Bill Greehey honored by Harvard Business Review
By Rosanne Fohn
Bill Greehey, a longtime friend of the UT Health Science Center San Antonio, has been named one of the world’s greatest business leaders.
In mid-January, the Harvard Business Review released its “100 Best-Performing CEOs in the World.” Greehey ranks 12th among U.S. CEOs and 31st worldwide. And in the energy industry category, he ranks second among U.S. CEOs and fifth in the world, according to the report.
His tremendous success as CEO of Valero Energy Corporation from 1997 through 2005 was the basis for his high rankings. During that time, Valero’s country-adjusted total shareholder return was 721 percent, industry-adjusted total shareholder return was 629 percent and market capitalization increased to $36 billion.
Chairman of the board of NuStar Energy LP
As CEO and chairman of the board of Valero, he led the growth of a small, regional petroleum pipeline and storage company that was affiliated with Valero. That company spun off from Valero in 2007 and was renamed NuStar Energy LP. Today, NuStar is one of the nation’s largest independent liquids terminal and pipeline storage operations. Greehey retired from Valero in 2005, but he continues to serve as chairman of the board at NuStar.
Dedication to community service
No description of Greehey would be complete, however, without mentioning his strong commitment to the community.
$25 million gift
In 2007, his Greehey Family Foundation gave the UT Health Science Center a transformational gift of $25 million for children’s cancer research. The gift supports the recruitment and retention of world-class researchers for the Health Science Center’s Greehey Children’s Cancer Research Institute. It also provides scholarships for future clinician-researchers and helped build new research labs.
“We congratulate Bill Greehey on this significant international recognition,” said UT Health Science Center President William L. Henrich, M.D., MACP. “We appreciate his excellent leadership not only in the board room but also in the community, and thank him for his generosity that has benefited the Health Science Center and so many others.”
Joint interest in Haven for Hope
Greehey’s foundation has also supported many other good causes for children, education and homelessness, including the creation in 2006 of Haven for Hope. Far beyond providing food and shelter for the homeless, Haven for Hope’s mission is to transform and save the lives of homeless men, women and children by providing them all the services they need on a single campus. And since the 32-acre campus opened in 2010, nearly 1,000 individuals have graduated from homelessness into permanent housing, and live happy and productive lives.
The Health Science Center has been a partner in this effort, as several hundred students and residents who receive clinical training at Haven for Hope clinics also provide care to patients who otherwise could not access or afford health care services.
Among them are 100 senior dental students who participate in weeklong rotations at the San Antonio Christian Dental Clinic at Haven for Hope. In addition, 13 Advanced Education in General Dentistry residents provide care during their rotations there on Tuesdays and Thursdays. And beginning this semester, about 30 dental hygiene students also began their training at the clinic.
Meanwhile, nearly 200 medical students each year volunteer or have rotations at the Centro Med Haven for Hope Clinic on Wednesday evenings, providing much-needed care while learning more about their future professions.
New research endeavor
Another new endeavor at Haven for Hope began in 2012. A research team from the School of Medicine’s Department of Epidemiology & Biostatistics was invited to work with Haven for Hope to build infrastructure to evaluate the program’s impact on the community, including its economic impact, and identify the best and optimal use of resources and services for its clients.
This program is led by Brad Pollock, M.P.H., Ph.D., professor and chairman of the department, and Helen Parsons, M.P.H., Ph.D., assistant professor. Working with Haven for Hope, they bring together a multidisciplinary team of evaluators, health services researchers and informatics experts to help develop a scientifically rigorous approach to identifying the best resources and services to positively influence the lives of the homeless population.
Through innovative partnerships and support from generous donors, the Health Science Center continues to seek ways to expand educational, research and community initiatives for the betterment of the community.
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