Henry Schacht (born October 16, 1934) is an American businessman, a former chairman and

chief executive officer A chief executive officer (CEO), also known as a chief executive or managing director, is the top-ranking corporate officer charged with the management of an organization, usually a company or a nonprofit organization. CEOs find roles in variou ...

Cummins Cummins Inc. is an American multinational corporation, multinational corporation that designs, manufactures, and distributes engines, electric vehicle components, and power generation products. Cummins also services engines and related equipmen ...

Diesel (1973–1994), and later CEO of

Lucent Technologies Lucent Technologies, Inc. was an American Multinational corporation, multinational telecommunications equipment company headquartered in Murray Hill, New Jersey, Murray Hill, New Jersey. It was established on September 30, 1996, through the div ...

. Previously he was on the boards of CBS, Chase Manhattan, and

Alcoa Alcoa Corporation (an acronym for "Aluminum Company of America") is an American industrial corporation. It is the world's eighth-largest producer of aluminum. Alcoa conducts operations in 10 countries. Alcoa is a major producer of primary alu ...

. He assumed the Lucent CEO role in a transitory capacity upon Lucent's spinoff from

AT&T Corporation AT&T Corporation, an abbreviation for its former name, the American Telephone and Telegraph Company, was an American telecommunications company that provided voice, video, data, and Internet telecommunications and professional services to busi ...

, and served from 1995 to 1997. Mr. Schacht was brought back in 2001 to replace Richard McGinn, who had served as Lucent's CEO during the intervening years. He is currently the managing director and senior advisor of the

private equity Private equity (PE) is stock in a private company that does not offer stock to the general public; instead it is offered to specialized investment funds and limited partnerships that take an active role in the management and structuring of the co ...

firm Warburg Pincus LLC New York. Schacht was a member of both the

American Philosophical Society The American Philosophical Society (APS) is an American scholarly organization and learned society founded in 1743 in Philadelphia that promotes knowledge in the humanities and natural sciences through research, professional meetings, publicat ...

and the

American Academy of Arts and Sciences The American Academy of Arts and Sciences (The Academy) 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 other ...

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References

Harvard Business School alumni Living people 1930s births American chairpersons of corporations Members of the American Philosophical Society Warburg Pincus people Year of birth missing (living people) {{US-CEO-stub