Jon Borschow

Founder / Chairman, Foundation for Puerto Rico

In 1972, Jon graduated from MIT with a degree in electrical engineering and computer science and began his career in the family business. When he took over as president in 1979 the company had six figure annual sales. For the next 30 years it grew over 25% annually with continuous technological improvements allowing it to smoothly scale up its operations while providing unique customized service capabilities. In 2008 the company was acquired by Cardinal Health. Today, it is the leading healthcare distribution company in Puerto Rico with over 500 employees, including 46 engineers and computer scientists, the largest distribution business in Puerto Rico. Jon remained as CEO of the Puerto Rico business until his retirement in 2011.

He served on the board of HDMA from 1998 to 2008, and helped transform the association into an effective vehicle to support the $300 billion healthcare distribution industry in the 21st century. He also served on and chaired the HDMA Foundation (now the Center for Healthcare Supply Chain Research). Jon continues to study the evolution of healthcare in the U.S. and internationally.

Jon is a major philanthropic giver. At MIT, he has endowed a needs-based undergraduate scholarship for students from Puerto Rico. In 2011, he expanded his relationship with MIT to include a multi-million dollar investment in the MIT Puerto Rico Economic Project to develop a new strategy for growth for Puerto Rico involving the MIT Center for International Studies, The MIT Community Laboratory, The MIT Political Science Department, the Sloan School of Management, and the Puerto Rico Center for a New Economy. In 2011, Jon established the Foundation for Puerto Rico to focus on high impact catalytic philanthropy to support these goals.

Talks