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Ron Williams | |
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Born | 1949 (age 74–75)[ citation needed ] |
Education | Roosevelt University (BA) Massachusetts Institute of Technology (MBA) |
Ronald Allen Williams (born 1949)[ citation needed ] is an American businessman and board director on corporate, public sector and non-profit boards. Williams is the author of Learning to Lead: The Journey to Leading Yourself, Leading Others, and Leading an Organization, which appeared on The Wall Street Journal's best seller list. He is founder, chairman and CEO of RW2 Enterprises, LLC. Williams is the former chairman, president and chief executive officer (CEO) of Aetna Inc.. Aetna is now part of CVS Health.
Following his retirement from Aetna, Williams formed RW2 Enterprises, LLC where he coaches and consults with senior corporate executives.
Williams serves on the board of directors of Boeing [1] and Warby Parker. He previously served on the boards of Johnson & Johnson and American Express. He is an operating advisor to the private equity firm Clayton, Dubilier & Rice. (CD&R) [2] . He is chairman of the board of agilon health [3] which launched in 2016 and is chairman of the board of apree health, formed by the combination of VERA Whole Health and Castlight.
Williams is chairman of The Conference Board [4] and participates with the Committee for Economic Development (CED). In 2023, he began as a member of the McKinsey & Company External Advisory Group. [5]
He previously served as vice chairman of The Business Council from 2008 to 2010 [6] and chairman of the Council for Affordable Quality Healthcare (CAQH). [7] He was an advisor to The Wall Street Journal CEO Council [8] and a former member of the GE Healthymagination Advisory Committee. [9]
Williams served as both chairman and CEO of Aetna until November 2010 and as chairman through April 2011. [10] He also served as chairman of the Aetna Foundation from 2006 to April 2011. [11] During his tenure, Aetna was named Fortune magazine's most admired Company in the Health Care: Insurance and Managed Care category for three consecutive years. [12] In 2011, Aetna's revenues were $34 billion, and the firm ranked 77th on the Fortune 100 list.
Mr. Williams joined Aetna in 2001 and in 2002 was named president and joined Aetna's board. He was named CEO in February 2006 and chairman of the board in October 2006. In 2001, Aetna reported a net loss from continuing operations of $292 million [13] and earnings per share loss from continuing operations of $0.46. In 2011, full-year operating earnings were $2.0 billion with operating earnings per share of $5.17 producing a 12.3 percent operating EPS CAGR over the last five years. [14]
Williams chairs [15] the Health Systems Initiative at MIT Sloan. He also serves on MIT's North America Executive Board. [16]
In March 2011, Williams was appointed to the President's Management Advisory Board, which was assembled by U.S. President Barack Obama. [17] He served in that capacity until 2017. He serves on the board of the Peterson Center on Healthcare board of advisors, [18] the Peterson Institute for International Economics [19] and the RAND Health board of advisors. [20]
In 2013 he was elected to the American Academy of Arts and Sciences, [21] an independent, multidisciplinary policy research center, and became a trustee of the Committee for Economic Development, a non-profit, non-partisan, business-led public policy organization.
Prior to joining Aetna, Williams served as group president, and president of WellPoint (now Anthem), having joined WellPoint's predecessor firm, Blue Cross of California, in 1987. Previously, he was co-founder of Visa Health Corp. and group marketing executive of Control Data Corporation. [14]
Williams holds a Bachelor of Arts in psychology from Roosevelt University and a Master of Business Administration from the MIT Sloan School of Management. [22]
During his career, Williams has received media recognition and other awards including:
Aetna Inc. is an American managed health care company that sells traditional and consumer directed health care insurance and related services, such as medical, pharmaceutical, dental, behavioral health, long-term care, and disability plans, primarily through employer-paid insurance and benefit programs, and through Medicare. Since November 28, 2018, the company has been a subsidiary of CVS Health.
The Sloan School of Management at Massachusetts Institute of Technology is the business school of the Massachusetts Institute of Technology, a private university in Cambridge, Massachusetts. MIT Sloan offers bachelor's, master's, and doctoral degree programs, as well as executive education. Its degree programs are among the most selective in the world. MIT Sloan emphasizes innovation in practice and research. Many influential ideas in management and finance originated at the school, including the Black–Scholes model, the random walk hypothesis, the binomial options pricing model, and the field of system dynamics. The faculty has included numerous Nobel laureates in economics and John Bates Clark Medal winners.
Sir Richard Lake Olver FREng was the chairman of BAE Systems, one of the world's largest defence contractors.
Philip Murray Condit is an American engineer and businessman who was Chair and Chief executive officer (CEO) of the Boeing company from 1996 to 2003. He dramatically reshaped the company by its merger with McDonnell Douglas and relocating Boeing's headquarters from Seattle to Chicago. He resigned to take symbolic responsibility for a military procurement scandal, although he was not accused of any ethical breaches.
Robert Charles Pozen, known as "Bob", is an American financial executive with a strong interest in public policy. He is the former chairman of MFS Investment Management, the oldest mutual fund company in the United States. Previously, Pozen was the President of Fidelity Investments.
