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July 2012

Facing Down the Dragons: Donald F. Donahue's Career at DTCC

When Donald F. Donahue reflects on his six-year tenure as CEO of DTCC, the theme that comes to his mind is “there be dragons.” It is a reference to risk, borrowed from medieval mapmakers who labeled dangerous or uncharted areas of the world with a warning: there be dragons.

Donahue, who retires in July, smiles when he notes that dragons are not a motif he would necessarily have chosen for his time at the helm of DTCC, but risk – and its ever-shifting parameters – is the reality he was dealt.

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