Phillip T. (Terry) Ragon

Phillip Terrence “Terry” Ragon is an American entrepreneur and philanthropist who founded InterSystems and is the current CEO.

  • Phillip Ragon, known as Terry, founded InterSystems, a software company that enables hospitals and banks to analyze big data, in 1978.
  • Ragon retains full ownership of the company, which had $704 million in 2018 sales.
  • After a trip to South Africa in 2009 where Terry and Susan saw the ravages of AIDS, they established the Ragon Institute to pursue an HIV vaccine.
  • Ragon and his wife, Susan Ragon, joined the Giving Pledge in May 2017.
  • In April 2019 Ragon and his wife Susan announced a $200 million gift to endow the Ragon Institute of Massachusetts General Hospital, MIT and Harvard.