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Systemic Resolution Advisory Committee Member Biographies
Systemic Resolution Advisory Committee Member Biography William H. Donaldson
William H. Donaldson has spent more than 40 years at the highest levels of business, government and academia. Until June 30, 2005, he served as the 27th Chairman of the Securities and Exchange Commission. His tenure marked the greatest period of activity of the Agency since its founding in 1934.
Prior to heading the SEC, Mr. Donaldson was Chairman, President and Chief Executive Officer of Aetna, Inc. one of the nation's largest providers of health insurance and related benefits, and before that he served as Chairman and Chief Executive of the New York Stock Exchange. Earlier in his career, he was the Co-Founder, Chairman and Chief Executive Officer of the investment banking firm of Donaldson, Lufkin & Jenrette (DLJ) and helped found its wholly owned subsidiary the Alliance Capital Management Corporation.
He left DLJ in 1973 to accept a Presidential appointment as United States Undersecretary of State under Secretary Henry Kissinger and subsequently served as counsel to the then Vice President of the United States, Nelson Rockefeller. Following that, he was the Founding Dean and William S. Beinecke Professor of Management at the Yale University School of Management.
Mr. Donaldson has been a director of 14 publicly held corporations and a number of privately held businesses. He has served as Chairman of the Carnegie Endowment for International Peace and on the boards of numerous philanthropic, arts and educational institutions, among them The Ford Foundation, Lincoln Center for the Performing Arts and Yale University. He has received a number of honorary degrees and awards.