The Parkinson Award for Purpose & Profit is named for Robert (Bob) L. Parkinson, Jr., an extraordinary individual who believed in the positive power of business.

Bob served as chairman and CEO of Baxter from 2004 to 2015. During Bob's tenure, Baxter enhanced its status as a leader in corporate social responsibility and environmental stewardship, earning recognition in the Dow Jones Sustainability Index and the Global 100. Baxter simultaneously generated shareholder returns that significantly outperformed benchmark indices.

Prior to Baxter, Bob was dean of Loyola’s business school, where he championed the importance of ethics in business education. Bob also had a distinguished 25-year career at Abbott Laboratories, culminating in the role of president and COO. At Baxter and at Abbott, Bob passionately applied his business acumen to improve human health.

A double Loyola alumnus (BA ’73, MBA ’75), Bob served as chairman of Loyola’s Board of Trustees from 2013 to 2019, leaving a legacy that will continue to energize the university’s Jesuit mission for generations to come.