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Carl Cook
Carl Cook
from Wikipedia

Carl Cook (born November 10, 1962)[1] is an American billionaire businessman. He is CEO of the Cook Group, a medical device company that was co-founded by his parents. As of May 2024, his net worth is estimated to be US$10.6 billion, making him the wealthiest person in the state of Indiana.[2]

Key Information

Early life

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He is the son of William Cook (died 2011) and Gayle Cook (died 2025), who co-founded the Cook Group.[1]

He has a bachelor's degree in engineering from Purdue University, and an MBA from the University of Iowa.[3][1]

Career

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After graduation, Cook traveled to France and Germany for a year, setting up computers for his family's company, the Cook Group, a medical devices company founded by his late father William Cook. He then worked at the Cook Group pacemaker division in Leechburg, Pennsylvania, and in their Winston-Salem plant.[1]

Cook is also the president of a life sciences division of Cook Group, called Cook MyoSite, which is developing a cell therapy to treat urinary incontinence.[1]

Personal life

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On January 5, 2008, Cook married Marcy Heshelman at the West Baden Springs Hotel, having met her when she was working in Cook Inc's auditing department.[4] She grew up in Greene County, Indiana.[3] They live in Bloomington, Indiana, and have a daughter.[1][5]

References

[edit]
Revisions and contributorsEdit on WikipediaRead on Wikipedia
from Grokipedia
Carl Cook is an American businessman who serves as the (CEO) of Cook Group Incorporated, a privately held, family-owned conglomerate specializing in medical devices, with additional operations in , , and biopharmaceuticals. Born in 1962 in , to William Alfred Cook and Gayle Karch Cook, the company's founders, Cook grew up in a family deeply involved in and . He earned a in from and an MBA from the before joining Cook Group in 1988. Cook assumed the CEO role in following his father's death, leading the Bloomington-based company—which his parents started in their apartment spare bedroom in —through continued expansion in minimally invasive medical technologies such as catheters, stents, and guidewires. Under his leadership, Cook Group has achieved annual revenues of approximately $2.6 billion in 2024, while maintaining its status as a global leader in the industry. As of November 17, 2025, Cook's is estimated at $12.2 billion, making him the richest person in and ranking him among the world's wealthiest individuals. He continues his parents' legacy of , serving as chair of the Rose-Hulman Board of Trustees since 2023 and supporting initiatives in , healthcare, and in .

Early life and education

Early life

Carl Cook was born on November 10, 1962, in . He is the son of William "Bill" Cook, who passed away in April 2011, and Gayle Karch Cook, who died on August 17, 2025. His parents co-founded in 1963, starting the medical device company in the spare bedroom of their Bloomington apartment as a small venture focused on producing percutaneous wire guides and catheters for minimally invasive procedures. Cook grew up in , within a family environment deeply intertwined with the emerging medical device industry. With the business originating in his family's home just a year after his birth, he experienced firsthand the hands-on, entrepreneurial operations of the company's formative years. He subsequently attended and the for his higher education.

Education

Carl Cook earned a in from in 1985. His undergraduate studies provided a strong foundation in engineering principles, including and , which are essential for innovating and developing medical devices such as catheters and stents produced by his family's company. Following his bachelor's degree, Cook pursued advanced business education, obtaining a (MBA) from the Tippie College of Business at the . The MBA curriculum equipped him with key management skills in operations, , and , preparing him to oversee a complex manufacturing enterprise in the sector. Together, these degrees combined technical expertise with business acumen, aligning directly with the demands of leading a firm focused on precision medical technologies.

Career

Early career at Cook Group

Carl Cook joined in 1988, shortly after earning his MBA from the and a bachelor's degree in from . His engineering background equipped him for hands-on operational roles within the family-owned manufacturer. One of his first assignments took him to , where he spent a year establishing computer systems to support Cook Group's operations in and . This role involved integrating technology to facilitate the distribution and management of medical devices, including vascular catheters and stents, across international markets. Through this experience, Cook gained early insights into the regulatory and logistical challenges of global medical product deployment. Returning to the , Cook worked in key manufacturing positions, including at the company's pacemaker division in , and its facility in . In these capacities, he focused on product development and operational efficiency for devices such as pacemakers and other minimally invasive tools. His contributions helped refine manufacturing processes and adapt products to meet varying international standards, laying groundwork for Cook Group's expanding presence in the sector.

Rise to CEO

Carl Cook assumed the role of of Cook Group Incorporated on April 15, 2011, immediately following the death of his father, William A. Cook, the company's founder, who passed away at age 80 from congestive . He inherited leadership of the privately held , which was then valued in the billions—reflected in William Cook's estimated of $3.1 billion—and committed to maintaining family control without pursuing a public listing. The transition period focused on stabilizing operations in the wake of the founder's passing while upholding the company's longstanding emphasis on innovation in minimally invasive medical devices, particularly those for vascular and urological applications. Cook served alongside his mother, Gayle Karch Cook, who remained on the company's , ensuring continuity in family governance until her death on August 17, 2025, at age 91.

