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Notre Dame No. 1 Producer of CEOs at Top Financial Firms

Author: Shannon Chapla

The University of Notre Dame is ranked No. 1 on a list compiled by Bloomberg of undergraduate colleges attended by chief executive officers of the 100 largest U.S. financial firms.

Notre Dame educated five of the Top 100 CEOs, including James Rohr of PNC Financial Services Group and Debra Cafaro of Ventas Inc., one of only two women in the ranking. Other CEOs include James Flaherty, HCP; Paul Reilly, Raymond James Financial; and Terrence Cavanaugh, Erie Indemnity.

Rohr and Cafaro received their undergraduate degrees from Notre Dame’s College of Arts and Letters in 1970 and 1979, respectively; Flaherty and Cavanaugh were graduated from the Mendoza College of Business in 1979 and 1975, respectively; and Reilly received his degree from the University’s College of Science in 1978.

“Notre Dame teaches performance, community, respect, integrity, diversity, teamwork, and balance," said Rohr of PNC. “Those values make organizations like PNC successful in the long run.”

“These CEOs will touch many, many lives, and it’s humbling to be part of their stories,” said Carolyn Y. Woo, Martin J. Gillen Dean of Notre Dame’s Mendoza College of Business. “Survey results such as these are good reminders of our responsibility as an institution of faith to prepare students for business leadership that contributes social as well as economic value. The foundation for both academic excellence and care for others bears fruit in its own time. For us in education, this is a reminder of our responsibility.”

Ranked below Notre Dame on the survey were Harvard College, University of Pennsylvania, Cornell University, and Colgate University, all of which tied for second place with four Top 100 CEOs. Princeton University, University of California, and University of Wisconsin each placed third with three CEOs.

Notre Dame’s Mendoza College of Business also holds the top spot on Bloomberg BusinessWeek’s spring ranking of “The Best Undergraduate Business Schools,” earning the No. 1 spot in the student ranking, as well as “A+” in teaching quality, facilities and services, and job placement. The school placed first in the recruiter ranking across a three-year average.

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