William U. Parfet (Bill), is the retired Chairman and CEO of MPI Research, a global preclinical pharmaceutical research organization (CRO) that he cofounded in Mattawan, MI in November 1995.  He currently serves as the Chairman and CEO of Northwood Group, the investment arm of his family office. 

From 1993 to 1996, Mr. Parfet served as the president and CEO of Richard-Allan Medical, headquartered in Richland, Michigan, a worldwide manufacturer of surgical products. 

Prior to that, he served as Vice Chairman of the Board of the Upjohn Company where he was also President (1991-1993) and Executive Vice President (1989-1991).  Mr. Parfet joined The Upjohn Company (now recognized as Pfizer) in March 1973 and was a member of the Board of Directors from 1985 through 2003.

Mr. Parfet currently serves as Chairman of Southwest Michigan First (economic development), Chairman of the Gilmore Car Museum, and serves as Director for the College for Creative Studies, Business Leaders for Michigan, and Kalamazoo Institute of Arts.

Previously he has served as Executive Chairman of inviCRO LLC (Boston), Trustee for the Financial Accounting Foundation, the group that oversees the Financial Accounting Standards Board (FASB) and was a member of the Emerging Issues Task Force (EITF).  He also served as the Independent Lead Director for Stryker Corporation, Director for Monsanto Company, Director for Consumers Energy, and Director for Taubman Company as well as Commissioner for the Michigan Department of Natural Resources and as the National Chairman for Financial Executives International (FEI) for which he was inducted into the FEI Hall of Fame in 2013.

Mr. Parfet received his BA in Economics in 1970 from Lake Forest College and his MBA in International Finance from the University of Michigan in 1972.  He and his wife, Barbara, live in Kalamazoo, Michigan.  They have six children and ten grandchildren.  Bill enjoys boating, fishing, collects old cars, and is an avid duck hunter.

Last Updated: Mar 14, 2018, 10:35am