Ron Nicol

Last updated
Ron L. Nicol
Ron Nicol Profile.jpg
Born
Ronald L. Nicol

(1953-06-30)June 30, 1953
Frostburg, Maryland
Education United States Naval Academy
Fuqua School of Business, Duke University
OccupationManagement consultant
Employer(s) Babcock & Wilcox
Boston Consulting Group
SpouseLiane
Children2
Military Service – U.S. Submarine Naval Officer
Service / branchFlag of the United States Navy (official).svg  United States Navy
Years of service1975–1982 (Active Duty), 1982–1995 (Reserves)
RankLieutenant Commander
Awards
  • Navy Achievement Medal awarded by Secretary of Navy
  • Commendation from Commander, Submarine Squadron Sixteen [1]

Ronald L. Nicol (born June 30, 1953) [2] is an American business executive, management consultant, and former submarine naval officer. Between 1987 and 2019, he was employed by Boston Consulting Group, most recently the global leader of the firms technology, media, and communications practice. In 2016, he was the director of the agency action team in President-elect Donald J. Trump's administration transition.

Contents

Early life and education

Nicol grew up in Maryland [3] and attended Beall High School in Frostburg, Maryland. [4] He received his BS in physics from the United States Naval Academy. Nicol was on active duty for seven years, teaching nuclear engineering and serving aboard a ballistic missile submarine. He attended Duke University's Fuqua School of Business with financial assistance from his employer and the G.I. Bill, graduating with an MBA in 1986. [4] [3] He later served in the Naval Reserve and attained the rank of lieutenant commander. [3]

United States Naval Academy career and naval career

Nicol graduated from the United States Naval Academy in 1975 with honors. He ranked #7 in the class with a 3.88/4.00 (GPA) in physics. He was a recipient of the Congressional Medal of Honor Society Prize for outstanding academic work at the academy. After graduation, he conducted research in plasma physics at the United States Naval Research Laboratory.

Nicol was assigned to the USS Mariano G. Vallejo (SSBN-658) following nuclear power school. While on board he was qualified as officer of the deck (OOD), engineering officer of the watch (EOOW), engineering duty officer (EDO), and command duty officer. His final assignment was as main propulsion assistant (MPA) on the submarine. He successfully completed the Chief Engineers Exam and was so designated by Naval Reactors.

Nicol was detailed to the Nuclear Power School where he served as an instructor. Nicol departed active duty in 1982 and then remained in the Naval Reserves, assigned to COMSUBLANT. Nicol entered retired Reserve status in 1995.

Nicol was named a 2023 Distinguished Graduate of the United States Naval Academy. This award is given to 5 living alumni from the more than 50,000 living alumni on an annual basis.

Career

Nicol's first civilian job was with Babcock & Wilcox, an energy company based in Lynchburg, Virginia, [3] where he later was responsible for manufacturing in the Naval Nuclear Fuel Division.

Boston Consulting Group

Nicol joined the Boston Consulting Group, a management consulting firm, in 1987. He worked out of their Chicago office and was elected partner four years later. In 1993, he opened the firm's Dallas office. [3] In 2006, Nicol was named one of the top 25 Global Consultants by Consulting Magazine. [5] He served as a senior partner and managing director before becoming a senior advisor in January 2016. His areas of focus have been technology and organization. [6] He is also a Special Advisor at Tritium Partners [7] and Anzu Industrial Capital Partners. [8]

Trump transition

In 2016, Nicol was selected to direct the agency action team in charge of President-elect Donald J. Trump's transition. [9] The team was responsible for the successful turnover of all agencies of the federal government. [10]

Subsequent to the Trump Transition, Nicol returned to the world of business by joining a number of corporate boards, becoming an advisor to private equity and venture capital firms and becoming a senior advisor at The Boston Consulting Group. [11]

Board memberships

In November 2012, Nicol became the chairman, Board of Visitors Fuqua School of Business, Duke University. During his tenure Fuqua, was rated number one U.S. business school by Business Week. Nicol currently is Chairman Emeritus, Board of Visitors. [12]

In March 2018, Nicol took a position on the board of Austin Industries, a United States-based diversified construction company. [13] [14]

From July 2019 through October 2020, Nicol was a board member for Top Aces US, who provide advanced airborne training to major air forces globally.

In March 2020, Nicol became a board member for the United States Naval Academy Foundation, a not for profit organization that supports the Naval Academy and its mission. [15]

In March 2021, Nicol became a trustee for the United States Naval Academy Athletic and Scholarship Program.

