Alan B. Miller ’58 to Retire as CEO of Universal Health Services
The Mason School celebrates the 63-year professional legacy of the William & Mary alumnus, business school benefactor, and namesake of Miller Hall and the Alan B. Miller Entrepreneurship Center
Alan B. Miller, William & Mary ’58 retired in late January after four decades of service as the CEO of Universal Health Services (UHS). Miller, who made the announcement during a fall 2020 board meeting, will remain executive chairman of the UHS Board of Directors, and will continue to run Universal Health Realty Income Trust and UHS operations in the United Kingdom.
Miller’s contributions to the William & Mary community are numerous and contribute to a lasting legacy. In addition to serving as the namesake for Miller Hall, the home of the Raymond A. Mason School of Business, his advocacy of entrepreneurship in business is recognized through the Alan B. Miller Entrepreneurship Center which also supports the university’s $1.13 million hub at Tribe Square operating in conjunction with the region’s business incubator, Launchpad.
“Alan’s vision and support for our business school have truly helped make us ‘investment grade’ and positioned among the top 50 business schools in the country, including most recently our MBA program’s ranking in the top 50 in the nation and the world for entrepreneurship,” said Dean Larry Pulley.
In addition to formerly serving as a trustee on William & Mary’s Endowment Fund, Miller is a William & Mary Alumni Medallion recipient, a Raymond A. Mason School of Business Clarke Medallion recipient, and he was awarded a William & Mary Honorary Degree of Doctor of Public Service at Commencement in 2014.
A Brooklyn, New York native, Miller transferred to William & Mary from the University of Utah to play basketball for the Tribe. Following his graduation in 1958, Miller commissioned as a lieutenant in the United States Army and served in the 77th Infantry Division. He earned his MBA from the Wharton School of the University of Pennsylvania. Prior to his current role, he was the Chairman and CEO of American Medicorp, Inc., a hospital management company.
Miller is the second-longest serving CEO in the S&P 500 after Warren Buffet of Berkshire Hathaway. He founded UHS in 1979 with just six employees. Today, the company has 90,000 employees and operates nearly 400 facilities in 37 states, Puerto Rico, and the UK. UHS is one of the largest providers of hospital and healthcare services in the nation with annual revenues exceeding $12 billion.
Forbes named Miller to “America’s Most Innovative Leaders” list and he was named for 17 consecutive years by Modern Healthcare as one of the “100 Most Influential People in Healthcare”. Miller’s business and charitable contributions have been recognized, most recently in 2019 by the Ben Franklin Global Forum, which honored him with the Distinguished Civilian Award for UHS’s Patriot Support Program that provides behavioral healthcare for active-duty military, veterans, and their families. Miller has also named the theatre in the Museum of the American Revolution in Philadelphia. The theatre houses George Washington’s original tent, in which Washington lived and worked for seven years. In addition to his work with the business school, Miller also funded the construction of the campus recreational basketball gymnasium, and established liberal arts and basketball scholarships.
“To my mind, his main legacy and contribution to the world is of course Miller Hall, but he has not done too shabbily in business either,” said Pulley. “I congratulate Alan on all that he has accomplished in his career and for all the contributions he has made to the Mason School. I hope the Tribe will join me in congratulating Alan on his retirement, and on behalf of our entire business school community, I wish him the very best as he embarks on this next chapter.”
