Richard David McCormick (born July 4, 1940) is an
American
American(s) may refer to:
* American, something of, from, or related to the United States of America, commonly known as the " United States" or "America"
** Americans, citizens and nationals of the United States of America
** American ancestry, ...
business executive.
Biography
McCormick served as CEO of US West from 1990 to 1998.
[Richard D. McCormick, director since 1983](_blank)
Wells Fargo website, Retrieved November 15, 2010. He was also a director of
Wells Fargo & Company
Wells Fargo & Company is an American multinational financial services company with corporate headquarters in San Francisco, California; operational headquarters in Manhattan; and managerial offices throughout the United States and inter ...
(1983-2010) and an honorary chairman of the
International Chamber of Commerce
The International Chamber of Commerce (ICC; French: ''Chambre de commerce internationale'') is the largest, most representative business organization
A business entity is an entity that is formed and administered as per corporate law in order ...
(ICC).
McCormick was born in
Fort Dodge, Iowa
Fort Dodge is a city in, and the county seat of, Webster County, Iowa, United States, along the Des Moines River. The population was 24,871 in the 2020 census, a decrease from 25,136 in 2000. Fort Dodge is a major commercial center for North C ...
, the son of Elmo Eugene McCormick and Virgilla (Lawler) McCormick. He received his BS degree in electrical engineering from
Iowa State University
Iowa State University of Science and Technology (Iowa State University, Iowa State, or ISU) is a public land-grant research university in Ames, Iowa. Founded in 1858 as the Iowa Agricultural College and Model Farm, Iowa State became one of the ...
in 1961. During his time as an undergraduate he was a member of the
Phi Gamma Delta
Phi Gamma Delta (), commonly known as Fiji, is a social fraternity with more than 144 active chapters and 10 colonies across the United States and Canada. It was founded at Jefferson College, Pennsylvania, in 1848. Along with Phi Kappa Psi, Ph ...
fraternity. Post graduation he went to work for
AT&T
AT&T Inc. is an American multinational telecommunications holding company headquartered at Whitacre Tower in Downtown Dallas, Texas. It is the world's largest telecommunications company by revenue and the third largest provider of mobile tel ...
as an engineer in
Kansas City, Missouri.
On June 29, 1963, he married Mary Patricia Smola, and had four children.
He moved to
Northwestern Bell
Northwestern Bell Telephone Company served the states of the upper Midwest opposite the Southwestern Bell area, including Iowa, Minnesota, South Dakota, North Dakota, and Nebraska.
History
Early beginnings
It has never been definitively esta ...
in 1969, rising to the presidency of the
Omaha-based company in 1982. A year after the divestiture of the
Bell System, he went to
Denver
Denver () is a consolidated city and county, the capital, and most populous city of the U.S. state of Colorado. Its population was 715,522 at the 2020 census, a 19.22% increase since 2010. It is the 19th-most populous city in the United ...
in 1985 as executive vice president of
US West
US West, Inc. (stylized as US WEST) was one of seven Regional Bell Operating Companies (RBOCs, also referred to as "Baby Bells"), created in 1983 under the Modification of Final Judgement (''United States v. Western Electric Co., Inc.'' 552 ...
, Inc., the new regional Bell operating company.
McCormick was elected president and chief operating officer in 1986, chief executive officer in 1990, and chairman in 1992 (replacing Jack A. MacAllister in both instances).
[Bryant, Adam. (4 April 1992]
President of U S West to Become Chairman
''The New York Times
''The New York Times'' (''the Times'', ''NYT'', or the Gray Lady) is a daily newspaper based in New York City with a worldwide readership reported in 2020 to comprise a declining 840,000 paid print subscribers, and a growing 6 million paid ...
'', Retrieved November 15, 2010
In 1995 McCormick was named chairman of the
United States Council for International Business The United States Council for International Business (USCIB) is an independent business advocacy group that was founded in 1945 to promote free trade and help represent U.S. business in the then-new United Nations. One of its primary goals is expa ...
, the US affiliate of the International Chamber of Commerce. He stepped down as chairman and was named vice chairman in February 2001. Elected chairman of the International Chamber of Commerce in 2001, he retired in 2003 and was given the emeritus title of honorary chairman.
Richard D. McCormick bio
USCIB webpage, n.d. Retrieved December 15, 2011.
Having been elected a director of Norwest Bank
Norwest Corporation was a banking and financial services company based in Minneapolis, Minnesota, United States. In 1998, it merged with Wells Fargo & Co. and since that time has operated under the Wells Fargo name.
History Early formation
Th ...
in 1983, upon the merger with Wells Fargo & Company
Wells Fargo & Company is an American multinational financial services company with corporate headquarters in San Francisco, California; operational headquarters in Manhattan; and managerial offices throughout the United States and inter ...
in 1998 he became a director of Wells Fargo. McCormick retired as CEO of US West in 1998 and as chairman of the board of directors in 1999. Solomon J. Trujillo replaced him as chairman.[(12 May 1999]
U S West Elects New Chairman
''The New York Times
''The New York Times'' (''the Times'', ''NYT'', or the Gray Lady) is a daily newspaper based in New York City with a worldwide readership reported in 2020 to comprise a declining 840,000 paid print subscribers, and a growing 6 million paid ...
'', Retrieved November 15, 2010 In January, 1999 McCormick was appointed vice president of International Chamber of Commerce (ICC) and in January, 2001 he became the president of the body.
In the past McCormick served on the boards of Nortel Networks Corporation
Nortel Networks Corporation (Nortel), formerly Northern Telecom Limited, was a Canadian multinational telecommunications and data networking equipment manufacturer headquartered in Ottawa, Ontario, Canada. It was founded in Montreal, Quebec, i ...
, United Technologies Corporation
United Technologies Corporation (UTC) was an American multinational conglomerate headquartered in Farmington, Connecticut. It researched, developed, and manufactured products in numerous areas, including aircraft engines, aerospace system ...
, Health Trio, UAL Corporation
UAL Corporation is the former name of United Airlines Holdings, an airline holding company, incorporated in Delaware with headquarters in Chicago, Illinois. UAL held a 100 percent controlling interest in United Airlines, Inc., one of the worl ...
, Wells Fargo & Company
Wells Fargo & Company is an American multinational financial services company with corporate headquarters in San Francisco, California; operational headquarters in Manhattan; and managerial offices throughout the United States and inter ...
, and Unocal
Union Oil Company of California, and its holding company Unocal Corporation, together known as Unocal was a major petroleum explorer and marketer in the late 19th century, through the 20th century, and into the early 21st century. It was headqu ...
, and as a trustee for the Denver Art Museum.
Active in Republican politics, he has been a member of George W. Bush
George Walker Bush (born July 6, 1946) is an American politician who served as the 43rd president of the United States from 2001 to 2009. A member of the Republican Party, Bush family, and son of the 41st president George H. W. Bush, he ...
for President, Bush-Cheney 2004, John McCain 2008, and the Freedom and Free Enterprise Political Action Committee.
References
{{DEFAULTSORT:McCormick, Richard D.
1940 births
Living people
People from Fort Dodge, Iowa
Businesspeople from Denver
Wells Fargo
Iowa State University alumni
American telecommunications industry businesspeople
Colorado Republicans
Directors of Nortel
American corporate directors
American chief operating officers
American chief executives