C. Peter McColough
C. Peter McColough (businessman, deep state functionary?) | ||||||||||
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Born | 1 August 1922 Halifax, Nova Scotia, Canada | |||||||||
Died | 13 December 2006 (Age 84) | |||||||||
Nationality | US (Born: Canadian) | |||||||||
Alma mater | Dalhousie University, Osgoode Law School, Harvard Business School | |||||||||
Spouse | Mary Virginia White | |||||||||
Attended the 1981 Bilderberg as Xerox CEO. Board member of the Council on Foreign Relations.
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Charles Peter Philip Paul McColough was a US business executive who attended the 1981 Bilderberg meeting as CEO of Xerox Corporation and board member of the Council on Foreign Relations.
Education
C. Peter McColough was born in Halifax, Nova Scotia, Canada. After attendance at Halifax private schools, McColough enrolled at Dalhousie University, and graduated in 1943. After Dalhousie, McColough studied at Osgoode Law School in Toronto, and finally at the Harvard Business School, after briefly serving in the British Navy in World War II. McColough graduated from Harvard Business School in 1949, and became a US citizen in 1956.
Career
While living and working in Philadelphia, McColough met and married socialite Mary Virginia White, daughter of James J. White II, CEO of J.J. White Incorporated, one of the largest family-owned businesses in the East Coast of the United States that is still in operation today.
McColough worked initially for Lehigh Navigation Coal Sales Company in the USA before making the switch in 1954 to Xerox, then a little-known manufacturer of industrial photocopiers. Five years after that career move, his new firm introduced its first office photocopier. As one of the first companies to step into the lucrative arena and potential growth market, Xerox's annual revenues soared from $40 million in 1960 to almost $3 billion in the early 1970s.
After taking over the presidency of the firm in 1966, McColough significantly changed and altered the direction and goals of Xerox Corporation. By 1979, McColough had built up Xerox revenues to $7 billion a year and its annual earnings to $563 million.
He retired in the late 1980s, after over fourteen years as CEO.
Other positions
Aside from his tenure at Xerox, McColough was treasurer of the Democratic National Committee between 1973 and 1974,[1][2] was chairman of United Way of America, and on the Board of Trustees at the Council on Foreign Relations, New York Stock Exchange, Bank of New York, Wachovia, Citigroup, Knight Ridder, and Union Carbide Corporation.
C. Peter McColough is also the namesake of the C. Peter McColough Roundtable Series on International Economics, part of the Council on Foreign Relations. This program was enacted and funded by the Council on Foreign Relations upon McColough's retirement as a director on the council's Board for nine years. McColough also was Treasurer between 1985 and 1987, Chairman of the Finance and Budget Committee between 1981 and 1987, and chairman of the Campaign for the Council between 1983 and 1985.
Event Participated in
Event | Start | End | Location(s) | Description |
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Bilderberg/1981 | 15 May 1981 | 17 May 1981 | Switzerland Palace Hotel Bürgenstock | The 29th Bilderberg |