Harry M. Kraemer
Harry M. Kraemer

Clinical Professor of Strategy

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Harry M. Jansen Kraemer, Jr. is an executive partner with Madison Dearborn, a private equity firm based in Chicago and also a Clinical Professor of Strategy at Northwestern University’s Kellogg School of Management in Evanston, Illinois. He is the former chairman and chief executive officer of Baxter International Inc., a $9 billion global healthcare company. He became Baxter's chief executive officer in January 1999, and assumed the additional responsibility of chairman of Baxter's board of directors in January 2000.

Mr. Kraemer joined Baxter in 1982 as director of corporate development. His twenty two year career at Baxter included senior positions in both domestic and international operations. In 1993, he was named senior vice president and chief financial officer, responsible for financial operations, business development, global communications, and European operations. Over the next several years, he assumed additional responsibility for Baxter’s Renal and Medication Delivery businesses. In April 1997, Mr. Kraemer was named president of Baxter International Inc.

Before joining Baxter, Mr. Kraemer worked for Bank of America in corporate banking and for Northwest Industries in planning and business development.

Mr. Kraemer is active in business, education and civic affairs. He serves on the board of directors of Science Applications International Corporation and Sirona Dental Systems GmbH, and on the board of trustees of Lawrence University, Northwestern University, the Conference Board and Evanston Northwestern Healthcare.

He is a member of the Dean’s Advisory Board of Northwestern University’s Kellogg School of Management, the Dean’s Advisory Board of Johns Hopkins Bloomberg School of Public Health, and the Advisory Board of LEK Consulting. He is a member of the Business Council, the Commercial Club of Chicago, the Chicago Council on Global Affairs, the Executives Club of Chicago and the Economics Club of Chicago. He is a past member of the Business Roundtable and the Healthcare Leadership Council.

Mr. Kraemer graduated summa cum laude from Lawrence University of Wisconsin in 1977 with a bachelor’s degree in mathematics and economics. He received an MBA degree in finance and accounting from Northwestern University’s Kellogg School of Management in 1979. He is a certified public accountant. For his outstanding leadership and service, he received the 1996 Schaffner Award from the Kellogg School of Management.

Harry enjoys jogging, tennis, skiing and reading, especially world civilization. Harry, his wife Julie, and their five children live in Wilmette, Illinois.

Print Vita
MBA, 1979, Accounting, Finance, Kellogg School of Management, Northwestern University
BA, 1977, Economics, Mathematics, Lawrence University, Summa Cum Laude, Phi Beta Kappa

Grants and Awards
L.G. Lavengood Outstanding Professor of the Year Award, Kellogg School of Management, 2008

Print Research

Print Teaching
Teaching Interests
Values-based leadership/managerial leadership, management strategy
Full-Time / Part-Time MBA
Managerial Leadership (formerly MGMT-468-0) (MORS-468-0)

This course counts toward the following majors: Management & Organizations.

This course is designed to help students understand the character and challenges of leadership as it exists and can exist in various organizational settings. It is intended to provide insights into the demands of leadership and explore how leadership skills can be developed and applied most effectively. Interaction with guest lecturers provides an opportunity to observe and dissect various approaches to leadership. The objective of the course is to help students prepare for, and make them more sensitive to, continuing opportunities for improving their own managerial and leadership capabilities.

Executive MBA
Leading a Global Company (MORSX-468-0)
The focus of this class is to provide a thorough understanding of what is involved in leading a global company. Through a combination of lectures, cases and readings, the class will discuss and debate the key ingredients required to establish and manage a global company.