F. Duane Ackerman
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F. Duane Ackerman (born 1942) is an American businessman. He was the last chairman and
Chief Executive Officer A chief executive officer (CEO), also known as a central executive officer (CEO), chief administrator officer (CAO) or just chief executive (CE), is one of a number of corporate executives charged with the management of an organization especial ...
of
BellSouth BellSouth, LLC (stylized as ''BELLSOUTH'' and formerly known as BellSouth Corporation) was an American telecommunications holding company based in Atlanta, Georgia. BellSouth was one of the seven original Regional Bell Operating Companies after ...
Corporation.


Early life

Ackerman was raised in
Plant City, Florida Plant City is an incorporated city in Hillsborough County, Florida, United States, approximately midway between Brandon and Lakeland along Interstate 4. The population was 39,764 at the 2020 census. Despite many thinking it was named for flora ...
. In 1964, he graduated from Rollins College with a
B.S. A Bachelor of Science (BS, BSc, SB, or ScB; from the Latin ') is a bachelor's degree awarded for programs that generally last three to five years. The first university to admit a student to the degree of Bachelor of Science was the University ...
in
Physics Physics is the natural science that studies matter, its fundamental constituents, its motion and behavior through space and time, and the related entities of energy and force. "Physical science is that department of knowledge which r ...
. In 1970, he graduated from the Rollins College Crummer Graduate School of Business with an
MBA A Master of Business Administration (MBA; also Master's in Business Administration) is a postgraduate degree focused on business administration. The core courses in an MBA program cover various areas of business administration such as accounti ...
. In 1978, Ackerman also graduated from the
MIT Sloan School of Management The MIT Sloan School of Management (MIT Sloan or Sloan) is the business school of the Massachusetts Institute of Technology, a private university in Cambridge, Massachusetts. MIT Sloan offers bachelor's, master's, and doctoral degree programs, ...
with a master's degree in management.


Career

Ackerman began his communications career in 1964, and has served in numerous capacities with BellSouth. In November 1992, he was named
President President most commonly refers to: *President (corporate title) * President (education), a leader of a college or university * President (government title) President may also refer to: Automobiles * Nissan President, a 1966–2010 Japanese ...
and
Chief Executive Officer A chief executive officer (CEO), also known as a central executive officer (CEO), chief administrator officer (CAO) or just chief executive (CE), is one of a number of corporate executives charged with the management of an organization especial ...
of BellSouth Telecommunications, BellSouth's local telephone service unit and largest subsidiary. He was promoted to vice chairman and
Chief Operating Officer A chief operating officer or chief operations officer, also called a COO, is one of the highest-ranking executive positions in an organization, composing part of the " C-suite". The COO is usually the second-in-command at the firm, especially if ...
in January 1995, and was elevated to the position of President and CEO in January 1997. A year later, the BellSouth board added the chairman's responsibilities to Ackerman's portfolio, and he served as chairman and CEO until BellSouth's merger with
AT&T AT&T Inc. is an American multinational telecommunications holding company headquartered at Whitacre Tower in Downtown Dallas, Texas. It is the world's largest telecommunications company by revenue and the third largest provider of mobile te ...
on December 29, 2006. In 2006, his total annual compensation was a reported $13.97 million, with a 5-year compensational total of $43.30 million. The SBC-AT&T merger created a uniquely complex situation for Ackerman with regards to Cingular Wireless, a joint venture between BellSouth and SBC. After the SBC/AT&T merger, the new AT&T began competing with BellSouth for lucrative business landline customers in BellSouth's primary market, disturbing the historical territorial lines between the former
Regional Bell Operating Companies The Regional Bell Operating Companies (RBOC) are the result of '' United States v. AT&T'', the U.S. Department of Justice antitrust suit against the former American Telephone & Telegraph Company (later known as AT&T Corp.). On January 8, 1 ...
or RBOCs (SBC and BellSouth). Indeed, this issue, as well as the desire for AT&T to entirely control the highly-profitable Cingular venture, led AT&T to purchase BellSouth outright. Ackerman serves on the
President's Council of Advisors on Science and Technology The President's Council of Advisors on Science and Technology (PCAST) is a council, chartered (or re-chartered) in each administration with a broad mandate to advise the president of the United States on science and technology. The current PCAST w ...
and is immediate past chairman of the U.S. Council on Competitiveness, as well as the National Security Telecommunications Advisory Committee. He is a former member of the
Homeland Security Advisory Council The Homeland Security Advisory Council (HSAC) is part of the Executive Office of the President of the United States. It was created by an Executive Order In the United States, an executive order is a directive by the president of the Unite ...
. A past chair of the Georgia Partnership for Excellence in Education, Ackerman is vice chairman of the Rollins College Board of Trustees and a former member of the Board of Governors for the Society of Sloan Fellows of MIT.


Awards and honors

In 2017, he was inducted as a Georgia Trustee, an honor given by the
Georgia Historical Society The Georgia Historical Society (GHS) is a statewide historical society in Georgia. Headquartered in Savannah, Georgia, GHS is one of the oldest historical organizations in the United States. Since 1839, the society has collected, examined, and tau ...
in conjunction with the Governor of Georgia to individuals whose accomplishments and community service reflect the ideals of the founding body of
Trustees Trustee (or the holding of a trusteeship) is a legal term which, in its broadest sense, is a synonym for anyone in a position of trust and so can refer to any individual who holds property, authority, or a position of trust or responsibility to t ...
, which governed the Georgia colony from 1732 to 1752.


References

{{DEFAULTSORT:Ackerman, F. Duane American chief executives MIT Sloan School of Management alumni MIT Sloan Fellows People from Plant City, Florida Rollins College alumni Living people 1942 births American chief operating officers