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RANDALL TOBIAS, ELI LILLY CHAIRMAN EMERITUS,
NAMED NEW POLING CHAIR IN IU'S KELLEY SCHOOL OF BUSINESS
EDITORS: Randall Tobias will be available to meet with reporters Wednesday (Feb. 10) during his first visit to campus as Poling Chair. Time has been reserved from 1:30-2:30 p.m. for this purpose in room 370-D (Finance Department conference room) of the Kelley School of Business on the Bloomington campus. His discussions with students will focus on business/government relations, governmental policy as it relates to the pharmaceutical industry, leadership, and other management issues. For more information, call George Vlahakis, IU Office of Communications and Marketing, 812-855-3911.
BLOOMINGTON, Ind. - Randall L. Tobias, chairman emeritus of Eli Lilly and Co. and former vice chairman of AT&T Corp., has been appointed the third Harold A. "Red" Poling Chair of Business and Government in Indiana University's Kelley School of Business and will begin teaching students on campus this week.
Tobias, who led the global, research-based pharmaceutical corporation as its chairman, president and chief executive officer between 1993 and 1999, will interact with the Kelley School's students and faculty in Bloomington and Indianapolis.
Kelley School Dean Dan Dalton said that IU students will benefit from Tobias' experience as Lilly's leader during one of the most successful periods in its history.
"Mr. Tobias' presence will enable students to personally interact with a distinguished businessman of international reputation," Dalton said. "His leadership of AT&T and Eli Lilly will give our students an outstanding perspective on the global economy and its impact on their lives, now and in the future."
The Poling Chair of Business and Government was established in 1993 by the former chairman and chief executive officer of Ford Motor Co. with a $1.5 million gift and with the purpose of fostering "better understanding of the critical interactions between private business and government in matters of public policy, enterprise competitiveness and economic growth."
The gift also was used to create the Harold A. "Red" Poling Chair in Strategic Management, which is held by Dean Dalton. Past Poling Chairs of Business and Government have been Samuel K. Skinner, a former U.S. Secretary of Transportation and chief of staff to former President George Bush; and Evan Bayh, who taught in the Kelley School after serving two terms as Indiana's governor and prior to his recent election to the U.S. Senate.
During Tobias' tenure as head of Lilly, the company's market value rose from about $14 billion to more than $90 billion. He retired from Lilly on Jan. 1, 1999. Business Week magazine named him one of the top 25 managers of the year for 1997.
Prior to joining Lilly, Tobias was vice chairman of the board of AT&T from 1986 to 1993, and had been employed by the telecommunications giant since 1964. In addition to other business interests, he and his wife Marianne own the Twelve Springs Ranch and Cattle Co. in Livingston, Mont. They reside in Indianapolis.
He is a director of the Phillips Petroleum Co., Kimberly-Clark Corp., and Knight-Ridder Inc. He is a member of the Business Council and a trustee of the Colonial Williamsburg Foundation. He serves as chairman of the board of trustees of Duke University in Durham, N.C., and as a member of the board of directors of the Economic Club of Indianapolis.
Among his honors, Tobias was named the 1996 CEO Family Champion of the Year by Working Mother magazine, the 1996 Business Leader of the Year by the Indiana State Chamber of Commerce, and the 1997 Norman Vincent Peale Humanitarian of the Year by the Norman Vincent Peale Foundation of New York City.
Tobias earned a bachelor of science degree in 1964 from IU, which has also presented him with its Distinguished Alumni Service Award, its School of Education's Distinguished Achievement in the Advancement of Education Award, and induction into the Kelley School's Academy of Alumni Fellows. He is an emeritus director of the IU Foundation and of the Business Dean's Advisory Council.
Poling, himself Ford's chief executive in 1985-1994, earned an MBA degree at IU in 1951 and today is a member of the Kelley School's Dean's Advisory Council. He received IU's Distinguished Alumni Service Award in 1990 and was inducted into the school's Academy of Alumni Fellows.
(George Vlahakis, Office of Communications and Marketing, 812-855-0846, gvlahaki@indiana.edu)