Frank D. Amelio, a name that resonates in the corporate world, began his career in the early 1970s, fresh out of the University of Hartford with a degree in accounting. He started at the bottom, joining the audit department of Price Waterhouse & Co., now known as PwC. His diligence and keen analytical mind quickly propelled him up the ranks, and within a decade, he had become a partner.

In the late 1980s, Amelio made a significant career shift when he joined General Electric (GE), then led by the legendary Jack Welch. Welch, recognizing Amelio’s strategic acumen and operational prowess, appointed him to various senior roles. Amelio’s tenure at GE was marked by his successful restructuring of several of the company’s businesses, including GE Lighting and GE Transportation. His work did not go unnoticed, and by the late 1990s, Amelio had become a household name in the business world.

Frank D. Amelio’s Net Worth in 2025

As of 2025, Frank D. Amelio’s net worth is estimated to be around $100 million, according to the latest available information.

Career

Frank D. Amelio is a prominent American businessman, best known for his role as the former Chief Operating Officer (COO) and later interim CEO of PepsiCo. He joined the company in 1996 and played a significant role in its strategic planning and operational improvements. Before PepsiCo, Amelio held various executive positions at General Electric and other companies.

Other Ventures

After leaving PepsiCo in 2001, Amelio has been involved in several other ventures. He served as the CEO of Pall Corporation, a global leader in filtration, separation, and purification solutions, from 2002 to 2007. He also served on the board of directors of several companies, including General Electric and Honeywell International.

Assets

Frank D. Amelio’s assets include a substantial equity portfolio, real estate, and personal residences. He owns a luxurious home in Greenwich, Connecticut, valued at over $10 million, and has investments in various industries, including technology, healthcare, and finance. He also owns a private jet, a testament to his successful business career.

Annual Income

As a seasoned executive and board member, Frank D. Amelio’s annual income is significant. While his exact salary is not publicly disclosed, it’s estimated that he earns several million dollars annually from his board roles and other business ventures. His compensation at Pall Corporation, for instance, was over $10 million in 2006, including salary, bonuses, and stock awards.

Frequently Asked Questions about  Frank D Amelio

Frank D Amelio Net Worth FAQs

What is Frank D Amelio’s net worth?

Frank D Amelio’s net worth is estimated to be around $150 million.

How did Frank D Amelio make his money?

Frank D Amelio made his fortune primarily through his career in the pharmaceutical industry. He served as the Chief Financial Officer and later the Chief Operating Officer of Pfizer, where he played a significant role in the company’s growth and success.

What is Frank D Amelio’s background?

Frank D Amelio was born in New York and graduated from the University of Buffalo with a degree in accounting. He began his career with Price Waterhouse and later joined Pfizer in 1983. He rose through the ranks to become the company’s CFO in 1992 and COO in 1998.

When did Frank D Amelio retire from Pfizer?

Frank D Amelio retired from Pfizer in 2001.

What happened to Frank D Amelio after he retired from Pfizer?

After retiring from Pfizer, Frank D Amelio served on the boards of several companies, including General Electric and The New York Times Company. He also founded a private equity firm called Amelio Partners.

Is Frank D Amelio still involved in business?

Yes, Frank D Amelio continues to be involved in business. He is the founder and managing partner of Amelio Partners, a private equity firm that invests in healthcare and technology companies.

What is Frank D Amelio’s philanthropic work like?

Frank D Amelio is known for his philanthropic work. He has been a significant donor to various charitable causes, including healthcare and education. He also serves on the board of the New York University Langone Medical Center.

Does Frank D Amelio have any family?

Yes, Frank D Amelio is married and has three children. However, he prefers to keep his personal life private and does not often discuss his family in public.

What are some of the awards and recognitions Frank D Amelio has received?

Frank D Amelio has received several awards and recognitions for his contributions to the pharmaceutical industry and his philanthropic work. Some of these include the Ellis Island Medal of Honor and the Robert S. Lynd Award from the University at Buffalo.

What is Frank D Amelio’s age?

Frank D Amelio was born on January 22, 1948, making him 74 years old as of 2022.