The University of Virginia Darden School of Business and the Darden School Foundation today announced that two new members were elected to the Foundation Board of Trustees, effective immediately.
The new trustees, who will serve three-year terms, are: Gary Roughead, retired United States Navy four-star admiral and the Annenberg Distinguished Visiting Fellow at the Hoover Institution at Stanford University, and Darden alumnus Michael O’Neill (MBA ’74), chairman of Citigroup, effective April 2012.
“Gary Roughead and Mike O’Neill are notable, world-class leaders who will bring valuable and unique perspectives to the board, which aims to serve and support the Darden School as a leading business school and the most high-engagement learning experience in the world,” said Peter Kiernan, chairman of the Darden School Foundation Board of Trustees.
Gary Roughead graduated from Valley Forge Military Academy in Wayne, Pennsylvania, and the United States Naval Academy. From September 2007 through September 2011, Admiral Roughead served as the twenty-ninth chief of naval operations after holding six operational commands. He is one of only two officers in the navy’s history to have commanded both the Atlantic and Pacific Fleets. As chief of naval operations, Roughead successfully guided the navy through a challenging period of transition in fiscal, security, and personnel matters. He stabilized and accelerated ship and aircraft procurement plans, accelerated the navy’s capability and capacity in ballistic missile defense and unmanned air and underwater systems, and directed the service’s investigation of climate change and alternative energy. He reestablished the Fourth and Tenth Fleets to better focus on the Western Hemisphere and cyber operations, respectively. He served as the commandant at the United States Naval Academy, during which time he led the strategic planning effort that underpinned that institution’s first capital campaign. Roughead is the recipient of the Defense Distinguished Service Medal, Navy Distinguished Service Medal, Defense Superior Service Medal, Legion of Merit, Meritorious Service Medal, Navy Commendation Medal, Navy Achievement Medal, and various unit and service awards. He has also received awards from several foreign governments.
Michael O’Neill graduated with a Darden MBA in 1974 and started his employment at Continental Illinois National Bank and Trust in Chicago. He moved to First Interstate Capital Markets in 1984 and returned to Continental in 1989 to manage its mergers and acquisitions advisory business. In 1992 he became CFO of Continental. After Continental was acquired by BankAmerica, O’Neill was head of its global equity investments division in 1994 and 1995, and from 1995 to 1999, he was BankAmerica's CFO and vice chairman. From 2000 to 2004, he served as chairman and CEO of Bank of Hawaii and is credited with turning the bank around. He became a member of Citigroup’s board of directors in 2009 and chairman of the bank’s Citibank NA division in September 2011. O’Neill previously served as a trustee of the Hawaii Pacific University, the Honolulu Academy of Arts, the San Francisco Fine Arts Museum and the World Affairs Council of Southern California.
“Gary Roughead and Michael O’Neill are joining a diverse board of trustees with 43 elected members who provide a strong link between Darden’s academic community and the business community,” said Trip Davis, president of the Darden School Foundation and senior associate dean for external relations. “Our foundation’s mission is to serve and support the Darden School as one of the world’s leading business schools. The trustees are inspirational volunteers, providing invaluable governance and guidance.”
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