Phil Hagerman is an American entrepreneur, philanthropist, pharmacist and former CEO and chairman of Diplomat Pharmacy, Inc., the largest independent provider of specialty pharmacy services in the United States. He co-founded Diplomat Pharmacy, Inc. in 1975 with his father, Dale Hagerman, and today it is publicly traded on the New York Stock Exchange, raising $175 million during its IPO in October 2014. He and his wife, Jocelyn Hagerman, are founders of the Hagerman Foundation, a non-profit organization dedicated to philanthropic efforts across Michigan in the areas of family, community, and education. They also founded SkyPoint Ventures, LLC, a real estate investment and venture company that work to bring businesses to the city ofFlint and its surrounding areas.
Philanthropy
Education and training philanthropy
In February, 2015, through the Hagerman Foundation, Hagerman donated $5 million to the Ferris StateUniversity College of Pharmacy to support student scholarships and an endowed chair for health informatics. In 2015, he gave a $2 million endowment gift to the University of Michigan-Flint to create The Hagerman Center for Entrepreneurship and Innovation. In addition to funding a new center, the gift also created the Hagerman Scholars program, a program designed to nurture and cultivate entrepreneurial leaders in Flint. In 2016, Hagerman donated $120,000 through the Hagerman Foundation to Grand Circus's Develop Bootcamp. Designed to promote diversity in tech, the intensive programming course offered free tuition, exclusively for women in Flint and Detroit. In recognition of his commitment to philanthropy in education, Hagerman and his wife, Jocelyn received The State Bank Contribution to Education Award in 2016 for their work in Fenton, Michigan.
Community philanthropy
Hagerman has also supported more community and family focused organizations and events. He is involved with funding nonprofits like Ele's Place, a healing center for grieving children and teens, and has given a $10,000 grant to the Fenton Lakes Area Arts Council to support a new summer event series called "Arts are the Heart." Additionally, he partners with and supports Carriage Town Ministries, a clinic serving underserved and homeless residents of Flint, Michigan with free health, eye and dental screenings.
Community renovations
Hagerman is particularly committed revitalizing the downtown areas of Flint and Fenton. He has been active in partnering with Kettering University and U-M Flint to reopen a historic ice rink in the heart of downtown Flint. Additionally, he has invested $4 million in the Capitol Theatre renovation project. When finished, the 2,000 seat, 25,000 square foot theatre will be a landmark of downtown Flint. Furthermore, Hagerman and his wife Jocelyn are the owners of Skypoint Ventures, a real estate investment and venture company that is working in and around the city of Flint, Michigan.
Personal life
He is married to Jocelyn Hagerman and has four children, Jennifer, Megan, Tom and Taylor.
