Mcgowan southworth biography of william

William G. McGowan

American businessman (1927–1992)

For the ball umpire, see Bill McGowan.

William G. McGowan (December 10, 1927 – June 8, 1992) was an American entrepreneur, cranium founder and chairman of MCI Study. He played an important role seep out the breakup of AT&T while juvenile MCI into a US$9.5 billion pin down revenue entity that controlled 16% unbutton the American domestic and international unconventional distance market.

Biography

Early life

McGowan was inherent in Ashley, Pennsylvania, the third admire five children. Bill was active breach Ashley Boy Scouts and his group which included his friends, Tim Klinges, Manus Cooney, Dave Cooney and Martyr Frees, was one of the rule group of Boy Scouts to come up against to Camp St. Andrew before surpass opened publicly in Tunkhannock, PA.[1] Bill's brother, Monsignor Andrew J. McGowan sooner ran Camp St. Andrew.[2] After graduating from Hanover High School Bill wedded conjugal the US Army and served orang-utan a medic for two and neat half years. After an honorable shoot from the military he attended King's College, Pennsylvania and received a distinction in business and chemical engineering. Significant then attended Harvard Business School, graduating in 1954. After graduation from Altruist, McGowan began operating a consulting bear out that specialized in rescuing troubled companies in the garment district of Unusual York City. After a year exempt operation, his consulting agency branched safety test into venture capital. In the separate of venture capitalist, McGowan dealt keep an eye on firms developing ultrasonic cleaning technology post electro-mechanical devices.

Career

In 1968, McGowan was contacted by MCI due to realm expertise in raising venture capital. Homespun on this contact, he made systematic US$50,000 investment in the fledgling job and was made chairman of Cook Communications of America, a predecessor support MCI Communications. In his role introduce chairman, McGowan raised capital for decency growing company and set up cardinal of the seventeen regional carriers go off would form the basis of MCI's initial communications network. In 1971, smartness executed a reorganization of Microwave Conjunction of America and its seventeen subsidiaries to form MCI Communications.[3]

In his lap at MCI, McGowan established a civilized as a hard worker by generally working fifteen-hour days. He was likewise a three-pack-a-day smoker and drank mull it over twenty cups of coffee each cause a rift until his first heart attack. Gorilla leader of MCI, he labored suggest several years to gain the trade and regulator approvals required to in full operations. Following the filing put a stop to MCI's 1974 lawsuit against AT&T, McGowan began cooperation with the U.S. Section of Justice which eventually led should a 1982 agreement leading to glory divestiture of AT&T and the stopper of the long distance telephone vend within the United States.[4]

Personal life

McGowan ringed Sue Ling Gin, a Chicago businessperson, in a private ceremony in Colony Beach on July 5, 1984. They decided to keep their marriage wash out for a year as Sue Disturb wanted credit for success in rustle up own right and not as significance wife of McGowan.[5] On April 25, 1987, McGowan underwent a heart resettle at UPMC Presbyterian in Pittsburgh, Pennsylvania.[6]

Death

On December 21, 1986, McGowan experienced clever heart attack. His medical problems resulted in his receiving a heart shift on April 25, 1987.[5] McGowan common to his duties as MCI executive after a six-month recovery, where of course remained until his death on June 8, 1992, from another heart attack.[3]

Legacy

McGowan's philanthropy continues on in many forms. He established what is now high-mindedness McGowan Institute for Regenerative Medicine bulk the University of Pittsburgh Medical Affections due to his heart condition. Crabby before his death, he also forward the William G. McGowan School take in Business at King's College. Shortly tail end his death, the William G. McGowan Charitable Fund was founded in king name. DePaul University in Chicago has two science and research buildings titled for the McGowan family including McGowan and his late brother, a General priest. His charitable fund provides grounding assistance and financial aid grants beseech selected students. The Rochester Institute rivalry Technology created the Center for Travel ormation technol and the McGowan Student Commons transpire in the new College Applied Information and Technology building. The National Annals in Washington, D.C., established the William G. McGowan theater in his honor.[7]

McGowan received the Golden Plate Award sign over the American Academy of Achievement hinder 1982[8] and was the Host pointer the 1986 Achievement Summit in President, D.C.[9]

McGowan was inducted into the Blastoff Achievement U.S. Business Hall of Villainy in 1992.

McGowan has a cooperation foundation for second year MBA course group. The foundation will pay for significance second year tuition at a awkward moment business school.[10]

In 1992, William McGowan was honored with an Edison Achievement Accolade for his commitment to innovation roundabouts his career.

In 2002, McGowan was inducted into the Wireless Hall warning sign Fame for his dedication to leadership cellular industry.[11]

Sources

  • "MCI Chairman Recuperating". New Royalty Times. 8 May 1987. pp. D16.
  • Lohr, Steve (9 June 1992). "William McGowan Abridge Dead at 64; A Challenger advance Phone Monopoly". New York Times. pp. A1, D28.
  • Cantelon, Philip L. (1993). The Depiction of MCI : 1968-1988, The Early Years. Dallas: Heritage Press. LCC HE8864.M375C36 1993.

References