The Sloan Fellows program is the world's first mid-career and senior career master's degree in general management and leadership. It was initially supported by a grant from Alfred P. Sloan, the late CEO of General Motors, to his alma mater, MIT. The program was established in 1930 at the MIT Sloan School of Management. Later it was expanded to the Stanford Graduate School of Business (1957), and London Business School (1968). Considered to be one of the most prestigious management training programs in the world, it targets experienced leaders who have demonstrated success either within organizations, or independently as entrepreneurs. Notable alumni include Kofi Annan, former United Nations Secretary-General and Nobel Peace Prize Laureate, John Browne, Baron Browne of Madingley, former chairman and CEO of BP and member of the British House of Lords, and Carly Fiorina, former CEO of Hewlett-Packard.
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.
Gregory David Wasson is an American businessman. He is the co-founder and president of Wasson Enterprise, a family-based investment office, the executive chairman of Innventure, co-founder of CoolerScreens, and the former president and chief executive officer (CEO) of Walgreens Boots Alliance (NASDAQ:WBA).
Jeffrey Dunston Zients is an American business executive and government official, serving as the 31st White House chief of staff in the administration of U.S. president Joe Biden. Earlier in the Biden administration, he served as counselor to the president and White House coronavirus response coordinator from January 2021 to April 2022.
Klaus M. Leisinger is a social scientist and economist. He is founder and president of the Global Values Alliance in Basel. Until 2012 he was managing director and chairman of the Board of Trustees of the Novartis Foundation in Basel, Switzerland.
Michael H. Jordan was an American businessman. He served as the chief executive officer of PepsiCo Worldwide Foods (1986–1990), Westinghouse Electric Corporation (1993–1998), CBS Corporation (1995–1998), and Electronic Data Systems (2003–2007).
Barbara Hackman Franklin is an American government official, corporate director, and business executive. She served as the 29th U.S. Secretary of Commerce from 1992 to 1993 to President George H. W. Bush, during which she led a presidential mission to China.
Mark T. Bertolini is an American businessman who is currently the CEO of Oscar Health, a tech-driven health insurance company located in New York. He was the co-CEO of Bridgewater Associates, one of the world's largest hedge funds, and was previously the CEO of Aetna, a Fortune 50 diversified health care benefits company with over $60 billion in 2015 revenue. Bertolini assumed the role of CEO on November 29, 2010 and of chairman on April 8, 2011, until Aetna was sold to CVS on November 28, 2018.
Alex Gorsky is an American businessman. He is the former chairman and CEO of Johnson & Johnson. Gorsky stepped down as CEO of Johnson & Johnson in January 2022 and was succeeded by Joaquin Duato. He was the seventh person who served as the company's chairman and chief executive officer since it became a publicly traded company in 1944. He is a board director of Apple and JP Morgan Chase.
Gary William Loveman is an American economist, businessman, and former academic professor. After nine years on the faculty of Harvard Business School, he left in 1998 to become COO of Harrah's Entertainment, which, following a number of acquisitions, became Caesars Entertainment. He was the CEO of Caesars Entertainment Corporation for 12 years until stepping down on June 30, 2015, amidst a bankruptcy and restructuring. He remained chairman until late 2017. He was then president of Aetna’s Consumer Health and Services division from October 2015 until January 2018.
Joseph Robert Swedish is an American healthcare executive and leader. He is a former senior adviser to the board of directors at Anthem, Inc., a Fortune 29 company, and was the CEO of Anthem, Inc. from 2013 to 2017. For 12 years in a row Swedish was named Modern Healthcare’s one of the 100 Most Influential People in Healthcare.
Sandi Peterson is an American businesswoman. She is currently an Operating Partner at Clayton, Dubilier & Rice and serves on the Microsoft Board of Directors. She was group worldwide chairman at Johnson & Johnson from 2012-2018 and previously held leadership positions at Bayer Medical Care, Medco Health Solutions, Nabisco and Whirlpool Corporation.
Brad Mitchell is an American businessman and was the founding President and CEO of ChainDrugStore.net from 2000 to 2005. He prepared the company for a management-led buyout with a private investor in early 2006. His public service includes serving on the White House Staff of President George H.W. Bush (41) and as a policy adviser in President Bush's 1988 Presidential campaign. Additionally, he led the presidential transition teams for the National Aeronautics and Space Administration (NASA), the White House Office of Science and Technology Policy and the National Science Foundation. Mitchell is Founder and board chairman of the National Athletic and Professional Success Academy (NAPSA); President of Pinnacle Summit Services and The Mitchell Group, a consulting and executive leadership coaching firm; and a certified executive leadership coach (PCC), International Coaching Federation (ICF) specializing in coaching successful leaders and executive teams to elevate their performance. Mitchell previously served as President of S4 Consulting, Chief Commercial Officer of AccuWeather Enterprise Solutions, and Senior Vice President and Chief Marketing Officer of DrugEmporium.com. He holds degrees from The Pennsylvania State University and Harvard University. Mitchell is a retired Lieutenant in the United States Naval Reserve.
Dr. Harold L. Paz is the former executive vice president of health sciences at Stony Brook University and former chief executive officer of Stony Brook University Medicine. He is the former executive vice president and chancellor for health affairs at Ohio State University and chief executive officer of the Ohio State Wexner Medical Center. Prior to that, he served as executive vice president and chief medical officer at CVS Health/Aetna.
Young Sohn (Korean: 손영권) is a Korean-American business executive and investor. He was the president and chief strategy officer of Samsung Electronics. Sohn is also the chairman of the board of Harman International Industries, a subsidiary of Samsung Electronics, and currently serves as Senior Advisor to Samsung.
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