C. Peter McColough

C. Peter McColough
Former Xerox Corp. chairman and chief executive, C. Peter Mccolough has died at 84 in Rye Brook, New York.
Charles Peter Philip Paul McColough (August 1, 1922 – December 13, 2006) was the joint creater and owner of the Xerox Corporation (along with Joseph C. Wilson), and was a former Chief Executive Officer and Chairman of the Board at Xerox. He retired in the late 1980s, after serving over 25 years as CEO. Aside from building Xerox to the corporate empire it is today, McColough was treasurer of theDemocratic National Committee between 1974 and 1976, Chairman of United Way of America, and served on the Board of Trustees atNew York Stock Exchange, Bank of New York, Wachovia, Citibank, and Union Carbide Corporation. Included also in his work are the funding of the C. Peter McColough Roundtable Series on International Economics, part of the Council on Foreign Relations.He resided with his wife Mary Virginia White McColough in Greenwich, Connecticut, and Palm Beach, Florida.Mr. McColough led Xerox from 1968 to 1982, a time of dramatic growth and turbulent change.  He was remembered as a man who helped turn the company into an International Giant. The cause of death was cardiac arrest after a long illness said his son Andrew McColough.
As the hand picked successor of Xerox founder Joseph C. Wilson,  Mr. McColough served as chief executive from 1968 until retiring in 1982.  He took the title of chairman in 1971 after Wilson's death.