Michael Russomano
Michael Russomano is an accomplished global senior executive business leader and marketing professional with a diverse background in healthcare, biotech, nutrition and consumer products general management and marketing. Mike is recognized for defining strategy as well as developing and embedding strong cultures leading to sustainable performance. He has repeatedly led companies/teams through transitions, turnarounds, accelerations and post-acquisition integrations with change management approaches that engage colleagues and enable them to embrace new opportunities to drive growth.
Mike most recently served as President & CEO/Global Business Head of Wyeth Nutrition, a $2.5 billion global business unit of Nestlé S.A. operating in 50+ countries with 4500 employees and four manufacturing facilities. As the senior-most executive transitioning to Nestlé, Mike played an integral role in the sale of the business from Pfizer to Nestlé for $11.85 billion – to date the largest acquisition in Nestlé history. Within Nestlé, Mike established Wyeth Nutrition as separate operating unit, defining ongoing structures for Global Commercial, R&D and Regulatory functions while embedding practices and processes to assure optimal ongoing impact.
Over his 35+ year career Mike held leadership roles at Pfizer, Wyeth, Bristol-Myers Squibb, Crayola and Kraft/General Foods, leading major global brands including Enbrel, Enfamil, S-26/SMA, Crayola and Maxwell House. Mike was Pfizer Nutrition Chief Commercial, Research & Development Officer, leveraging his experience in biopharmaceuticals, consumer packaged goods and nutrition. Prior to this appointment, Mike was Vice President, Alzheimer’s for Wyeth Pharmaceuticals, overseeing material corporate assets in pursuit of therapies for the treatment of Alzheimer’s disease. Mike also held the role of Vice President & Global Business Manager, Enbrel, Wyeth’s $6 billion global inflammation franchise – the largest biologic therapy in the world at the time. Mike joined Wyeth in 2002 as Vice President & Global Business Manager, Hemophilia, where he led the transformation of the company’s Hemophilia franchise into a more competitive and vital presence in the marketplace while significantly increasing revenue and profitability. Prior to joining Wyeth, Mike was Vice President, Marketing, at the Mead Johnson Nutritionals, then a Bristol-Myers Squibb company, where he was responsible for the US pediatric nutritionals franchise, including Enfamil infant formula. Under his leadership, Enfamil achieved number one US market share position. Additionally, Mike has 14+ years’ experience in consumer packaged goods brand management, having held senior-level marketing positions at Kraft/General Foods and Crayola Products.
Currently a Senior Advisor for Lee Hecht Harrison’s International Center for Executive Options, Mike coaches senior executives navigating leadership transitions. He also is an Advisor to ByHeart, a private equity-backed infant nutrition start-up. Mike is Board Chair, Alzheimer’s Association Delaware Valley Chapter, where he has served for over ten years and a member of the Dean’s Advisory Council at the Villanova School of Business.
Mike has an MBA from The Wharton School, University of Pennsylvania, and graduated magna cum laude from Villanova University with a BS in Business Administration (Marketing).