55.1 F
Laguna Hills
Saturday, May 30, 2026

OC 50: Healthcare

JOSEPH E. KIANI

Chairman, chief executive

Masimo Corp., Irvine

Born in Shiraz, Iran

Age: 47

Lives in Laguna Niguel

WHY: Entrepreneurial success story in the classic form.

HOW: Established Masimo, maker of patient monitors, with partner in his garage in 1989. Grew company, attracted more than $80 million in venture capital. Took Masimo public in a 2007 offering that raised $233 million. Company now has yearly sales of $439 million, over 2,500 workers, recent market value of $1.26 billion. Products sold to hospitals, surgery centers, ambulance companies, fire departments. Known for “razor-and-blade” business model of recurring revenue from sensors used with monitoring products.

RECENT: Facing challenges from slower economic climate that’s led to cautious hospital spending. Looking for boost from Pronto-7, portable monitor cleared by the Food and Drug Administration last year. Signed new deal with GE Healthcare to put its technology in monitors.

Recently had patent lawsuit against it withdrawn. Still receiving money from a reworked settlement with larger rival Nellcor, now part of Covidien PLC.

COMMUNITY: Trustee, Chapman Univer-sity. Dean’s advisory board of alma mater San Diego State University College of Engineering.

INTERESTS: Inventing—holds more than 50 patents related to signal processing, sensors, patient monitoring.

PERSONAL: Came to U.S. with family at age 9. Graduated high school at 15. Warm, energetic personality. Subdued sartorial style, rarely wears tie; plays tennis.

EDUCATION: Bachelor’s, master’s in electrical engineering from San Diego State.

FAMILY: Wife Sarah, two daughters, one son. Father engineer, mother a nurse.

—Vita Reed

JAMES V. MAZZO

Senior vice president

Abbott Laboratories, Abbott Park, Ill.

President

Abbott Medical Optics, Santa Ana

Born in Oak Park, Ill.

Age: 55

Lives in Laguna Beach (Irvine Cove)

WHY: Executive known as skilled juggler of corporate and industry ambassador roles. Former medical device industry point man on healthcare reform, other issues. Runs unit of diversified drug and device behemoth Abbott Laboratories.

HOW: Became chief executive of then-Advanced Medical Optics in 2002 in spin-off from Allergan Inc. after 22 years with Allergan. Built AMO, which offers eye surgery products and contact-lens care, through deals, including $808 million buy of Irvine laser maker IntraLase Corp. in 2007. AMO sold to Abbott for $2.8 billion in 2009. High profile in the device community as executive board chair of AdvaMed, a Washington, D.C.-based trade group.

RECENT: Leading Abbott Medical through a run of device launches and has said the company will be an “R&D machine” in coming years. Focusing on organic growth aided by financial muscle of parent Abbott Laborato-ries. Just stepped down as AdvaMed’s executive board chair.

COMMUNITY: On several UC Irvine boards, including UCI Foundation. Also on boards of Chapman University and Univer-sity of San Diego. Member of International Intraocular Implant Club and on board of tech booster group Octane in Aliso Viejo.

INTERESTS: Big in academic, charitable circles. Involvement with Boys and Girls Club, Big Brothers Big Sisters of Orange County.

PERSONAL: Athletic in youth, played second base, quarterback.

EDUCATION: Bachelor’s degree in zoology, secondary emphasis in chemistry from Long Beach State.

FAMILY: Wife Kelly, adult daughter and son.

—Vita Reed

JULIE MILLER-PHIPPS

Senior vice president, executive director

Kaiser Permanente Orange County, Anaheim

Born in Inglewood

Age: 55

Lives in Anaheim Hills

WHY: Heads health system that serves more than 452,000 members in county, supported by 6,100 staff members and 700 affiliated doctors.

HOW: Assumed current position in 2002. Previously director of hospital operations at Kaiser Permanente Medical Center-Baldwin Park. On steady rise with Kaiser since 1978.

RECENT: Gearing up to open Kaiser’s new Anaheim medical com-plex on La Palma Av-enue near the River-side (91) Freeway, which will have 1.2 million square feet of space on 27 acres, with 262-bed hospital, 16 operating rooms, 24 pediatric beds, 20 neo-natal intensive care rooms, an outpatient surgery structure and a 1,562-space parking structure, along with two medical office buildings.

COMMUNITY: 2012 chair of Orange County Business Council, serves on boards of California State University, Fullerton’s Philanthropic Foundation Board of Directors and the Hospital Association of Southern California. Deeply involved with Girl Scouts, including serving as secretary of the Girl Scout Council of Orange County’s board of directors. Past recipient of Business Journal’s Women in Business honors.

PERSONAL: Loves to travel, spent a recent birthday hot-air ballooning across the Serengeti in East Africa.

EDUCATION: Bachelor of arts, California State Fullerton. Master of science in healthcare administration, University of La Verne. Leadership programs at the University of North Carolina, University of Southern California.

