Neal Patterson

Neal L. Patterson (December 10, 1949[1] – July 9, 2017) was an American businessman who was CEO of Cerner Corporation, a Kansas City-based medical software corporation. Patterson was also owner of the Sporting Kansas City soccer team.[2]

Neal Patterson
Patterson in 2012
Born(1949-12-10)December 10, 1949
Anthony, Kansas
Died (aged 67)
NationalityAmerican
OccupationBusinessman
Known forCEO of Cerner

Early life

Patterson grew up on the family farm in South Central Kansas near Manchester, Oklahoma and received his bachelors and Masters from Oklahoma State University in 1971 and 1972. Following a stint with Arthur Andersen, he and Arthur Andersen colleagues Cliff Illig and Paul Gorup founded Cerner in 1979.[3]

Military service

Patterson served in the Army National Guard during Vietnam, though only served on active duty during basic training.[4]

Management

Patterson was featured in the USA Today article titled "Scandals lead execs to Atlas Shrugged" as a member of a group of CEOs who have a working knowledge of Ayn Rand's Atlas Shrugged.[5] He became a member of the Pi Kappa Alpha fraternity at Oklahoma State University.[6]

Patterson is infamous for an email[7] scolding managers for not coming to work before 8 am and leaving before 5 pm, now a prominent example used when discussing email netiquette. On the day that the email was posted to Yahoo!, the company's market cap fell by over 22%[8] from a high of US$1.5 billion.[9]

In April 2010, Forbes named Patterson fourth on its annual list of "America's Best-Performing Bosses" based on a formula for calculating which executives delivered the best shareholder value relative to their total compensation. Factors included stock performance relative to industry peers over the past six years, annualized stock performance during the leader's total tenure and performance relative to the S&P 500 over that time, and total compensation over the past six years.[10][11]

Sporting Kansas City

On August 31, 2006, Patterson and five other individuals purchased Sporting Kansas City (then known as the Kansas City Wizards), a Major League Soccer team, from Lamar Hunt. The other members of the ownership group at the time of purchase were Cliff Illig, Rock Island Capital’s Robb Heineman, Greg Maday, David French, and Pat Curran, founder of C3 Holdings. The group stated its intention to keep Sporting Kansas City in the Kansas City area.[12]

Death

Patterson died on July 9, 2017 from complications from soft-tissue cancer, which was diagnosed in January 2016[13] and that he had been previously treated for.[2]

References
  1. "Neal L. Patterson". The Cerner Blog. Archived from the original on July 12, 2017.
  2. Cummings, Ian; Vockrodt, Steve; McDowell, Sam. "'A profound loss': Cerner CEO Neal Patterson dies from cancer at age 67". Kansas City Star. Archived from the original on July 9, 2017. Retrieved July 10, 2017.
  3. http://www.bizjournals.com/gen/executive.html?excode=556ec5a235694b648740ba66e73f5d3c&market=kansascity%5B%5D
  4. Histalk, Tim. "104. cerner, part 1". Archived from the original on July 24, 2015.
  5. Jones, Del. "USATODAY.com - Scandals lead execs to 'Atlas Shrugged'". USA Today. Archived from the original on August 12, 2012.
  6. "Welcome to Pi Kappa Alpha, Iota Theta Chapter!". Archived from the original on July 8, 2006.
  7. "BBC News - AMERICAS - Boss's e-mail bites back". BBC. Archived from the original on February 8, 2009.
  8. Fennelly, Carole (June 28, 2003). "Unix security: Proprietary email". ITworld.com. Archived from the original on June 28, 2003.CS1 maint: bot: original URL status unknown (link)
  9. Flynn, Nancy; Kahn, Randolph (2003). E-mail Rules: A Business Guide to Managing Policies, Security, and Legal Issues for E-mail and Digital Communication. AMACOM Div American Mgmt Assn. p. 45. ISBN 9780814471883. netiquette.
  10. "In Pictures: America's Best-Performing Bosses". Forbes. April 28, 2010. Archived from the original on May 3, 2010.
  11. DeCarlo, Scott (January 23, 2013). "Bang For The Buck - Forbes.com". Forbes. Archived from the original on January 23, 2013.CS1 maint: bot: original URL status unknown (link)
  12. Brinson, Nate (September 27, 2007). "American Soccer News - Kansas City Wizards". Archived from the original on September 27, 2007.CS1 maint: bot: original URL status unknown (link)
  13. Stafford, Diane. "Cerner co-founder Neal Patterson surprises crowd at health conference". Kansas City Star. Archived from the original on November 20, 2016. Retrieved July 12, 2017.
This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.