The success of a CEO is often predicated on the situational status of the company he or she inherits. Bill Steere took the helm at Pfizer in 1991 riding on the crest of five recently launched blockbusters: Zoloft, Norvasc, Zithromax, Diflucan, and Cardura. He then oversaw the roll out of Viagra and, if all this wasn’t enough, masterminded the Pfizer Warner-Lambert Parke-Davis co-promotion deal for Lipitor. By the end of his tenure, Pfizer sales had grown from $6.6 to 29 billion and at one of his last annual shareholders meetings, he received a standing ovation from his grateful constituents – before he uttered a word.
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