Building A Better Board: Rebecca M. Bergman Guides Sigma-Aldrich Well!
Sometimes, the very best thing for a technology company is an outsider who understands the products and goals of the company, without necessarily understanding all of the intricacies of the business. It takes a fairly daring company to grant a seat on the Board of Directors to an individual who has vision, but not business experience. In the case of Sigma-Aldrich, one of the world’s leading scientific equipment manufacturers, the company took a calculated risk when it hired Rebecca M. Bergman directly to the Board.
Rebecca M. Bergman came to Sigma-Aldrich as the Vice President for Science and Technology at Medtronic, a worldwide leader in medical technology development and manufacturing. As a new member of the Board of Directors for Sigma-Aldrich, Bergman had no real business experience. At Medtronic, Rebecca M. Bergman distinguished herself as an engineer in the Cardiac Rhythm Disease Management unit. She rose to Vice President for Science and Technology after serving as a biomedical engineer developing and testing new technologies. Often divorced from the business of Medtronic, Inc., Bergman was a diligent scientist who was committed to developing technologies designed to save lives.
But that type of researcher is an ideal one for Sigma-Aldrich. The Board of Directors for Sigma-Aldrich was packed with businesspeople when Bergman joined it. The Board needed someone who was creative and understood how to prioritize the research and development portion of Sigma-Aldrich and Bergman, with her innate curiosity, represented the pinnacle of that type person. So, while the Board recognized the value of discovery, they needed someone who could guide the company’s search for advancements in medical technology. With her B.S. in Chemical Engineering from Princeton and subsequent graduate coursework from the University of Minnesota, Rebecca M. Bergman was an ideal choice.
Rebecca M. Bergman rose to the challenge of joining a Board of Directors. She immediately began exploring the financials of Sigma-Aldrich the way she researched for Medtronic, methodically exploring the books to see how the business aspect of the scientific company ran. She viewed the position as a service role and eagerly explored the unfamiliar aspects of Sigma-Aldrich. Even as she continued her medical research work with Medtronic, Rebecca M. Bergman helped guide Sigma-Aldrich forward in more profitable ways.
Since Rebecca M. Bergman joined the Board of Directors, Sigma-Aldrich stock has peaked twice to new highs. With her help, Sigma-Aldrich continues to discover and grow, proving the business value of promoting researchers like Rebecca M. Bergman!
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