#TechCEO: Meet Bio-Rad Laboratories Boss Norman Schwartz

Normal Schwartz has been the Chief Executive Officer or CEO, President, and Chairman of Bio-Rad laboratories since 2003.

Meet Bio-Rad Laboratories CEO Norman Schwartz

Years before the now-CEO of Bio-Rad Laboratories got involved in the business, his parents, David Schwartz and Alice Schwartz founded the Bio-Rad Laboratories in California way back in 1952.

Schwartz said in an interview with Investors.com that he spent his early days here on Earth looking above his crib inside the laboratories of his parents while they were doing some science stuff.

Norman Schwartz and Bio-Rad

Even if Schwartz already spent his younger years staying inside the laboratories of Bio-Rad, he continued the legacy of his mother and father, who founded the company.

Meanwhile, according to the report by Bloomberg, Schwartz has been with Bio-Rad Laboratories since 1995, wherein he served as its board member.

Back then, his father, David, still took the helm at Bio-Rad, sitting as its CEO.

However, in 2003, there was a massive leadership change in Bio-Rad as David stepped down as the chief executive of the company.

The younger Schwartz expanded his role from merely sitting as a board member of Bio-Rad. He took over the company as he was named its CEO.

Almost a decade after that the CEO took the chairmanship role in the company. As such, the younger Schwartz is now the Chairman, President, and CEO of Bio-Rad.

Norman Schwartz as CEO

The current CEO of Bio-Rad, Schwartz brought the company to the next level after he took over way back in 2003. Years have passed since he started leading the firm, but it still continues to grow these days.

Investor.com said in its report that the shares of Bio-Rad significantly rose when Schwartz started leading the company.

As of writing, the shares of Bio-Rad are now trading at roughly around 600. It is worth noting that it only costs about 3.50 way back in 1966 when it first debuted on the New York Stock Exchange.

On top of that, the share price of Bio-Rad has also drastically gone up to a whopping 1,400% since Schwartz took over as its CEO.

Schwartz and his Success as CEO

The Bio-Rad boss shared in the Investors.com interview that he "grew up in an environment of determination and innovation." That's why to Schwartz problem-solving is more of a second nature to him.

The younger Schwartz also highlighted a lesson that he learned from his father that he still keeps today. He revealed that his dad was a firm believer of the old adage that says: "if it is worth doing, it is worth doing right."

This article is owned by Tech Times

Written by Teejay Boris