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

Corporation's Internal Member Takes Over from John Reed; Further Elections Detailed.

MIT Alumnus Robert Millard from the class of '73 assumes the position of chair within the MIT...
MIT Alumnus Robert Millard from the class of '73 assumes the position of chair within the MIT Corporation

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

**Robert B. Millard Appointed as the New Chair of the MIT Corporation**

Robert B. Millard, an alumnus of MIT, has been elected as the new Chair of the MIT Corporation, effective from October 2023. Millard, who has served as its 11th Chairman since 2014, will be succeeding John Reed '61, SM '65, who has served as Chair since June 2010.

Millard, a distinguished graduate of MIT, boasts an impressive career spanning various fields. He started as an engineer-scientist, transitioned into entrepreneurship and executive roles, worked as a publisher and commentator, ventured into venture capitalism, and even taught as a professor of innovation. Recently, he has embarked on a new career as a computational engineer, focusing on modeling geothermal wells.

Millard's academic involvement is equally impressive. He holds advanced degrees from MIT, including a master's in engineering and a Ph.D. in financial economics. He has served on various advisory councils and boards at MIT, including the Visiting Committees for Physics, Architecture, Chemistry, and Philosophy & Linguistics. He also served as Chairman of MITIMCo, MIT's endowment management company.

In the business world, Millard co-founded and served as Chairman of the Board of L3 Technologies, a major defense technology company. He has also been involved internationally, serving on the advisory board of the Cairo Stock Exchange and committees at the American University in Cairo. He is a member of the Council on Foreign Relations and serves as a Senior Advisor to Safar Partners.

Before his tenure as the Chair of the MIT Corporation, Millard had a successful career at Kuhn Loeb & Co. and Lehman Brothers Inc., where he built and led the risk arbitrage/proprietary investing business. He also worked as an investment banker at Morgan Stanley in New York.

Other notable alumni include Ilene S. Gordon '75, SM '76, who holds an SB degree in mathematics from MIT, awarded in 1975, and an SM degree from the MIT Sloan School of Management, awarded in 1976. She is currently the chairman, president, and CEO of Ingredion Inc.

Ronald A. Williams '84, who holds a BA in psychology from Roosevelt University and an SM in management from the MIT Sloan School of Management, served as CEO and chairman of Aetna Inc. from 2006 to 2010.

Samantha F. O'Keefe '09, SM '12, obtained an SB in civil and environmental engineering in 2009 and two SM degrees, in civil and environmental engineering and in technology policy, in 2012, all from MIT.

Mark R. Epstein '63, SM '64, a graduate of MIT, has been senior vice president for development at Qualcomm Inc. since 1986.

Rafael del Pino SM '86 received his MS degree in civil engineering from the University of Madrid in 1981. During his tenure as CEO and later as chairman, Ferrovial has been transformed into an international leader in the development of private infrastructure.

John W. Jarve '78 received SB and SM degrees in electrical engineering and computer science from MIT in 1978 and an MBA from Stanford University in 1983. Theresa M. Stone SM '76 received an SM degree in management from MIT in 1976.

Alan M. Leventhal, a graduate of Northwestern University, has served on the MIT Corporation as a Term Member since 2003 and as a Life Member since 2013.

These alumni, with their diverse backgrounds and accomplishments, exemplify the breadth and depth of talent that MIT has nurtured over the years. Their contributions to various industries and fields continue to have a significant impact, underscoring the importance of MIT's role in shaping future leaders.

  1. Robert B. Millard, a distinguished MIT graduate, has served as the chairman of various boards including L3 Technologies and MITIMCo.
  2. Millard is not only a successful entrepreneur but also an educator, having taught innovation at prestigious institutions.
  3. The public ventures he has been involved in, such as working with the Cairo Stock Exchange, demonstrate his international influence.
  4. In the field of learning, he has furthered his academic endeavors with degrees in engineering, financial economics, and has advised councils related to physics, architecture, chemistry, and philosophy at MIT.
  5. As a computational engineer, Millard is currently focusing on modeling geothermal wells, a sector that intertwines learning with energy.
  6. Ilene S. Gordon '75, SM '76, an alumna like Millard, is the chairman, president, and CEO of Ingredion Inc., excelling in the realm of health and chemistry.
  7. Ronald A. Williams '84, another successful alum, served as CEO and chairman of Aetna Inc., demonstrating his leadership skills in the mental health sector.
  8. Samantha F. O'Keefe '09, SM '12, is an example of an MIT graduate excelling in both the engineering and technology policy fields.
  9. Mark R. Epstein '63, SM '64, a MIT graduate, is a senior vice president for development at Qualcomm Inc., showcasing his expertise in materials and technology.
  10. Rafael del Pino SM '86, earning his MS degree in civil engineering from the University of Madrid, transformed Ferrovial into an international leader in the environment sector through his tenure as CEO and chairman.
  11. John W. Jarve '78 and Theresa M. Stone SM '76, both MIT alumni, have degrees in electrical engineering, computer science, and management, testifying to the institute's multidisciplinary approach to education.
  12. Alan M. Leventhal, a graduate of Northwestern University, despite not being an MIT alum, has made significant contributions to the MIT Corporation, demonstrating the impact of MIT's education-and-self-development programs even beyond the MIT community and the importance of online-education for broader learning and development.

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