Key moments in Genzyme's history
1983 - Termeer joins Genzyme
Dutch-born Henri Termeer, the biotech's current chief executive, joined Genzyme as president in 1983. Termeer had previously worked as a senior executive at the Southern California health care company Baxter. Termeer would become CEO in 1985 and chairman in 1987.
In a 1986 Globe interview, Termeer described the challenges that Genzyme faced when he took the job. "The company had a strong technology base, but it was leaking money," he said.