20 September 2004
I currently serve as President and CEO of Deseret Management Corporation, the corporation that oversees all the for-profit businesses of the LDS Church. I grew up in Sandy, Utah, attended Jordan High School, and was Valedictorian of my graduating class. I served an LDS mission to Great Britain, obtained a Bachelor’s degree in Accounting and then an MBA at the University of Utah, and then served for three years in the United States Air Force. I later attended Harvard University where I obtained a Doctorate in Business Administration.
When you were young, did you know the path you wanted to follow?
The document I provided you summarizes the goals I set for myself when I was a senior in High School. Those goals were categorized in eight groupings--spiritual, family, professional, educational, financial, cultural and creative, athletic and physical fitness, and miscellaneous goals.
Among some of the specific goals in my professional life were the following: Some day I wanted to run a major corporation, which I have. I wanted to serve as a leader of a major academic institution, which I have. I wanted to serve in high level government service, which I have.
Did you set these goals because you had family members who had accomplished these goals already, or was this simply your dream?
I put a lot of thought into these goals. I discussed possibilities with other people including my parents, my teachers, some other adult friends of my parents. But the key person in this goal setting activity was Mr. Phil Goldbranson who was my High School Debate coach who encouraged me to set goals in my life.
After completing my Doctoral work at Harvard, I went into business with one of my professors, Doctor J. Sterling Livingstone. We, with some of our colleagues, built an international management consulting firm of considerable size and eventually sold that practice to Pete Marwick Mitchell, a large public accounting firm. Soon thereafter, I joined one of my clients, the Hughes Tool Company, as a Senior Executive.
I was then invited by Elliott Richardson, who had been appointed secretary of the U.S. Department of Health Education and Welfare, to join his staff as Assistant Secretary of Administration and Management. I was given the assignment to oversee administrative and management activities of the largest department of the Federal G