators and experts in intellectual disabilities from around the world. With more than $6 billion in annual sales, Mattel, Inc. is the worldwide leader in the design, manufacture and marketing of toys and family products. The Mattel family is comprised of such best-selling brands as Barbie®, the most popular fashion doll ever introduced, Hot Wheels®, Matchbox®, American Girl®, Radica® and Tyco® R/C, as well as Fisher-Price® brands, including Little People®, Power Wheels® and a wide array of entertainment-inspired toy lines. Mattel is recognized as one of 2008's "100 Best Companies to Work For" by FORTUNE Magazine. With worldwide headquarters in El Segundo, Calif., Mattel employs more than 30,000 people in 43 countries and territories and sells products in more than 150 nations. Mattel's vision is to be the world's premier toy brands-today and tomorrow.

Organization Position Status
Mattel, Inc. Chief Financial Officer Current
Beckman Coulter, Inc. Board of Directors Current
California Society of Certified Public Accountants Board of Directors Current
Mattel, Inc. Senior Vice President Former
Mattel, Inc. Corporate Controller Former
Organization Position Status
Beckman Coulter, Inc. Secretary Current
Organization Position Status
Gilead Sciences, Inc. Current
Beckman Coulter, Inc. Director Current
American Philosophical Society Board of Directors Current
National Academy of Sciences Board of Directors Current
American Philosophical Society Member Current
National Academy of Sciences Member Current
Organization Position Status
Beckman Coulter, Inc. Board of Directors Current
Organization Position Status
Beckman Coulter, Inc. Board of Directors Current
Organization Position Status
Beckman Coulter, Inc. Board of Directors Current
Organization Position Status
Beckman Coulter, Inc. Board of Directors Current
Organization Position Status
Crescent Health Care, Inc. Chief Executive Officer Current
Crescent Health Care, Inc. Chairman Current
Bay Cities National Bank Chairman Current
Pope & Talbot, Inc. Board of Directors Current
Beckman Coulter, Inc. Director Current
National Health Foundation Board of Directors Current
Pope & Talbot, Inc. Team Member Current
First Consulting Group Inc. Team Member Current
Syncor Chief Operating Officer Former
Syncor Executive Vice President Former
Baxter International Inc. Leadership Positions Former
Frontenac Company Consultant Former
First Consulting Group Inc. Chairman Former
Organization Position Status
Beckman Coulter, Inc. Board of Directors Current

Ronald W. Dollens is the retired president and CEO of Guidant Corporation, a Fortune 500 company acquired in 2006 for $27 billion by Boston Scientific. Mr. Dollens assumed the post as president and CEO of Guidant in 1994 when the company was formed as a result of a spin-out of Eli Lilly and Company, where he was the president of the Medical Devices and Diagnostic division. Mr. Dollens is currently the non-executive chairman of the board of Kinetic Concepts Inc. and a director of ABIOMED Corporation. Mr. Dollens received a BS in Pharmacy and Pharmacal Sciences from Purdue University and an MBA from Indiana University.

Organization Position Status
Arboretum Ventures Board of Directors Current
Indiana Health Industry Forum, Inc Board of Directors Current
Advanced Medical Technology Association Board of Directors Current
Cimit Board of Directors Current
Beckman Coulter, Inc. Board of Directors Current
Butler University Board of Directors Current
Kinetic Concepts, Inc. Board of Directors Current
Alliance for Aging Research Board of Directors Current
ABIOMED, Inc. Board of Directors Current
Centerfield Capital Board of Directors Current
Guidant Chief Executive Officer Former
Medical Devices President Former
Guidant President Former
Kinetic Concepts, Inc. Chairman Former
Indiana University Master of Business Administration Degree In Marketing Former
Purdue University Bachelor of Science Degree In Pharmacy Former
NYSE Group, Inc. member Former
Organization Position Status
Michigan Nurses Association President, Chief Executive Officer and Director, Amn Healthcare Current
Beckman Coulter, Inc. Board of Directors Current
Biocom, Inc. Board of Directors Current
Organization Position Status
Beckman Coulter, Inc. Director Current
Tenet Healthcare Corporation Board of Directors Current
Computer Sciences Corporation Chief Executive Officer Former
Computer Sciences Corporation President Former
Computer Sciences Corporation Chief Operating Officer Former
Computer Sciences Corporation Corporate Vice President Former
Computer Sciences Corporation General Manager Former
Computer Sciences Corporation Regional Marketing Manager Former
Computer Sciences Corporation Chairman Former
Franklin University BS Degree In Business Administration Former
Organization Position Status
Beckman Coulter, Inc. Board of Directors Current
Organization Position Status
University of Pennsylvania School of Medicine Professor of Medicine Current
Advanced Bio-Surfaces, Inc Board of Directors Current
Beckman Coulter, Inc. Board of Directors Current
Dolmatconnell & Partners, Inc Board of Directors Current
Emory University Board of Directors Current
American Philosophical Society Board of Directors Current
GenVec, Inc. Director Current
Merck & Co. Inc. Board of Directors Current
Emory University Trustee Current
American Philosophical Society Member Current
The University of Pennsylvania Health System Chief Executive Officer Former
Duke University Medical Center Chief of the Division Former
University of Pennsylvania Executive Vice President Former
Duke University Medical Center Professor of Medicine Former
Merck & Co. Inc. Director Former

Executive News

  • UPDATE 1-Mattel on track to achieve savings target-CFO

    Reuters - 6/17/09 - View Story

  • Mattel Expects Challenging Economy to Continue Through 2009

    CNN Money - 6/17/09 - View Story

  • Heidi Miller Jumps from Bricks to Clicks

    CFO.com - 6/02/09 - View Story

  • Beckman Coulter to Present at the 2009 Goldman Sachs Healthcare Conference

    Forbes.com - 5/29/09 - View Story

  • Beckman Coulter to Present at the 2009 Goldman Sachs Healthcare Conference

    Reuters - 5/29/09 - View Story

  • Beckman Coulter to Present at the 2009 Goldman Sachs Healthcare Conference

    PR Newswire - 5/29/09 - View Story

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     BEC $25.00 -32.00 (-56.14% )
Average Volume 696,225
Shares Outstanding 63.35M
Market Cap 1.6B
Year High 77.14
Year Low 25
Earnings Per Share 2.67
P/E Ratio 9.36
Dividend 0.68
Yield 2.72
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