Fuad El-Hibri (March 2, 1958 – April 23, 2022) was a

German-American German Americans (german: Deutschamerikaner, ) are Americans who have full or partial German ancestry. With an estimated size of approximately 43 million in 2019, German Americans are the largest of the self-reported ancestry groups by the Unite ...

businessman and philanthropist, and founder of

Emergent BioSolutions Emergent BioSolutions Inc. is an American multinational specialty biopharmaceutical company headquartered in Gaithersburg, Maryland. It develops vaccines and antibody therapeutics for infectious diseases and opioid overdoses, and it provides me ...

Biography

Early life

Fuad El-Hibri was born in

Hildesheim Hildesheim (; nds, Hilmessen, Hilmssen; la, Hildesia) is a city in Lower Saxony, Germany with 101,693 inhabitants. It is in the district of Hildesheim, about southeast of Hanover on the banks of the Innerste River, a small tributary of the Lei ...

, Germany. He spent his childhood equally in Europe and the Middle East before coming to the United States to get an economics degree from

Stanford Stanford University, officially Leland Stanford Junior University, is a private research university in Stanford, California. The campus occupies , among the largest in the United States, and enrolls over 17,000 students. Stanford is considere ...

and an

MBA A Master of Business Administration (MBA; also Master's in Business Administration) is a postgraduate degree focused on business administration. The core courses in an MBA program cover various areas of business administration such as accounti ...

from

Yale Yale University is a private research university in New Haven, Connecticut. Established in 1701 as the Collegiate School, it is the third-oldest institution of higher education in the United States and among the most prestigious in the wor ...

Early career

El-Hibri worked most of his career in the telecommunications industry. Between graduate school and working for BioPort and Emergent, he worked abroad, in countries including Indonesia, Saudi Arabia, Russia, Venezuela and El Salvador. El-Hibri served as president of

Digicel Digicel is a Jamaican and Caribbean mobile phone network and home entertainment provider operating in 33 markets worldwide. Digicel has operated in several countries, including Guyana, Fiji, Haiti, Trinidad and Tobago, St. Lucia, Suriname, and Ja ...

from August 2000 to February 2005. He served as the president of East West Resources Corporation from September 1990 to January 2004. He was a member of the senior management team of Speywood, LTD. in the United Kingdom and organized and directed the management buyout of Porton Products Ltd. El-Hibri reorganized Porton, and was advisor to the senior management team involved in the oversight of operations and served as a senior associate and resident project manager at

Booz Allen Hamilton Booz Allen Hamilton Holding Corporation (informally Booz Allen) is the parent of Booz Allen Hamilton Inc., an American management and information technology consulting firm, headquartered in McLean, Virginia, in Greater Washington, D.C., with 8 ...

and as a manager of

Citicorp Citigroup Inc. or Citi (Style (visual arts), stylized as citi) is an American multinational investment banking, investment bank and financial services corporation headquartered in New York City. The company was formed by the merger of banking ...

in New York City (

Mergers and Acquisitions Mergers and acquisitions (M&A) are business transactions in which the ownership of companies, other business organizations, or their operating units are transferred to or consolidated with another company or business organization. As an aspect ...

), and in

Jeddah Jeddah ( ), also spelled Jedda, Jiddah or Jidda ( ; ar, , Jidda, ), is a city in the Hejaz region of the Kingdom of Saudi Arabia (KSA) and the country's commercial center. Established in the 6th century BC as a fishing village, Jeddah's pro ...

Saudi Arabia Saudi Arabia, officially the Kingdom of Saudi Arabia (KSA), is a country in Western Asia. It covers the bulk of the Arabian Peninsula, and has a land area of about , making it the fifth-largest country in Asia, the second-largest in the A ...

(Operations and Credit). El-Hibri has been chairman of East West Resources Corporation, a venture capital and financial consulting firm, since June 1990. He served as the chairman of Digicel Holdings from August 2000 to October 2006. He served as executive chairman of the board of Emergent BioDefense Operations Lansing Inc.

Emergent BioSolutions and BioPort

El-Hibri has been the Emergent BioSolutions board of directors executive chairman since April 2012. He was both the board chairman and the CEO of the company from 2004 to 2012. He was the board chairman and CEO of BioPort Corporation from 1998 to 2004. Emergent acquired BioPort in 2004. His main role as the chairman of Emergent was to develop corporate strategy and mergers and acquisitions. After the 2001 anthrax attacks, some conspiracy theorists posted Internet websites that tried to imply that El-Hibri was connected to Osama Bin Laden and was connected to the anthrax attacks. ''USA Today'' interviewed El-Hibri in 2004 for an article about Muslim CEOs of companies helping to fight terrorism, and wrote, "El-Hibri calls the Web sites annoying and jokes that he's lucky to be in the vaccination business so that he can inoculate himself from the pain of accusers who can't be confronted."

Charitable Activity

Fuad El-Hibri '82 Entrepreneurial Award

One of the

Yale University Yale University is a private research university in New Haven, Connecticut. Established in 1701 as the Collegiate School, it is the third-oldest institution of higher education in the United States and among the most prestigious in the wo ...

School of Management donor-funded awards, the El-Hibri Award provides first year SOM students with internship program funding over the summer, seed capital for new businesses for second-year men and women and special funding for those going into early-stage start-up ventures. A group of 14 Yale alumni - entrepreneurs, innovators, and investors - choose the students who receive the awards, which total $100,000.

Boards and leadership activities

El-Hibri served on the boards of the

U.S. Chamber of Commerce The United States Chamber of Commerce (USCC) is the largest lobbying group in the United States, representing over three million businesses and organizations. The group was founded in April 1912 out of local chambers of commerce at the urgin ...

, International Biomedical Research Alliance, and National Health Museum. He also served on the advisory boards of the Heifetz International Music Institute and

Healthcare Conference.

Personal life

El-Hibri's mother is a German Catholic, and his father is a Lebanese businessman. As a child, he lived in Germany and Lebanon. He became a U.S. citizen in 1999. He died on April 23, 2022 at Potomac, Maryland from pancreatic cancer.

References

External links

GuideStar Candid is an information service specializing in reporting on U.S. nonprofit companies. In 2016, its database provided information on 2.5 million organizations.Wyland, Michael. "GuideStar Introduces Program Metrics Section for Nonprofit Profile ...

br>profile of the El-Hibri Foundation

Profile
of Fuad El-Hibri at ''

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The New York Times ''The New York Times'' (''the Times'', ''NYT'', or the Gray Lady) is a daily newspaper based in New York City with a worldwide readership reported in 2020 to comprise a declining 840,000 paid print subscribers, and a growing 6 million paid ...

'' {{DEFAULTSORT:Hibri, Fuad 1958 births 2022 deaths American health care chief executives Businesspeople from Maryland Yale University alumni American people of Lebanese descent German emigrants to the United States Stanford University alumni People from Washington, D.C. American Muslims German Muslims