Harold McGraw III
Encyclopedia
Harold Whittlesey "Terry" McGraw III (born 1948) is chairman, president
and chief executive officer
(CEO) of McGraw-Hill
Companies and chairman of the Business Roundtable
, an association of CEOs of American companies.
As CEO, he led the consolidation of 15 diverse units into three business segments, each a market leader.
McGraw joined The McGraw-Hill Companies in 1980 and was vice president, Corporate Planning; publisher, Aviation Week & Space Technology; president, McGraw-Hill Publications Company; and president, McGraw-Hill Financial Services Company. While CEO of McGraw-Hill in 2009, McGraw earned a total compensation of $5,905,317, which included a base salary of $1,390,500, a cash bonus of $1,261,000, stock granted of $924,060, options granted of $1,854,583, and other compensation of $475,174.
In 1999, McGraw and his father Harold McGraw, Jr.
accepted the Honor Award
from the National Building Museum
on behalf of the McGraw-Hill Companies, which were recognized for their contributions to the U.S.'s built environment.
in 1976 and a B.A. from Tufts University
in 1972. He lives in Darien, Connecticut
.
The group makes up more than a third of the total value of the U.S. stock market, 60 percent of total corporate philanthropic donations in the country and almost half of all private research and development funding in the U.S.
McGraw is chairman of the National Council on Economic Education; co-chair of Carnegie Hall
's Corporate Leadership Committee and member of its Board of Trustees; member of the boards of the New York Public Library
, National Organization on Disability, National Academy Foundation, Partnership for New York City
, National Actors Theater and Prep for Prep
.
President
A president is a leader of an organization, company, trade union, university, or country.Etymologically, a president is one who presides, who sits in leadership...
and chief executive officer
Chief executive officer
A chief executive officer , managing director , Executive Director for non-profit organizations, or chief executive is the highest-ranking corporate officer or administrator in charge of total management of an organization...
(CEO) of McGraw-Hill
McGraw-Hill
The McGraw-Hill Companies, Inc., is a publicly traded corporation headquartered in Rockefeller Center in New York City. Its primary areas of business are financial, education, publishing, broadcasting, and business services...
Companies and chairman of the Business Roundtable
Business Roundtable
The Business Roundtable is a politically conservative group of chief executive officers of major U.S. corporations formed to promote pro-business public policy.-History:...
, an association of CEOs of American companies.
At McGraw-Hill
McGraw was elected president and chief operating officer of McGraw-Hill in 1993; CEO in 1998; and chairman in December 1999. He has been a member of the corporation's board of directors since 1987.As CEO, he led the consolidation of 15 diverse units into three business segments, each a market leader.
McGraw joined The McGraw-Hill Companies in 1980 and was vice president, Corporate Planning; publisher, Aviation Week & Space Technology; president, McGraw-Hill Publications Company; and president, McGraw-Hill Financial Services Company. While CEO of McGraw-Hill in 2009, McGraw earned a total compensation of $5,905,317, which included a base salary of $1,390,500, a cash bonus of $1,261,000, stock granted of $924,060, options granted of $1,854,583, and other compensation of $475,174.
In 1999, McGraw and his father Harold McGraw, Jr.
Harold McGraw, Jr.
Harold Whittlesey McGraw, Jr. was chief executive officer of Mcgraw-Hill from 1975 to 1983. He was the grandson of McGraw-Hill’s co-founder James H. McGraw. His son is current CEO Harold McGraw III. Harold McGraw, Jr. was a captain in the Army Air Corps during World War II. He joined McGraw-Hill...
accepted the Honor Award
Honor Award
The National Building Museum promotes excellence in architecture, engineering, construction, planning, and design. In furtherance of that mission, the Museum instituted an annual Honor Award in 1986 to recognize individuals and organizations that have made important contributions to the U.S.'s...
from the National Building Museum
National Building Museum
The National Builders Museum, in Washington, D.C., United States, is a museum of "architecture, design, engineering, construction, and urban planning"...
on behalf of the McGraw-Hill Companies, which were recognized for their contributions to the U.S.'s built environment.
Life and career outside McGraw-Hill
McGraw attended Salisbury School for his high school years. McGraw received an M.B.A. from the Wharton School at the University of PennsylvaniaUniversity of Pennsylvania
The University of Pennsylvania is a private, Ivy League university located in Philadelphia, Pennsylvania, United States. Penn is the fourth-oldest institution of higher education in the United States,Penn is the fourth-oldest using the founding dates claimed by each institution...
in 1976 and a B.A. from Tufts University
Tufts University
Tufts University is a private research university located in Medford/Somerville, near Boston, Massachusetts. It is organized into ten schools, including two undergraduate programs and eight graduate divisions, on four campuses in Massachusetts and on the eastern border of France...
in 1972. He lives in Darien, Connecticut
Darien, Connecticut
Darien is a town in Fairfield County, Connecticut, United States. A relatively small community on Connecticut's "Gold Coast", the population was 20,732 at the 2010 census. Darien was listed at #9 at CNN Money's list of "top-earning towns" in the United States as of 2011...
.
On the Business Round table
McGraw was chairman of the group's International Trade & Investment Task Force from October 2003 through 2006. In that post, he led the task force's efforts to work with CEO groups in other countries and to support free trade agreements.The group makes up more than a third of the total value of the U.S. stock market, 60 percent of total corporate philanthropic donations in the country and almost half of all private research and development funding in the U.S.
Work in other organizations
He is a member of the board of directors of United Technologies and of ConocoPhillips; chairman of the Emergency Committee for American Trade (ECAT); and a member of the Business Council. In the past he served as a member of President George W. Bush's Transition Advisory Committee on Trade.McGraw is chairman of the National Council on Economic Education; co-chair of Carnegie Hall
Carnegie Hall
Carnegie Hall is a concert venue in Midtown Manhattan in New York City, United States, located at 881 Seventh Avenue, occupying the east stretch of Seventh Avenue between West 56th Street and West 57th Street, two blocks south of Central Park....
's Corporate Leadership Committee and member of its Board of Trustees; member of the boards of the New York Public Library
New York Public Library
The New York Public Library is the largest public library in North America and is one of the United States' most significant research libraries...
, National Organization on Disability, National Academy Foundation, Partnership for New York City
Partnership for New York City
Partnership for New York City is an American investment fund whose president and CEO is Kathy Wylde. Nine of its board members are billionaires including Rupert Murdoch....
, National Actors Theater and Prep for Prep
Prep for prep
Prep for Prep is a leadership development and gifted education program founded in 1978 by Gary Simons, a public-school teacher in the Bronx. It is targeted toward high achieving students of color in New York State public, charter and parochial schools....
.