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Terry Mulligan is a retired executive from medical-supplies company, Baxter International, where he served in various positions including senior vice president of corporate sales and marketing and group vice president of health systems. He retired from Baxter in 1996 after serving 26 years with the company, during which he was a member of both the Senior Management and Operating Management Committees.

Mr. Mulligan was also a founding director of MedAssets, Inc., a company providing financial services to healthcare providers worldwide, serving as vice-chairman of the board of directors from 1999–2016.

Mr. Mulligan holds a Bachelor of Science in secondary education from the University of Iowa. He served active duty in the United States Army from 1968 to 1970, and was stationed in Heidelberg, Germany. He was awarded the Army Commendation Medal as a First Lieutenant, for “Exceptionally Meritorious Service in Europe,” in 1970.

Mr. Mulligan served on the Baxter Foundation Board from 1990–1996. He was also on the board of the Children's Miracle Network, an organization that has raised more than $3 billion for Children's Hospitals in North America, from 1989–1995, and was the chairman of the Ethics Committee. Mr. Mulligan also served 17 years on the Board of Visitors of the Henry B. Tippie College of Business at the University of Iowa. Mr. Mulligan also serves on the board of Medical Specialties Distributors in Boston, Massachusetts, currently serving as Chairman of its Compensation Committee.

Mr. Mulligan has been recognized by two Iowa governors, being awarded the University of Iowa's "Most Outstanding Athlete, Army Brigade of Cadets," by Governor Harold Hughes in 1967, and the "Outstanding Individual Volunteer Award, State of Iowa," presented by Governor Terry E. Branstad, in 1996. In 2001, Mary Sue Coleman, the president of the University of Iowa, presented Mr. Mulligan with the "Distinguished Alumni Award for Service."