Donald Keough

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Donald Keough
Donald Keough.png
Born (1926-09-04)September 4, 1926
Maurice, Iowa
Died February 24, 2015(2015-02-24) (aged 88)
Nationality American
Alma mater Creighton University
Known for chief operating officer and a director of The Coca-Cola Company
Awards Presidential Distinguished Service Award

Donald R. Keough (September 4, 1926 – February 24, 2015) was an Irish-American businessman and was the Chairman of the Board of Allen & Company Incorporated,[1][2] a New York investment-banking firm. He was elected to that position in April 1993.

Keough retired as president, chief operating officer and a director of The Coca-Cola Company in April 1993, positions he held since early 1981. His tenure with the company began in 1950. In addition, from 1986 to 1993 he served as chairman of the Board of Coca-Cola Enterprises, Inc., the world’s largest bottling system. From 1985 to 1989 he also served as chairman of Columbia Pictures, Inc., before it was acquired by Sony, Inc.

Keough was on the Boards of IAC/InterActiveCorp, Yankee Global Enterprises LLC, Berkshire Hathaway and The Coca-Cola Company, to which he was elected in February 2004. In addition, he served for many years as a member of the Boards of McDonald’s Corporation, The Washington Post Company, H. J. Heinz Company, Convera Corporation and The Home Depot.

He was chairman emeritus of the Board of Trustees and a Life Trustee of the University of Notre Dame. He was a trustee of several other educational, charitable and civic organizations.

Life[edit]

Keough was born in Maurice, Iowa.[3] He received various honors, including honorary doctorates from the University of Notre Dame, his alma mater Creighton University, Emory University, Trinity College in Dublin, Ireland and Clark University. The University of Notre Dame’s highest honor, the Laetare Medal, was presented to Keough in May 1993, and he was Irish America magazine's first Irish-American of the Year, also in 1993.[4] Keough was elected a Fellow of the American Academy of Arts & Sciences in 2002 and was inducted into the Junior Achievement National Business Hall of Fame in 2003. In 2007 he was presented with honorary citizenship by the president of Ireland, Mary McAleese. In 2008, his book - The Ten Commandments for Business Failure - was published with a foreword by his friend Warren Buffett. In November 2010, he was the first honoree inducted into the Irish America Hall of Fame.[5] In March 2013, he received the Presidential Distinguished Service Award (honouring members of the Irish diaspora) from Michael D Higgins, President of Ireland. Keough Hall at the University of Notre Dame is named after his wife of 65 years Marilyn Keough, who survives him. Keough died in Atlanta, Georgia at the age of 88 on February 24, 2015.[6]

References[edit]

  1. ^ Coca-Cola - Our Company - Leadership - Donald R. Keough
  2. ^ Donald Keough Profile - Forbes.com
  3. ^ http://www.nytimes.com/2015/02/25/business/donald-r-keough-who-led-coca-cola-through-new-coke-debacle-dies-at-88.html?_r=0
  4. ^ "The Corporate Chieftain" (PDF). Irish America magazine. January 2011. pp. 28–38. Retrieved 2010-12-01. 
  5. ^ O'Dowd, Niall; Whelan, Kevin. "The Corporate Chieftain", Irish America magazine, November 29, 2010. Accessed March 22, 2011. "The rise of the Keough family from the prairies to the pinnacle of Wall Street is the story of Irish America in microcosm."
  6. ^ http://www.ajc.com/news/business/former-coke-president-don-keough-dies/nkHn5/

Further reading[edit]

  • Mitchell, Cynthia Mitchell (1993-04-18). "Coca-Cola 's real thing packs it in - Front man, ambassador Donald Keough retires". Dallas Morning News. p. 1H. 

External links[edit]

Preceded by
Roberto Goizueta
President of
The Coca-Cola Company
Succeeded by
Douglas Ivester and John Hunter