Donald C. Clark Sr.

Donald C. Clark Sr.
Born	Donald Cameron Clark August 9, 1931 (1931-08-09) (age 80) Brooklyn, New York City, New York, U.S.
Education	Clarkson University Kellogg Graduate School of Management
Known for	Finance, Business, Philanthropy

Career

Donald C. Clark served as the Chief Executive Officer of Household International from 1982 until September 1994. Clark joined Household International in 1955, directly out of the United States Army, and held numerous executive positions before serving as President of Household International from 1977 to 1988. He has served and still serves as a board member for many Fortune 500 corporations, not-for-profit organizations, academic institutions, and private investment groups. Some of his titles include: Chairman of the Board of Trustees of Clarkson University, Director of AT&T Teleholdings, Life Director of Evanston Northwestern Healthcare, Life Trustee of Northwestern University, Director at Evanston Hospital, Director of The Chicago Council on Foreign Relations, Director of Ripplewood Holdings, Director of The Lyric Opera of Chicago, Chairman of Household International, Chairman of Scotsman Industries, Chairman of National Car Rental, Director of Warner Lambert, Director of Procter & Gamble, Director of Ameritech Corporation, Director of Armstrong World Industries, and Director of PMI Group.

In 1985, during his tenure at Household International, Clark led one of the first major implementations of the poison pill strategy, leading to the first court cases to examine the legal merits of this strategy.^[1][2]

Education

Clark received a degree in Business Administration from Clarkson University and an M.B.A. degree from Kellogg Graduate School of Management at Northwestern University. After graduating from the Executive MBA program at Kellogg, they quickly invited Clark back to teach courses in Finance and Corporate Strategy.

Awards

• Citizen of the Year by the Gateway Foundation (1991)
• National Humanitarian Award from the National Conference of Christians and Jews (1991)

References

1. ^ Hiltzik, Michael A. (14 April 1985). "'Poison Pill' Defense Faces Key Challenge in Delaware Court". Los Angeles Times. http://articles.latimes.com/1985-04-14/business/fi-8367_1_poison-pill/2. 
2. ^ Moran et al v Household International et al

Further reading

• Stavro, Barry (September 9, 1985). "A House Undivided: Household International Fought Off a Takeover, Thanks to CEO Donald Clark". Forbes: 36. 
• Byrne, Harlan S. (July 22, 1991). "Household International: Its Strategy in the Downturn Promises an Early Payoff". Barron's: 53–54. 
• Ellis, Gilbert R. (1979). Household Finance Corporation: A Story of Success under the Free Enterprise System. New York: Newcomen Society in North America. 
• Elstrom, Peter J. W. (September 21, 1992). "Big Credit Drive at Household Int'l". Crain's Chicago Business: 1, 49. 
• Healy, Beth (April 10, 1995). "A Household Name Returns to Finance". Crain's Chicago Business: 3, 68. 
• Weiner, Steve (August 10, 1987). "Happy Ending". Forbes: 73. 
• "Exectuive Profile: Donald C. Clark Sr.". Business Week. http://investing.businessweek.com/businessweek/research/stocks/private/person.asp?personId=667207&privcapId=1027499&previousCapId=33328&previousTitle=Procter%20&%20Gamble%20Co. Retrieved 15 June 2011. 

External links

• Poison Pill Primer published by the Kellogg School of Management
• Key, Janet (4 December 1985). "Dissident Group May Again Seek Control Of Household". Chicago Tribune. http://articles.chicagotribune.com/1985-12-04/business/8503230898_1_household-international-household-stockholders-poison-pill. 
• Cole, Brett (2008). M&A titans: the pioneers who shaped Wall Street's mergers and acquisitions industry. John Wiley & Sons. p. 155. ISBN 9780470126899. http://books.google.com/books?id=Ok0FBtEQdCwC&pg=PA155&lpg=PA155&dq=donald+clark,+poison+pill&source=bl&ots=lTDMlrum4y&sig=MtXILUDs0ub15dpR-DeeOaiS5z4&hl=en&ei=_Y_3TcqMKYf40gG25qzLCw&sa=X&oi=book_result&ct=result&resnum=2&ved=0CCMQ6AEwAQ#v=onepage&q&f=false. 
• Salzburg, Mark W. (2006). 2006 Background Report: Poison Pills (Report). Institutional Shareholder Services. http://va.issproxy.com/resourcecenter/publications/Background_Reports/2006/PP.pdf. Retrieved 15 June 2011. 

Persondata
Name	Clark, Donald C., Sr.
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Short description
Date of birth	1931-08-09
Place of birth	Brooklyn, New York City, New York, U.S.
Date of death
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