FAMILY: Husband Michael. Daughter Ashley, is a third-year medical student.

—Vita Reed

MICHAEL ALBERT MUSSALLEM

Chairman, chief executive

Edwards Lifesciences Corp., Irvine

Born in Gary, Ind.

Age: 59

Lives in Laguna Beach

WHY: Company just launched what industry observers have called one of the most promising developments in recent years for replacement heart valves.

HOW: Baxter In-ternational Inc. veteran was tapped to lead the spin-off of Baxter’s cardiovascular unit into Edwards. Only chief executive Edwards has known in its 12-year run as an independent company. Flirted with diversification, then concentrated efforts on cardiovascular disease treatment. Company also makes surgical heart valves, critical care products besides transcatheter heart valves. Yearly sales of about $2 billion, recent market value of $9.8 billion.

RECENT: Achieved Food and Drug Administration approval for Edwards Sapien, less-invasive heart valve inserted via catheter. Rolling out Sapien through select hospitals around the U.S., including Hoag Memorial Hospital Presbyterian in Newport Beach.

COMMUNITY: Trustee of UCI Foundation. On boards of the California Healthcare Institute, AdvaMed and executive committee of Octane. Supports Down syndrome-related philanthropy through Orange County Community Foundation.

INTERESTS: Die-hard Chicago Cubs fan. Enjoys jogging and skiing.

PERSONAL: Business Journal’s businessperson of the year in 2010. Of Lebanese descent. Worked summers at a steel mill in his hometown of Gary to help pay for college. Offered full-time job upon graduation, decided to seek career in newer industry. Neighbor of John Hall, head of Santa Ana guitar maker Rickenbacker.

EDUCATION: Bachelor’s degree in chemical engineering from Rose-Hulman Insti-tute of Technology in Indiana. Honorary doctorate from Rose-Hulman.

FAMILY: Married to wife, Linda, for 36 years.

—Vita Reed

DAVID E. I. PYOTT

Chairman, chief executive, president

Allergan Inc., Irvine

Born in London

Age: 58

Lives in San Juan Capistrano

WHY: Heads county’s largest drug maker, perennial contender for top company here based on market val-ue.

HOW: Became Al-lergan boss in 1998 after spending more than 17 years with Sandoz, later Novar-tis. Has led Allergan’s growth to more than $5 billion in annual sales of eye drugs, pacesetter wrinkle remover Botox, other products. Combination of organic growth and deals, including 2006 buy of Inamed Corp., which brought it lower-face filler Juvéderm and breast implants.

RECENT: Concentrating on reloading Allergan’s pipeline, including more uses for flagship Botox, as well as eye and skin drugs. Continued tradition of conservative forecasts in the current quarter.

COMMUNITY: Director of Edwards Life-sciences, Avery Dennison, UC Irvine Paul Merage School of Business. Vice chairman, Chapman University Board of Trustees. On several other boards related to medical devices and ophthalmology.

INTERESTS: Military history buff.

PERSONAL: Worldly executive with dry sense of humor and refined Scottish accent. Occasional guest on CNBC, favorite of stock guru Jim Cramer. Raised in India, later Scotland. Fluent in English, German, French, Spanish. Holds Commander of the Most Excellent Order of the British Empire from Queen Elizabeth. Has some flash: drives Aston Martin.

EDUCATION: Diplomas in international, European law from Europa Institute at University of Amsterdam. Master’s from University of Edinburgh, business master’s from London Business School.

FAMILY: Married to Julianna. Four children, including son who is fan of Anaheim Ducks hockey team. Has house in Bavarian Alps, goes for retreats from voice mails and emails.

—Vita Reed


OTHER MEMBERS

RICHARD F. AFABLE

Chief executive, president

Hoag Memorial Hospital Presbyterian in Newport Beach, county’s largest hospital by revenue

BARRY ARBUCKLE

Chief executive, president

Fountain Valley-based MemorialCare Health System, operator of four hospitals in county

WILLIAM MATHIES

Chairman, chief executive

Irvine-based nursing home operator Sun Healthcare Group Inc.

RICHARD K. MATROS

Chairman, chief executive

Irvine-based Sabra Healthcare REIT, spun off from Sun Healthcare in 2010

DEBORAH A. PROCTOR

Chief executive, president

Orange-based St. Joseph Health System, operator of four hospitals in county

Want more from the best local business newspaper in the country?

Sign-up for our FREE Daily eNews update to get the latest Orange County news delivered right to your inbox!

Would you like to subscribe to Orange County Business Journal?

One-Year for Only $99

  • Unlimited access to OCBJ.com
  • Daily OCBJ Updates delivered via email each weekday morning
  • Journal issues in both print and digital format
  • The annual Book of Lists: industry of Orange County's leading companies
  • Special Features: OC's Wealthiest, OC 500, Best Places to Work, Charity Event Guide, and many more!

Previous article
Next article

Featured Articles

Related Articles