NUBURU, an Industrial high power blue laser manufacturer, named Nicol the Executive Chairman in early December 2021. he will also sit on the board of the Centennial, Colorado based company. [16]

Personal life

Nicol is married to Liane S. Nicol. They have two daughters and five grandchildren. In 2012, the Nicols set up a $1 million charitable lead annuity trust (CLAT) to benefit their daughters and the Ronald L. and Liane S. Nicol Scholarship Endowment of Duke University's Fuqua School of Business. [2] [4]

Related Research Articles

<span class="mw-page-title-main">Robert McFarlane (American government official)</span> American Marine Corps officer and National Security Advisor (1937–2022)

Robert Carl "Bud" McFarlane was an American Marine Corps officer who served as National Security Advisor to President Ronald Reagan from 1983 to 1985. Within the Reagan administration, McFarlane was a leading architect of the Strategic Defense Initiative, a project intended to defend the US from Soviet ballistic missile attacks. He resigned as National Security Adviser in late 1985 because of disagreements with other administration figures but remained involved in negotiations with Iran and with Hezbollah.

Kelly Crawford Perdew is an American businessman and winner of The Apprentice 2.

<span class="mw-page-title-main">Stephen Hadley</span> American attorney and senior government official (born 1947)

Stephen John Hadley is an American attorney and senior government official who served as the 20th United States National Security Advisor from 2005 to 2009. He served under President George W. Bush during the second term of his administration. Hadley was Deputy National Security Advisor during Bush's first term.

Peter Michael Nicholas was an American businessman and philanthropist. He co-founded medical device firm Boston Scientific with partner John Abele in 1979.

<span class="mw-page-title-main">Fuqua School of Business</span> Business school of Duke University in Durham, North Carolina, US

The Fuqua School of Business is the business school of Duke University, a private research university in Durham, North Carolina. It enrolls more than 1,300 students in degree-seeking programs. Duke Executive Education also offers non-degree business education and professional development programs.

<span class="mw-page-title-main">Indra Nooyi</span> American business executive

Indra Nooyi is an Indian-born American business executive who was the chairman and chief executive officer (CEO) of PepsiCo from 2006 to 2018.

<span class="mw-page-title-main">Leo Mackay Jr.</span> American government official (born 1961)

Leo Sidney Mackay Jr. is an American businessman, and a former deputy secretary of the United States Department of Veterans Affairs.

<span class="mw-page-title-main">Jim Whitehurst</span> American business executive

James Moon Whitehurst is an American business executive. He has been interim chief executive officer and president of Unity Technologies since October 2023. He was previously the president at IBM, chair of the board and chief executive officer at Red Hat, and chief operating officer at Delta Air Lines. Prior to working at Delta in 2001, he was vice president and director of the Boston Consulting Group and held various management roles at its Chicago, Hong Kong, Shanghai and Atlanta offices.

<span class="mw-page-title-main">President's Council of Advisors on Science and Technology</span> White House advisory board

The President's Council of Advisors on Science and Technology (PCAST) is a council, chartered in each administration with a broad mandate to advise the president of the United States on science and technology. The current PCAST was established by Executive Order 13226 on September 30, 2001, by George W. Bush, was re-chartered by Barack Obama's April 21, 2010, Executive Order 13539, by Donald Trump's October 22, 2019, Executive Order 13895, and by Joe Biden's February 1, 2021, Executive Order 14007.

<span class="mw-page-title-main">Franklin Miller</span>

Franklin Carroll Miller is a foreign policy and nuclear defense policy expert. Miller served 31 years in the U.S. government, including the Department of State, the Department of Defense and a Special Assistant to President George W. Bush. He is principal at the Washington-based international business advisory firm The Scowcroft Group.

<span class="mw-page-title-main">Arthur D. Collins Jr.</span> American businessman

Arthur D. Collins Jr. is an American executive, the retired chairman of the board of Medtronic, Inc., and formerly served the company as president and chief executive officer. He is now a senior advisor to Oak Hill Capital Partners and a managing partner at Acorn Advisors, LLC. Collins is also the author of the children's book series The Adventures of Archibald and Jockabeb.

<span class="mw-page-title-main">Stephen Pagliuca</span> American businessman (born 1955)

Stephen Gerard Pagliuca is an American private equity investor, co-chairman of Bain Capital, and co-owner of the Boston Celtics of the National Basketball Association (NBA) and Atalanta of Italian Serie A association football league.

<span class="mw-page-title-main">Robert C. O'Brien</span> American lawyer (born 1966)

Robert Charles O'Brien Jr. is an American attorney who served as the twenty-seventh United States national security advisor from 2019 to 2021. He was the fourth and final person to hold the position during the presidency of Donald Trump. He is currently the chairman of the American Global Strategies firm advising companies on international politics, the U.S. government, and crisis management.

