Michael McGranaghan Honored by University For Outstanding Achievements
Bowling Green State University honored one accomplished graduate from each of the seven colleges at the 2015 BGSU College Alumni Awards held March 7. Michael McGranaghan, a 1980 business graduate, was the alumnus recognized for the College of Business. In a career at Johnson and Johnson spanning more than 32 years, McGranaghan made significant contributions to the enterprise, including senior finance leadership roles in each segment of the business as well as procurement.
After graduating from BGSU magna cum laude with a bachelor's degree in accounting, he earned an MBA with high honors from The Pennsylvania State University. McGranaghan joined Johnson and Johnson in 1982 as a senior financial analyst in the corporate finance group and rapidly ascended to leadership positions across the consumer, pharmaceutical and medical devices and diagnostics businesses.
He was promoted to chief financial officer for Iolab in 1994, served as the CFO for the Johnson and Johnson Merck OTC Joint Venture in 1995, and was appointed the CFO for Ethicon EndoSurgery in 1996.
In 1999, McGranaghan was promoted to vice president for group finance for the medical devices and diagnostics segment, where his leadership was instrumental in shaping the business into a world-leading competitor. He also served as the vice president for group finance for the medicines and nutritionals business from 2003-05.
In 2006, McGranaghan was named Johnson and Johnson's first chief procurement officer. In 2009, he joined the pharmaceuticals business as vice president for group finance, where he played a key role in leading the successful transformation of the business to one of the most innovative and fastest growing pharmaceutical businesses in the world.
In addition to his significant contributions to the company, McGranaghan was an outstanding developer of talent and mentored many finance and business leaders and employees at all levels and across multiple functions in the organization. He currently serves on the BGSU College of Business Administration Leadership Council.