Ron Daniel (businessman)
Encyclopedia
D. Ronald "Ron" Daniel was a longtime top senior partner and director at management consultancy McKinsey & Company
, serving as managing director (chief executive) from 1976 to 1988. He graduated from Wesleyan University
with a B.A. in mathematics and received an M.B.A. from Harvard Business School
.
corps in the 1950s, where he worked with early IBM mainframes. He joined McKinsey & Company, Inc.
in 1957 and was a senior partner from 1968 to 1990. He served as managing director for twelve years (1976-1988) — preceding Fred Gluck — and is currently senior partner emeritus of the firm.
At McKinsey Daniel developed the concept of critical success factors. He hired and mentored future managing director Rajat Gupta
. He was Jeffrey Skilling
's former boss before Skilling became CEO of Enron
.
He describes himself as "the bridge between McKinsey's founding generation and the present."
Outside McKinsey he was a director of Yum! Brands and chairman of New York-based private equity firm Ripplewood Holdings.
. He served for many years as treasurer of the university. Daniel was also a member of the Harvard Corporation, the institution's ultimate governing body, and chairman of the board of the Harvard Medical School
. He was also chairman of the Harvard Management Company
, which oversees over $20 billion in assets and endowments.
Daniel also holds an Honorary Doctor of Humane Letters degree from Wesleyan and is chairman emeritus of the school's board of trustees. He is a member of the board of Thirteen/WNET (New York's public broadcasting station). He is also a member of the board of the Brookings Institution
, and a trustee of Rockefeller University
. He is a member of the American Academy of Arts and Sciences
and the Council on Foreign Relations
.
McKinsey & Company
McKinsey & Company, Inc. is a global management consulting firm that focuses on solving issues of concern to senior management. McKinsey serves as an adviser to many businesses, governments, and institutions...
, serving as managing director (chief executive) from 1976 to 1988. He graduated from Wesleyan University
Wesleyan University
Wesleyan University is a private liberal arts college founded in 1831 and located in Middletown, Connecticut. According to the Carnegie Foundation for the Advancement of Teaching, Wesleyan is the only Baccalaureate College in the nation that emphasizes undergraduate instruction in the arts and...
with a B.A. in mathematics and received an M.B.A. from Harvard Business School
Harvard Business School
Harvard Business School is the graduate business school of Harvard University in Boston, Massachusetts, United States and is widely recognized as one of the top business schools in the world. The school offers the world's largest full-time MBA program, doctoral programs, and many executive...
.
Career
Daniel was an officer of the U.S. Navy SupplyNavy Supply Corps (United States)
The Supply Corps of the United States Navy traces its beginnings to February 23, 1795 when the nation's first Purveyor of Public Supplies, Tench Francis, Jr., was appointed by President George Washington. The Supply Corps is one of the oldest staff corps in the U.S. Navy. Supply Corps officers are...
corps in the 1950s, where he worked with early IBM mainframes. He joined McKinsey & Company, Inc.
McKinsey & Company
McKinsey & Company, Inc. is a global management consulting firm that focuses on solving issues of concern to senior management. McKinsey serves as an adviser to many businesses, governments, and institutions...
in 1957 and was a senior partner from 1968 to 1990. He served as managing director for twelve years (1976-1988) — preceding Fred Gluck — and is currently senior partner emeritus of the firm.
At McKinsey Daniel developed the concept of critical success factors. He hired and mentored future managing director Rajat Gupta
Rajat Gupta
Rajat Kumar Gupta was the managing director of management consultancy McKinsey & Company from 1994 to 2003 and a business leader in India and the United States...
. He was Jeffrey Skilling
Jeffrey Skilling
Jeffrey Keith "Jeff" Skilling is the former president of Enron Corporation, headquartered in Houston, Texas. In 2006 he was convicted of multiple federal felony charges relating to Enron's financial collapse, and is currently serving a 24-year, four-month prison sentence at the Federal...
's former boss before Skilling became CEO of Enron
Enron
Enron Corporation was an American energy, commodities, and services company based in Houston, Texas. Before its bankruptcy on December 2, 2001, Enron employed approximately 22,000 staff and was one of the world's leading electricity, natural gas, communications, and pulp and paper companies, with...
.
He describes himself as "the bridge between McKinsey's founding generation and the present."
Outside McKinsey he was a director of Yum! Brands and chairman of New York-based private equity firm Ripplewood Holdings.
Non-profit
Daniel has a longtime affiliation with Harvard UniversityHarvard University
Harvard University is a private Ivy League university located in Cambridge, Massachusetts, United States, established in 1636 by the Massachusetts legislature. Harvard is the oldest institution of higher learning in the United States and the first corporation chartered in the country...
. He served for many years as treasurer of the university. Daniel was also a member of the Harvard Corporation, the institution's ultimate governing body, and chairman of the board of the Harvard Medical School
Harvard Medical School
Harvard Medical School is the graduate medical school of Harvard University. It is located in the Longwood Medical Area of the Mission Hill neighborhood of Boston, Massachusetts....
. He was also chairman of the Harvard Management Company
Harvard Management Company
Harvard Management Company or HMC is an American investment management corporation wholly owned subsidiary of Harvard University, charged with managing the university's endowment, pension assets, working capital, and non-cash gifts...
, which oversees over $20 billion in assets and endowments.
Daniel also holds an Honorary Doctor of Humane Letters degree from Wesleyan and is chairman emeritus of the school's board of trustees. He is a member of the board of Thirteen/WNET (New York's public broadcasting station). He is also a member of the board of the Brookings Institution
Brookings Institution
The Brookings Institution is a nonprofit public policy organization based in Washington, D.C., in the United States. One of Washington's oldest think tanks, Brookings conducts research and education in the social sciences, primarily in economics, metropolitan policy, governance, foreign policy, and...
, and a trustee of Rockefeller University
Rockefeller University
The Rockefeller University is a private university offering postgraduate and postdoctoral education. It has a strong concentration in the biological sciences. It is also known for producing numerous Nobel laureates...
. He is a member of the American Academy of Arts and Sciences
American Academy of Arts and Sciences
The American Academy of Arts and Sciences is an independent policy research center that conducts multidisciplinary studies of complex and emerging problems. The Academy’s elected members are leaders in the academic disciplines, the arts, business, and public affairs.James Bowdoin, John Adams, and...
and the Council on Foreign Relations
Council on Foreign Relations
The Council on Foreign Relations is an American nonprofit nonpartisan membership organization, publisher, and think tank specializing in U.S. foreign policy and international affairs...
.
External links
- Director bio, Infinity Pharmaceuticals, 2003.
- McKinsey alumni page
- Harvard alumni page