Donald Keough
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Donald Raymond Keough (September 4, 1926 – February 24, 2015) was an Irish-American businessman and Chairman of the Board of Allen & Company LLC, 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 The Coca-Cola Company is an American multinational beverage corporation founded in 1892, best known as the producer of Coca-Cola. The Coca-Cola Company also manufactures, sells, and markets other non-alcoholic beverage concentrates and syrup ...
in April 1993, positions he had held since early 1981; his tenure with the company began in 1950. 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 Columbia Pictures Industries, Inc. is an American film production studio that is a member of the Sony Pictures Motion Picture Group, a division of Sony Pictures Entertainment, which is one of the Big Five studios and a subsidiary of the mu ...
, Inc., before it was acquired by
Sony , commonly stylized as SONY, is a Japanese multinational conglomerate corporation headquartered in Minato, Tokyo, Japan. As a major technology company, it operates as one of the world's largest manufacturers of consumer and professiona ...
, Inc. Keough is probably best known for his major role in promoting the infamous reformulation of Coca-Cola, " New Coke" in April, 1985. He was largely responsible for convincing Coca-Cola CEO Roberto Goizueta to bring back the original Coca-Cola less than three months later, amidst a firestorm of negative consumer backlash. Keough was on the Boards of
IAC/InterActiveCorp IAC Inc. is an American holding company that owns brands across 100 countries, mostly in media and Internet. The company is incorporated under Delaware General Corporation Law and headquartered in New York City. Joey Levin, who previously led t ...
, Yankee Global Enterprises LLC,
Berkshire Hathaway Berkshire Hathaway Inc. () is an American multinational conglomerate holding company headquartered in Omaha, Nebraska, United States. Its main business and source of capital is insurance, from which it invests the float (the retained premiu ...
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 McDonald's Corporation is an American multinational fast food chain, founded in 1940 as a restaurant operated by Richard and Maurice McDonald, in San Bernardino, California, United States. They rechristened their business as a hamburger s ...
,
The Washington Post Company Graham Holdings Company (formerly The Washington Post Company) is a diversified American conglomerate holding company. Headquartered in Arlington County, Virginia, and incorporated in Delaware, it was formerly the owner of ''The Washington Post ...
,
H. J. Heinz Company The H. J. Heinz Company is an American food processing company headquartered at One PPG Place in Pittsburgh, Pennsylvania. The company was founded by Henry J. Heinz in 1869. Heinz manufactures thousands of food products in plants on six contin ...
, Convera Corporation and
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. He was chairman emeritus of the Board of Trustees and a Life Trustee of the
University of Notre Dame The University of Notre Dame du Lac, known simply as Notre Dame ( ) or ND, is a private Catholic university, Catholic research university in Notre Dame, Indiana, outside the city of South Bend, Indiana, South Bend. French priest Edward Sorin fo ...
. He was also a trustee of several other educational, charitable and civic organizations.


Biography

Keough was born in
Maurice, Iowa Maurice is a city in Sioux County, Iowa, United States, along the West Branch of the Floyd River. The population was 265 at the time of the 2020 census. It is home to the "Famous Maurice Fire Escape Slide" in the town park. History Maurice was ...
. He received various honors, including honorary doctorates from his alma mater
Creighton University Creighton University is a private Jesuit research university in Omaha, Nebraska. Founded by the Society of Jesus in 1878, the university is accredited by the Higher Learning Commission. In 2015 the university enrolled 8,393 graduate and undergra ...
, the University of Notre Dame,
Emory University Emory University is a private research university in Atlanta, Georgia. Founded in 1836 as "Emory College" by the Methodist Episcopal Church and named in honor of Methodist bishop John Emory, Emory is the second-oldest private institution of ...
,
Trinity College Trinity College may refer to: Australia * Trinity Anglican College, an Anglican coeducational primary and secondary school in , New South Wales * Trinity Catholic College, Auburn, a coeducational school in the inner-western suburbs of Sydney, New ...
in Dublin, Ireland and
Clark University Clark University is a private research university in Worcester, Massachusetts. Founded in 1887 with a large endowment from its namesake Jonas Gilman Clark, a prominent businessman, Clark was one of the first modern research universities in the ...
. The University of Notre Dame's highest honor, the
Laetare Medal The Laetare Medal is an annual award given by the University of Notre Dame in recognition of outstanding service to the Catholic Church and society. The award is given to an American Catholic or group of Catholics "whose genius has ennobled the a ...
, was presented to Keough in May 1993, and he was '' Irish America'' magazine's first Irish-American of the Year, also in 1993. Keough was elected a Fellow of the
American Academy of Arts & Sciences The American Academy of Arts and Sciences (abbreviation: AAA&S) is one of the oldest learned societies in the United States. It was founded in 1780 during the American Revolution by John Adams, John Hancock, James Bowdoin, Andrew Oliver, and ...
in 2002 and was inducted into the Junior Achievement National Business Hall of Fame in 2003. In 2007 he was presented with honorary Irish citizenship by the then-
President of Ireland The president of Ireland ( ga, Uachtarán na hÉireann) is the head of state of Ireland and the supreme commander of the Irish Defence Forces. The president holds office for seven years, and can be elected for a maximum of two terms.Constitu ...
,
Mary McAleese Mary Patricia McAleese ( ; ga, Máire Pádraigín Mhic Ghiolla Íosa; ; born 27 June 1951) is an Irish activist lawyer and former politician who served as the eighth president of Ireland from November 1997 to November 2011. She is an academic ...
. In November 2010, he was the first honoree inducted into the Irish America Hall of Fame. In March 2013, he received the Presidential Distinguished Service Award (honoring 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 survived him. Keough died in Atlanta, Georgia at the age of 88 on February 24, 2015. Marilyn died in October 2016.


Bibliography

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References


External links


USA Today interview with Don Keough
{{DEFAULTSORT:Keough, Donald Clark University alumni Directors of The Coca-Cola Company 2015 deaths 1926 births University of Notre Dame people Coca-Cola people American people of Irish descent Laetare Medal recipients