Fuqua board under new leadership

A CEO of a Fortune 500 company assumed the role of chairman of Fuqua’s Board of Visitors at the board’s first meeting of the academic year this weekend.

Bob McDonald, CEO, chairman of the board and president of Procter & Gamble, Co. is now the chairman of the board for the Fuqua School of Business. Ron Nicol, senior partner and managing director of global practices for Boston Consulting Group and Fuqua ’86, officially assumed the position as the board’s vice chair.

McDonald and Nicol assumed their positions in time to lead the board’s biannual meeting Nov. 4-5.

“I am proud and excited to be the new chair of the Fuqua School of Business’ Board of Visitors,” McDonald said in a news release Friday. “Fuqua’s vision to globalize is exciting and will certainly have a positive, meaningful impact on students’ lives all over the world. I am humbled and glad to have the opportunity to contribute to this transformation at such an important time.”

Although McDonald did not attend the University, he has been actively involved with Fuqua and has been a member of the board since 2005. In 2010, he spoke to students in Fuqua’s Distinguished Speaker Series and has regularly participated in Fuqua’s Center on Leadership and Ethics’ annual Coach K Leadership Conference. He has also participated in many of Fuqua’s marketing conferences.

Nicol has been a member of the board since 2008.

Fuqua Dean William Boulding said he is excited for McDonald’s and Nicol’s leadership.

“More so than at any time in history, business is the point of connection for global engagement,” Boulding said in the release. “Business schools have an incredible opportunity and responsibility to prepare global leaders of consequence. If we manage that engagement well, we can make the world a better, safer and more secure place. This is a tremendous responsibility and opportunity, and I am grateful that we have the support of a dynamic board led by Bob McDonald and Ron Nicol to guide us.”