Milan Panić
Serbian-American businessman and former politician / From Wikipedia, the free encyclopedia
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Milan Panić (Serbian Cyrillic: Милан Панић, pronounced [mǐlan pǎːnit͡ɕ]; born 20 December 1929)[1][2] is a Serbian-American businessman, humanitarian and former politician. He served as the Prime Minister of the Federal Republic of Yugoslavia from 1992 to 1993.[3] During and after his time as prime minister, he campaigned for peace and democracy in the Balkan region.[4] He ran for President of Serbia in 1992, ultimately coming in second to Slobodan Milošević[5] in an election marked by allegations of media and vote tampering by the ruling party.[6][7] Panić became Prime Minister of Yugoslavia while an American citizen. The legality of retaining US citizenship while accepting this office has been questioned based on a Constitutional prohibition of a US citizen accepting office on behalf of a foreign nation.[8] Panić is the first US citizen to occupy a high-level political position in a foreign country since Golda Meir. Panić is also the first civilian to serve as Defence Minister in the history of Serbia.[9]
Milan Panić | |
---|---|
Милан Панић | |
1st Prime Minister of FR Yugoslavia | |
In office 14 July 1992 – 9 February 1993 | |
President | Dobrica Ćosić |
Deputy | Oskar Kovač Radoje Kontić |
Preceded by | Position established |
Succeeded by | Radoje Kontić |
1st Minister of Defence of FR Yugoslavia | |
In office 14 July 1992 – 2 March 1993 | |
Prime Minister | Himself Radoje Kontić |
Preceded by | Position established |
Succeeded by | Pavle Bulatović |
Personal details | |
Born | (1929-12-20) 20 December 1929 (age 94) Belgrade, Kingdom of Yugoslavia |
Nationality | Serbian |
Political party | Independent |
Other political affiliations | DEPOS (1992) SZP (1998–2000) |
Spouses | Jelica Narandžić
(m. 1954; died 1976)Sally Taylor
(m. 1976; div. 1998)Alexandra Novak (m. 2019) |
Outside of his political and humanitarian activities, Panić built a lengthy career in the pharmaceutical and medical industries. He grew ICN Pharmaceuticals from a small operation in his garage into a global pharmaceutical corporation listed on the New York Stock Exchange,[10] with over $672 million in annual sales across 90 countries at its peak.[11] After retiring from ICN, he spun off an ICN subsidiary and renamed it MP Biomedicals.[12] The company is a global producer of life science and diagnostic products, with operations in North America, Asia, Australia, and Europe. In October 2015, Panić announced the pending sale of MP Biomedicals to a Chinese chemical company, Valiant Fine Chemicals Co., Ltd.[13]
Panić pursues philanthropy personally and through his Milan Panić Jr. Foundation, as well as MP Global Enterprises & Associates, LLC. As part of his philanthropic efforts, he has sponsored scholarships at the MIT-Harvard Medical School Program[14] and lectured on peacebuilding at George Washington University and University of Southern California.[15] He is also a member of the President's cabinet at Chapman University,[16] Vice Chairman and sponsor of the Los Angeles Opera,[17][18] and frequent sponsor of California cultural institutions and charities.