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Louis T Rosso

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BUSINESS
May 10, 1993 | James M. Gomez, Times staff writer
Louis T. Rosso has been with Beckman Instruments for 35 years and has been at its helm since the medical instrument maker was spun off from SmithKline Beckman Corp. in 1989. Under Rosso's direction, Beckman has aggressively established itself in Europe and Asia. Because of the push into global markets, about 55% of the company's revenue comes from overseas sales. Rosso also has strong views about the effect of health care reforms on the medical device industry.
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BUSINESS
July 24, 1998
Beckman Coulter Inc. Chief Executive Louis T. Rosso, having completed a merger that positions his Fullerton-based company to be a top player in the medical diagnostic equipment business, said he plans to retire Sept. 1. Rosso, who turns 65 in August, will be succeeded by his right-hand man, John P. Wareham, 56, president and chief operating officer. Rosso will retain the title of chairman. Beckman Coulter was created in the $1.15-billion merger of Beckman Instruments Inc. and Coulter Corp.
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BUSINESS
July 24, 1998
Beckman Coulter Inc. Chief Executive Louis T. Rosso, having completed a merger that positions his Fullerton-based company to be a top player in the medical diagnostic equipment business, said he plans to retire Sept. 1. Rosso, who turns 65 in August, will be succeeded by his right-hand man, John P. Wareham, 56, president and chief operating officer. Rosso will retain the title of chairman. Beckman Coulter was created in the $1.15-billion merger of Beckman Instruments Inc. and Coulter Corp.
BUSINESS
July 24, 1998 | PATRICE APODACA, TIMES STAFF WRITER
Having completed a merger that positions his company to be a top player in the medical diagnostic equipment business, longtime Beckman Coulter Inc. Chief Executive Louis T. Rosso announced plans to retire on Sept. 1. Rosso, who turns 65 in August, will be succeeded by heir apparent John P. Wareham, 56, who is currently president and chief operating officer.
BUSINESS
July 24, 1998 | PATRICE APODACA, TIMES STAFF WRITER
Having completed a merger that positions his company to be a top player in the medical diagnostic equipment business, longtime Beckman Coulter Inc. Chief Executive Louis T. Rosso announced plans to retire on Sept. 1. Rosso, who turns 65 in August, will be succeeded by heir apparent John P. Wareham, 56, who is currently president and chief operating officer.
BUSINESS
January 18, 1988
Louis T. Rosso became president of Beckman Instruments in 1982 shortly after the Fullerton company was acquired in a $1-billion merger with the Philadelphia pharmaceutical giant that became SmithKline Beckman Corp. At the same time, the domestic market for medical diagnostic and analytical instruments suddenly went sour because of revisions in Medicare reimbursement regulations that put new constraints on hospital operating costs.
BUSINESS
May 17, 1992 | TED JOHNSON, SPECIAL TO THE TIMES
For many Orange County executives, 1991 was a year when their pay packages came under greater shareholder scrutiny and corporate boards were cautious in handing out cash bonuses and perks. It mirrored a trend statewide of keeping executive compensation in line with a company's financial performance. Of the top 100 county executives on the list of publicly traded companies, one-third of the officers saw their cash compensation remain unchanged or had it reduced.
CALIFORNIA | LOCAL
September 1, 1995
Donald A. Strauss, former mayor of Newport Beach and vice president of administration for Beckman Instruments Inc., died of an apparent heart attack Wednesday. He was 79. A Newport Beach resident for 38 years, Strauss served as a city councilman for 12 years before he became the city's mayor from 1988-89. Strauss joined Beckman in 1952 as director of employee relations. "He had a big influence during the critical years of Beckman's growth," said Louis T.
BUSINESS
January 26, 1999
Beckman Coulter Inc.: The Fullerton provider of medical diagnostics said fourth-quarter net income totaled $18.5 million, or 63 cents a share, as sales rose 14%. A year ago, the company posted a net loss of $320.2 million, or $11.63 a share, reflecting charges from the acquisition of Coulter Corp. Sales rose to $483 million from $424 million. For the year, the company earned $33.5 million, or $1.14 a share, contrasted with a net loss of $264.4 million, or $9.58 a share, the previous year.
BUSINESS
May 10, 1993 | James M. Gomez, Times staff writer
Louis T. Rosso has been with Beckman Instruments for 35 years and has been at its helm since the medical instrument maker was spun off from SmithKline Beckman Corp. in 1989. Under Rosso's direction, Beckman has aggressively established itself in Europe and Asia. Because of the push into global markets, about 55% of the company's revenue comes from overseas sales. Rosso also has strong views about the effect of health care reforms on the medical device industry.
BUSINESS
January 18, 1988
Louis T. Rosso became president of Beckman Instruments in 1982 shortly after the Fullerton company was acquired in a $1-billion merger with the Philadelphia pharmaceutical giant that became SmithKline Beckman Corp. At the same time, the domestic market for medical diagnostic and analytical instruments suddenly went sour because of revisions in Medicare reimbursement regulations that put new constraints on hospital operating costs.
BUSINESS
January 18, 1986 | ROBERT HANLEY, Times Staff Writer
Beckman Instruments Inc. said Friday that it will lay off 91 Orange County employees in anticipation of reductions in federal spending for health care and related research. Of the workers to be dropped from Beckman's payroll over the next three weeks, 38 are employed at the company's Brea-based Diagnostic Systems group and 53 are employed at its Fullerton headquarters, a company spokeswoman said.
BUSINESS
December 1, 1993 | MICHAEL FLAGG, TIMES STAFF WRITER
Beckman Instruments Inc. said Tuesday that its new president will run the laboratory-equipment manufacturer day to day while the chairman concentrates on long-range strategy. Prodded nearly a year ago by powerful new shareholders, Beckman has been reorganizing: Last month it appointed Vice President John P. Wareham, 52, to the new post of president and chief operating officer. His mandate is to focus on boosting the company's disappointing profits. Chairman and Chief Executive Officer Louis T.
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