Spectrum Volume 20 Issue 24 - March 19, 1998
"Developing Leadership Skills and Entrepreneurial Abilities," the topic of the Outstanding Alumni Speakers Series presentation March 24 at Virginia Tech, is a subject William H. Daughtrey Jr. knows from experience.
Daughtrey, an alumnus of the College of Arts and Sciences, will speak at 7:30 p.m. in Squires Colonial Hall, with a reception following in the Williamsburg Room. The talk is part of the university's 125th-anniversary celebration.
Daughtrey was a recipient of Virginia Tech's 1997 University Distinguished Achievement Award. He worked at Price Waterhouse before becoming a partner with Coopers & Lybrand. He now is president and chief executive officer of Princeton Associates of Richmond, which he founded in 1990.
Princeton Associates specializes in transforming companies in distress into successful business ventures. Through that firm, Daughtrey has directed numerous highly successful "turnarounds" in manufacturing and wholesale-distribution companies.
Daughtrey's association with Virginia Tech started early when, as a teenager, he lived on "Faculty Row" with the campus as his back yard. His father, who was with the Virginia Tech Cooperative Extension Service and who demonstrated the importance of helping others, was a major influence in Daughtrey's life. Daughtrey went on to receive B.S. and M.S. degrees in physics from Virginia Tech and now serves as a member of the College of Arts and Sciences Dean's Roundtable, an advisory group of alumni and friends of the college. He is also a member of the Board of Directors of the Virginia Tech Foundation.
In 1996, he set up the Daughtrey Scholar Program to provide opportunities in the last two years of undergraduate study for students who wish to use their talent and leadership to make a significant contribution to society. The scholarship provides, in addition to funding during the last two years of school, an opportunity for "an exemplary educational experience anywhere in the world" during the summer between the junior and senior years. The first recipient, for example, used the funds to attend a major soccer camp for youth in Bolivia with the goal of eventually, after law school, creating camps to help youth.