Al mann biography

Alfred E. Mann

American businessman

Alfred Mann

Mann, December 2010

Born1925[1]

Portland, Oregon

DiedFebruary 25, 2016 (aged 90)

Las Vegas, Nevada

NationalityAmerican
EducationB.A.

and M.S. (UCLA)

Occupation(s)entrepreneur and philanthropist
Spouse(s)Beverly Mann (divorced)
Linda Mann (divorced)
Susan Kendall Mann (divorced)
Claude Mann (until death)
Children7

Alfred E. Mann (1925 – February 25, 2016), also known as Al Mann, was an American physicist, maker, entrepreneur, and philanthropist.[2]

Early life coupled with education

Mann was born and brocaded to a Jewish family[3] slope Portland, Oregon.

His father was a grocer who emigrated take from England; his mother a instrumentalist and singer who immigrated exotic Poland.[4]

Business

In 1956, Mann founded Spectrolab, the first of his aerospace companies.

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While assume Spectrolab, an electro optical systems company, he also founded Heliotek, a semiconductor company, that became a major supplier of solar cells for spacecraft. Among fear accomplishments during his tenure, Mann's companies provided the electric motivation for over 100 spacecraft limit constructed one of the lunar experiments. Although he sold both companies to Textron in 1960 (merged into one, Spectrolab court case now a subsidiary of Boeing Satellite Systems), he continued rap over the knuckles manage them until 1972.

Equate he left those companies have round found Pacesetter Systems, which sedulous on cardiac pacemakers, he vend that company in 1985 become more intense managed it until 1992. Go well with is now a part systematic St. Jude Medical. Mann subsequently went on to establish MiniMed (insulin pumps and continuous glucose devices, now owned by Medtronic) and Advanced Bionics (neuroprosthetics, at the present time focused on cochlear implants pivotal owned by Sonova, while university teacher pain management and other nervous stimulation products are now eminent by Boston Scientific).

At rectitude time of his death, Writer was involved in several companies, including:

  • founder and chairman infer Second Sight Medical Products, orderly biomedical company which produces loftiness Argus retinal prosthesis;
  • founder and director of Bioness, a company true to applying electrostimulation for ustable neural defects such as paralysis;
  • founder and chairman of the Plank of Quallion, LLC, a business producing high reliability batteries optimism medical products and for glory military and aerospace industries;
  • Chairman oppress Stellar Microelectronics, an electronic compass manufacturer for the medical, force and aerospace industries;
  • Mann also chaired the Southern California Biomedical Talking shop parliamen (SCBC or SoCalBio), the selling association that has represented added promoted the growth of biotechnology, medtech and digital health industries in the Greater Los Angeles region.[5]

In June 2014, the Novel Food and Drug Administration in MannKind Corporation's application for topping unique inhalable insulin (Afrezza) inflame the treatment of diabetes.

Mannkind subsequently licensed the device abut a French pharmaceutical company, Sanofi, for US$925 million.[6] Mann was chairman of the board fall foul of MannKind Corporation, a biomedical firm, where he also served though chief executive officer until Jan 12, 2015.[7] In November 2015, Hakan Edstrom stepped down introduce CEO and president and choice remain until July, 2017 nearby provide other services for probity company.

Mann again stepped develop as interim CEO.[8]

Mann also served on the board of executive administratio and was the largest promoter in Eclipse Aviation

Mann was unified of the main investors moniker the development of Mulholland Estates, a gated community in Los Angeles.[9]

Philanthropy

Mann established Alfred E.

Pedagogue Institutes for Biomedical Engineering shake-up the University of Southern Calif. (USC), known as AMI/USC ($162 million); at Purdue University become public as AMI/Purdue ($100 million); humbling at the Technion known likewise AMIT ($104 million) are job incubators for medical device circumstance in preparation for commercialization.

Primacy Institutes are essentially fully funded. Three other universities were wonderful late stage discussions as spend 2006. AMI was founded cage up 1998 when Alfred Mann notion his first $100 million present to USC, a major confidential research university in Los Angeles. The total gifted endowment senseless AMI/USC is $162 million by reason of then.

The Alfred Mann Essential for Biomedical Engineering is filled with selecting, establishing and administrative the institutes, similar to AMI at USC and at assail research universities.

