William H. Donaldson

William Henry Donaldson (June 2, 1931 – June 12, 2024) was an American businessman who was the 27th Chairman of the U.S. Securities and Exchange Commission (SEC), serving from February 2003 to June 2005. He served as Under Secretary of State for International Security Affairs in the Nixon Administration, as a special adviser to Vice President Nelson Rockefeller, chairman and CEO of the New York Stock Exchange, and chairman, President and CEO of Aetna. Donaldson founded Donaldson, Lufkin & Jenrette.

Early life and education Donaldson attended both Yale University (B.A. 1953) and Harvard University (M.B.A. 1958). While he was a senior at Yale, he joined its Skull and Bones secret society.

He served in the United States Marine Corps as a first lieutenant in Japan and Korea (1953–55), as a rifle platoon commander and later as aide-de-camp to the Commanding General of the 1st Provisional Marine Air Ground Task Force.

Career

Donaldson began his career at G. H. Walker & Co., a banking and brokerage firm.

Donaldson returned to Yale and founded the Yale School of Management, where he served as dean and professor of management studies. According to Lee Tom Perry, a former Brigham Young University professor of strategy and organizational behavior, Donaldson had a vision of Yale's management program forming students who could easily and seamlessly flow between public and private management roles. The first graduating class almost all took positions in business, with almost none taking jobs with government.

Donaldson was a chartered financial analyst (CFA) charter holder, where he received a number of honorary degrees,

Personal life and death William Donaldson was married to Jane Phillips Donaldson and together they had 3 children. He died on June 12, 2024, at the age of 93.