Paul H. O’Neill

Non-executive Chairman
B.S.(1960), Fresno State College, Economics
M.P.A. (1966), Indiana University
Paul H. O'Neill

Paul O’Neill is a founder of Value Capture, LLC, where he provides counsel and support to healthcare executives and policymakers who share his conviction that the value of healthcare operations can be increased by 50% or more through the pursuit of perfect safety and clinical outcomes. He was the 72nd Secretary of the U.S. Treasury, serving from 2001 to 2002. During his 21-month tenure, the lost workday rate among Treasury employees fell by more than 50%. He was the chairman and CEO of Alcoa from 1987 to 1999 and retired as chairman at the end of 2000. Mr. O’Neill led Alcoa to become the safest workplace in the world, while increasing its market capitalization by more than 800%. Today, Alcoa operates across more than 40 countries at a lost workday rate that is 20 times lower than the average rate for American hospitals. Prior to joining Alcoa, Mr. O’Neill was president of International Paper Company from 1985 to 1987 and was vice president from 1977 to 1985. He served as the deputy director of the U.S. Office of Management and Budget from 1974 to 1977, where he served on staff beginning in 1967. He worked as a computer systems analyst with the U.S. Veterans Administration from 1961 to 1966. During his government service, Mr. O’Neill helped to shape many of the policies that define the American healthcare system today. He serves as a board member at the National Quality Forum, RAND, and more than a dozen other major corporations and non-profit organizations.