W. Don Cornwell: Difference between revisions

Content deleted Content added

Inline

Revision as of 03:19, 3 May 2009

W. Don Cornwell is CEO, Chairman, and co-founder of Granite Broadcasting (1988-).

Granite declared bankruptcy in December 2006 and while negotiating on behalf of Granite stockholders Cornwell secured for himself among other things: (i) forgiveness of a $3.3 million loan from Granite, (ii) a $2.6 million “gross up” bonus payment, (iii) options to purchase 375,000 shares of reorganized Granite’s common stock, (iv) up to $400,000 of restricted shares of reorganized Granite’s common stock, and (v) certain releases and indemnities.^[1]

He sits on the board of directors of Avon Products (since 2002)^[2], Pfizer (since 1997)^[3], Conde Nast Portfolio (since 1997)^[4], the Wallace Foundation^[5], the Jacob Javits Foundation, the Emma L. Bowen Foundation^[6], and Big Brothers/Big Sisters of New York^[7].

Prior to founding Granite, Mr. Cornwell served as a vice president of Goldman Sachs (1976 to 1988). He was formerly on the board of directors for CVS (1994-2005?)^[8], the National Association of Broadcasters, the Hershey Trust Company and Milton Hershey School(-2002)^[9], the New York University Medical Center^[10], and chairman of Telecommunications Development Fund (1997)^[11]. Former trustee of Occidental College, and Citizens Budget Commission (2001-2005)^[12].

Cornwell received a Bachelor of Arts degree from Occidental College in 1969 and a Masters degree in Business Administration from Harvard University in 1971.

Born 1948, Cushing, OK. He grew up in Tacoma, WA. He is married to Saundra Williams-Cornwell and has two children - K. Don Cornwell and Samantha Cornwell.

Awards:

1996 Occidental College, Alumnus of the Year Award

1999 Harvard Business School, Alumni Achievement Award^[13]

References

[1] ttp://www.bingham.com/Media.aspx?MediaID=5439

[2] ttp://www.avoncompany.com/investor/boardofdirectors/cornwell.html

[3] ttp://media.pfizer.com/files/annualreport/2007/proxy/proxy2007.pdf

[4] ttp://www.portfolio.com/resources/executive-profiles/W-Don-Cornwell-50901

[5] ttp://www.wallacefoundation.org/AboutUs/Team/Pages/default.aspx

[6] ttp://www.emmabowenfoundation.com/board_of_directors.html

[7] ttp://www.bigsnyc.org/pdfs/bbbs07ar.pdf

[8] ttp://www.ticker.com/Annualreport/CVS/CVS-2004.pdf

[9] ttp://query.nytimes.com/gst/fullpage.html?res=9405E0D81430F936A25752C1A9649C8B63

[10] ttp://www.med.nyu.edu/dhd/2002_DHD_Program.pdf

[11] ttp://www.fcc.gov/Bureaus/Miscellaneous/News_Releases/1997/nrmc7053.txt

[12] ttp://www.cbcny.org/CBC_School_Finance_Reform_01-05.pdf

[13] ttp://hbswk.hbs.edu/archive/3177.html

[1]

[2]

[3]

[4]

[5]

[6]

[7]

[8]

[9]

[10]

[11]

[12]

[13]

@@ Line 6: / Line 6: @@
 [[Pfizer]] (since 1997)<ref>http://media.pfizer.com/files/annualreport/2007/proxy/proxy2007.pdf</ref>, Conde Nast Portfolio (since 1997)<ref>http://www.portfolio.com/resources/executive-profiles/W-Don-Cornwell-50901</ref>, the Wallace Foundation<ref>http://www.wallacefoundation.org/AboutUs/Team/Pages/default.aspx</ref>, the Jacob Javits Foundation, the Emma L. Bowen Foundation<ref>http://www.emmabowenfoundation.com/board_of_directors.html</ref>, and Big Brothers/Big Sisters of New York<ref>http://www.bigsnyc.org/pdfs/bbbs07ar.pdf</ref>.
-Prior to founding Granite, Mr. Cornwell served as a vice president of [[Goldman Sachs]]. (1976 to 1988).  He was formerly on the board of directors for [[CVS Corporation|CVS]] (1994-2005?)<ref>http://www.ticker.com/Annualreport/CVS/CVS-2004.pdf</ref>, the National Association of Broadcasters, the Hershey Trust Company and Milton Hershey School(-2002)<ref>http://query.nytimes.com/gst/fullpage.html?res=9405E0D81430F936A25752C1A9649C8B63</ref>, the New York University Medical Center<ref>http://www.med.nyu.edu/dhd/2002_DHD_Program.pdf</ref>, and chairman of Telecommunications Development Fund (1997)<ref>http://www.fcc.gov/Bureaus/Miscellaneous/News_Releases/1997/nrmc7053.txt</ref>.
+Prior to founding Granite, Mr. Cornwell served as a vice president of [[Goldman Sachs]] (1976 to 1988).  He was formerly on the board of directors for [[CVS Corporation|CVS]] (1994-2005?)<ref>http://www.ticker.com/Annualreport/CVS/CVS-2004.pdf</ref>, the National Association of Broadcasters, the Hershey Trust Company and Milton Hershey School(-2002)<ref>http://query.nytimes.com/gst/fullpage.html?res=9405E0D81430F936A25752C1A9649C8B63</ref>, the New York University Medical Center<ref>http://www.med.nyu.edu/dhd/2002_DHD_Program.pdf</ref>, and chairman of Telecommunications Development Fund (1997)<ref>http://www.fcc.gov/Bureaus/Miscellaneous/News_Releases/1997/nrmc7053.txt</ref>.
 Former trustee of Occidental College, and Citizens Budget Commission (2001-2005)<ref>http://www.cbcny.org/CBC_School_Finance_Reform_01-05.pdf</ref>.