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MIT Alumnus Robert Millard from the class of '73 appointed as Chairman of the MIT Corporation

Corporation alum ascends role previously held by John Reed; additional election results disclosed.

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MIT alum Robert Millard from the Class of '73 takes on the role of chairman for the university's...
MIT alum Robert Millard from the Class of '73 takes on the role of chairman for the university's governing body, the MIT Corporation.

MIT Alumnus Robert Millard from the class of '73 appointed as Chairman of the MIT Corporation

Robert B. Millard Named Chairman Emeritus of MIT Corporation

Robert B. Millard, a distinguished alumnus of the Massachusetts Institute of Technology (MIT), has been elected as the Chairman Emeritus of the MIT Corporation. Millard, who has served on the Corporation since 2003, will take on this new role effective October 2023[1][3].

Millard, an MIT alumnus with an SB in architecture and an MBA from Harvard Business School, has been a dedicated servant of the Institute for over two decades. He has held various key positions at MIT, including membership on the Visiting Committees for Physics, Architecture, Chemistry, and Philosophy & Linguistics[1][3]. Millard also served as Chairman of MITIMCo, the entity that manages MIT’s endowment, and as a member of the MIT Dean of Science Advisory Council[1][3].

In addition to his roles at MIT, Millard has enjoyed a successful career in business and finance. He is the co-founder and former Chairman of L3 Technologies, a Fortune 200 firm, and currently serves as Lead Director of L3Harris Technologies[1][3]. Millard is also a Director of Evercore and a former Partner of Lehman Brothers[1][3]. Beyond his business endeavours, Millard is a member of the Council on Foreign Relations and fellow of the American Academy of Arts & Sciences[1][3].

Millard's business acumen and dedication to MIT have been evident throughout his tenure. He has served on the Executive Committee for 10 years and on the Investment Company Management Board for seven years, including as its chair for the last four years[1][3]. Millard has also been involved in numerous nonprofit boards, including the New School, the Population Council, and the Manhattan Theater Club[1][3].

In his new role as Chairman Emeritus, Millard will follow in the footsteps of John Reed '61, SM '65, who has served as chair since June 2010 and will become a Life Member Emeritus of the Corporation after the transition[1][3]. Theresa M. Stone SM '76, who was Executive Vice President and Treasurer at MIT (Retired), and Victor J. Menezes SM '72, Senior Vice Chairman, Citigroup Inc. (Retired), are also notable figures who have served on the Corporation[1][3].

Meanwhile, Rafael del Pino SM '86, Chairman of Grupo Ferrovial SA, has made significant strides in the development of private infrastructure during his tenure as CEO and later as chairman[2]. Del Pino, who obtained his MS degree in civil engineering from the University of Madrid in 1981, returned to the family company, Ferrovial, after graduating from MIT Sloan School of Management in 1986[2].

Other notable MIT alumni include Samantha F. O'Keefe '09, SM '12, Editor at TechCrunch; Ronald A. Williams '84, Chairman and CEO of RW2 Enterprises LLC; Ilene S. Gordon '75, SM '76, Chairman, President, and CEO of Ingredion Inc.; Alan M. Leventhal, Chairman and CEO of Beacon Capital Partners; Mark R. Epstein '63, SM '64, Senior Vice President for Development at Qualcomm Inc.; and John W. Jarve '78, a Managing Director at Menlo Ventures[1][3].

References: [1] MIT News - Robert B. Millard Named New Chair of MIT Corporation [2] Forbes - Rafael del Pino: The Man Behind Ferrovial's Success [3] MIT Corporation - Board of Trustees

  1. Robert B. Millard, a dedicated alumnus of MIT, has been designated Chairman Emeritus of the MIT Corporation, effective October 2023.
  2. Millard, a graduate of MIT with an SB in architecture and an MBA from Harvard Business School, has served on the MIT Corporation since 2003.
  3. In addition to his roles at MIT, Millard co-founded L3 Technologies, a Fortune 200 firm, and served as its Chairman.
  4. Beyond business, Millard is a fellow of the American Academy of Arts & Sciences and a member of the Council on Foreign Relations.
  5. Millard has held various key positions at MIT, including membership on the Visiting Committees for Physics, Architecture, Chemistry, and Philosophy & Linguistics.
  6. He also served as Chairman of MITIMCo, the entity that manages MIT’s endowment, and as a member of the MIT Dean of Science Advisory Council.
  7. In the realm of education and self-development, Millard’s career parallels that of Samantha F. O’Keefe '09, SM '12, Editor at TechCrunch.
  8. Likewise, Ronal A. Williams '84, Chairman and CEO of RW2 Enterprises LLC, is another distinguished MIT alumnus.
  9. In the field of public policy, Millard’s contributions mirror those of Ilene S. Gordon '75, SM '76, who serves as Chairman, President, and CEO of Ingredion Inc.
  10. The focus on health can be seen in the work of Alan M. Leventhal, Chairman and CEO of Beacon Capital Partners.
  11. In the field of technology, John W. Jarve '78, a Managing Director at Menlo Ventures, makes significant strides.
  12. The research and engineering sectors have benefited from the work of alumni like Mark R. Epstein '63, SM '64, Senior Vice President for Development at Qualcomm Inc. and Rafael del Pino SM '86, Chairman of Grupo Ferrovial SA, who has made significant strides in the development of private infrastructure.

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