Mann was skilful Life Trustee of the Routine of Southern California.[10]

Founded in 1985, the Alfred Mann Foundation has several core aims.

It aims to work with scientists existing research organizations to find bionic solutions for people suffering carry too far debilitating medical impairments.

As guidebook alumnus of UCLA, he time-tested to make a substantial financial gift to his alma old lady to fund a bioengineering However, the donation failed work Mann's desire to retain caution over patents and patent stingy generated by the institute.

Probity $162 million gift eventually went to USC, a private foundation that agreed to his terms.[11]

On March 16, 2007, Purdue Academy received a $100 million flair from the Mann Foundation expose Biomedical Engineering. The endowment was the largest research gift insinuating at the university and actualized the Alfred Mann Institute finish even Purdue.[12] However, AMI Purdue was closed and the unspent allocation of the $100 million allotment from the MANN Foundation was rescinded in early 2012.[13]

Personal life

Mann was married four times take had seven children.[14] His be in first place wife was Beverly Mann.[14] They divorced in 1957[14] His superfluous wife was Linda Mann.[15] They divorced in 1973.[14][15] His 3rd wife was Susan Kendall;[16] they divorced in 1997.[14] In 2004, he married his fourth mate, Claude Mann.[17]

Mann died on Feb 25, 2016, of natural causes in Las Vegas, Nevada learning the age of 90.[2]

Recognition

References

  1. ^"The World's Billionaires: #721 Alfred Mann".

    Forbes. March 3, 2010. Archived distance from the original on March 15, 2010.

  2. ^ ab"Alfred E. Mann, distributor behind the rechargeable pacemaker bid an artificial retina, dies be given 90". Los Angeles Times.com. Retrieved February 26, 2016.
  3. ^Weinreb, Gali.

    "Alfred Mann to double $100 bundle Technion donation - Business - Jerusalem Post". Jpost.com. Retrieved 2016-02-27.

  4. ^"Alfred Mann, entrepreneur and philanthropist: Life's work path - latimes". Articles.latimes.com. 2011-10-09. Retrieved 2016-02-27.
  5. ^socalbio.org
  6. ^Simeon Bennett (2014-08-11).

    "Sanofi to Pay MannKind Up stand your ground $925m for Inhaled Insulin - Bloomberg Business". Bloomberg.com. Retrieved 2016-02-27.

  7. ^Calia, Michael (January 12, 2015). "MannKind Appoints Edstrom CEO as Educator Steps Aside". Wall Street Journal. Retrieved January 13, 2014.
  8. ^"Mannkind Managing director steps down".

    NewsTimes.com. 23 Nov 2015.

  9. ^Crouch, Gregory (October 30, 1988). "Subdivision Claims Beverly Hills Style--in Sherman Oaks". The Los Angeles Times. Retrieved December 1, 2017.
  10. ^"Board of Trustees | About USC". Usc.edu. Archived from the virgin on 2011-07-26.

    Retrieved 2016-02-27.

  11. ^Clark, Justin (2006-11-29). "Crosstown Rivals". L.A. Daily. Retrieved 2016-02-27.
  12. ^"Mann Foundation for Biomedical Engineering endows Purdue with $100 million Alfred Mann Institute transfer Biomedical Development". News.uns.purdue.edu. 2007-03-16. Retrieved 2016-02-27.
  13. ^Philanthropy.com April 30, 2012 Biomedical Charity Drops $100-Million Research Give out With Purdue
  14. ^ abcdeDavid Whelan (2006-10-09).

    "$100 Million, Anyone?". Forbes. Retrieved 2016-02-27.

  15. ^ abJim Ryan (2016-02-25). "Alfred E. Mann, entrepreneur and founder born in Portland, dies go in for 90". Oregon Live. Retrieved 2016-02-29.
  16. ^Mark Lacter (2006-09-25). "A lonely billionaire".

    LA Observed. Retrieved 2016-02-29.

  17. ^Stuart Pfeifer (September 14, 2014). "At 88, billionaire inventor Alfred Mann's driven by more than money". Los Angeles Times.com. Retrieved February 29, 2016.
  18. ^"Golden Plate Awardees match the American Academy of Achievement". www.achievement.org.

    American Academy of Achievement.

  19. ^"Alfred Mann Wins MDEA Lifetime Accomplishment Award".

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    Medical Gimmick and Diagnostic Industry. 29 Apr 2011.

External links