<span class="mw-page-title-main">Jeff Zients</span> American business executive and government official (born 1966)

Jeffrey Dunston Zients is an American business executive and a government official in the administration of U.S. president Joe Biden. Zients is currently serving as the 31st White House chief of staff. Earlier in the Biden administration, he served as counselor to the president and White House coronavirus response coordinator from January 2021 to April 2022.

<span class="mw-page-title-main">Richard R. Burt</span> American diplomat

Richard R. Burt is an American businessman and diplomat who served as United States Ambassador to Germany and was a chief negotiator of the Strategic Arms Reduction Treaty. Prior to his diplomatic career, Burt worked as director of a non-governmental organization and from 1977 to 1980 was a national security correspondent for The New York Times.

<span class="mw-page-title-main">Brian Hook</span> American lawyer and government official (born 1968)

Brian H. Hook is an American diplomat, lawyer and government official. In 2021, he joined Cerberus Capital Management as vice chairman for global investments. He is an adjunct professor at Duke University's Sanford School of Public Policy.

<span class="mw-page-title-main">Rich Lesser</span> American businessman (born 1962)

Richard Lesser is an American businessman who has been the chair of American management consultancy Boston Consulting Group (BCG) since 2021. He previously was CEO from 2013 to 2021.

<span class="mw-page-title-main">Philip Bilden</span> American businessman (born 1964)

Philip M. Bilden is an American businessman and private equity & venture capital investor. He was nominated by President Donald Trump to serve as the 76th United States Secretary of the Navy in January, 2017, although he subsequently withdrew himself from consideration. He is a philanthropist and advocate for national security, the U.S. Navy, and cybersecurity.

<span class="mw-page-title-main">Paul Dabbar</span> American investment banker and government official (born 1967)

Paul M. Dabbar is Chief Executive Officer and Co-founder of Bohr Quantum Technology, a company developing quantum networking systems. He is also a Distinguished Visiting Fellow at Columbia University's Center on Global Energy Policy.

<span class="mw-page-title-main">Fiona McFarland</span> American politician

Fiona Fuller McFarland is an American U.S. Navy reservist and a state legislator in Florida. She currently serves in the Florida House of Representatives representing the 73rd district, which covers parts of Sarasota. She is a member of the Republican Party. McFarland is the daughter of former White House Deputy National Security Advisor KT McFarland.

References

  1. ↑ "Ron Nicol". Boston Consulting Group . Retrieved 2021-12-09.
  2. 1 2 Ebeling, Ashlea (December 10, 2014). "Precision Wealth Transfer With A CLAT". Forbes. Archived from the original on December 18, 2016.
  3. 1 2 3 4 5 "Ron Nicol, Class of 1986". Duke University The Fuqua School of Business. Retrieved 13 November 2016.
  4. 1 2 3 Smalley, Kristen (August 21, 2014). "Our Giving Story: Ron and Liane Nicol". Duke Forward.
  5. ↑ "The Top 25 Consultants". Consulting. ALM Media Properties. 2009-11-01. Retrieved 2020-12-02.
  6. ↑ Naylor, Brian; Sprunt, Barbara (November 16, 2016). "From Lobbyists To Loyalists, See Who's On Donald Trump's Transition Team". NPR.
  7. ↑ "Executives & Advisors". Tritium Partners, LLC. Retrieved 2020-12-14.
  8. ↑ Michael, David (2018-09-25). "A Collaborative & Inspired Approach" . Retrieved 2020-12-14.
  9. ↑ Romm, Tony (November 9, 2016). "New details emerge on Trump transition organization". Politico. Retrieved November 13, 2016.
  10. ↑ Bender, Michael C. "Donald Trump's Transition Team Relies on a Mix of GOP Traditionalists and Outsiders". The Wall Street Journal. Retrieved 13 November 2016.
  11. ↑ "Ron Nicol Senior Advisor Dallas". Boston Consulting Group. Retrieved 2020-12-06.
  12. ↑ "Leadership - Meet Our Teams". Duke University's Fuqua School of Business. Retrieved 2020-12-14.
  13. ↑ "Leadership". Austin Industries. Retrieved 2020-12-02.
  14. ↑ "Ron Nicol Board of Directors / Independent Member" . Retrieved 2020-12-02.
  15. ↑ "Foundation Board of Directors". USNA Alumni Association and Foundation. Retrieved 2020-12-02.
  16. ↑ Staff Writer (2021-12-07). "Blue industrial laser maker Nuburu wraps $20M Series B funding round". Laser Focus World . Retrieved 2021-12-09.
This page is based on this Wikipedia article
Text is available under the CC BY-SA 4.0 license; additional terms may apply.
Images, videos and audio are available under their respective licenses.