Leadership as CEO

Under Carl Cook's leadership as CEO of since 2011, the company has experienced significant expansion, achieving annual sales of $2.6 billion in 2024 while employing over 12,000 people globally and operating in 135 countries. This growth reflects a strategic focus on scaling operations in the sector without pursuing public ownership, maintaining the family's private control established by the company's founders. Cook's oversight has positioned as a leader in healthcare innovation, with revenue increases driven by diversified product lines and international . A notable accomplishment has been the advancement into through Cook MyoSite, a Cook Group subsidiary where Cook serves as president. This division specializes in autologous muscle-derived cell therapies, including treatments for that involve harvesting and expanding a patient's own muscle cells to restore function. Clinical trials for these therapies, initiated as early as 2004, underscore Cook's commitment to addressing unmet clinical needs in and beyond, with ongoing research into and other indications. Cook has prioritized robust in minimally invasive medical devices, such as guidewires for vascular access and balloons for dilation procedures, alongside biotech innovations that integrate with traditional interventional tools. This approach has sustained Cook Group's competitive edge while preserving its status as a privately held entity, contributing to Cook's estimated of $12 billion as of November 2025—derived primarily from his ownership stake in the company—and establishing him as Indiana's wealthiest individual.

Philanthropy

Gayle and Bill Cook Foundation

The Cook family philanthropy is channeled through the Gayle and Bill Cook Foundation, a private family-led organization established in 2013 to support charitable initiatives in , with Carl Cook serving as and his mother Gayle Cook as president until her death on August 17, 2025. The foundation extends the legacy of Bill and Gayle Cook's extensive giving, which emphasized community improvement through targeted support for non-profits, and operates with a focus on , healthcare, , and humanities. It provides grants to local efforts, including and public access programs in Bloomington and surrounding areas. Key grants have bolstered cultural and educational infrastructure, such as a major donation from Gayle Cook in 2020 to establish the Gayle Karch Cook Center for Public Arts and Humanities at . This gift funded renovations to Maxwell Hall, creating a hub for programming, exhibits, and , and was matched by a $500,000 and Capacity Building Challenge grant from the . Other notable contributions include $1 million to in 2015 for restoring historic campus structures like the Normal Hall dome, enhancing public humanities resources. As a family-directed entity, the foundation prioritizes strategic, low-profile giving aligned with the Cooks' values of enhancement, with annual distributions varying in the low hundreds of thousands of dollars (e.g., $140,000 in 2024) to support impactful local non-profits and initiatives. This model reflects Carl Cook's ongoing commitment to perpetuating his parents' vision, leveraging resources from his leadership at to sustain long-term philanthropic efforts in .

Educational and community contributions

Carl Cook has made significant contributions to educational institutions, particularly his , Rose-Hulman Institute of Technology, where he provided leadership and financial support for a $250 million comprehensive fundraising campaign completed in 2021, aimed at enhancing and programs. This effort helped expand scholarships, faculty resources, and facilities to foster STEM education. Additionally, Cook has endowed faculty chairs at Rose-Hulman, including the Endowed Faculty Chair for Innovation in Science, , and Mathematics and the Endowed Faculty Chair for Innovation in the Liberal Arts, supporting advanced teaching and research in these fields. In , Cook has actively supported community initiatives focused on , serving as chair of the board for Indiana Landmarks from 2014 to 2016 and contributing to the restoration of key landmarks such as the . His involvement has helped preserve sites, promoting community pride and in southern . While Cook maintains a low-profile approach to his , preferring to avoid public recognition, these efforts complement the broader work of the Cook Family Foundation in supporting local development. Cook's educational and community impact was formally recognized in 2024 when he was inducted into the Indiana Academy, an organization honoring leaders in private higher education, for his lifetime achievements in and . The induction highlighted his dedication to advancing Indiana's educational landscape through strategic giving and leadership roles.

Personal life

Family

Carl Cook married Marcy Heshelman on January 5, 2008, at the in , where the couple had met during her time in the company's tax department. The couple welcomed one daughter, Lynnette Cook, following their marriage, and the family has consistently prioritized privacy regarding her . Cook's extended family carries a legacy of philanthropy established by his parents, William "Bill" and Gayle Cook—who died on August 17, 2025—who were renowned for their contributions to and community projects in without overlapping into business operations. Cook upholds these family traditions by emphasizing privacy in personal matters while engaging in community involvement, including support through the family foundation for local causes.

Residence and lifestyle

Carl Cook resides in Bloomington, Indiana, close to the headquarters of Cook Group Incorporated, the medical device company he leads as CEO. He maintains a modest lifestyle that aligns with the values of humility and privacy upheld by his family, who have long resided in a simple three-bedroom home in Bloomington since 1967. Cook is recognized for his low-profile existence, avoiding media attention and public displays of his substantial wealth while prioritizing his professional responsibilities and family life. Cook engages in local community events in Bloomington through his involvement in historic preservation efforts, including leading the annual selection process for the Cook Cup award for outstanding restoration projects and presenting the prize at Indiana Landmarks' ceremony.

References

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