W. Don Cornwell joined the board of directors of The Wallace Foundation in 2001.
Cornwell retired as chairman and chief executive officer of Granite Broadcasting Corporation in August 2009, a position he had held since the founding of the company in October 1988. Granite Broadcasting Corporation is a group broadcasting company headquartered in New York City. Granite owns and operates television stations in nine geographically diverse markets.
Mr. Cornwell’s career spans almost 40 years. He previously served as vice president Investment Banking Division of Goldman, Sachs & Co. While at Goldman Sachs, Cornwell was engaged in public and private financing and merger and acquisition transactions for publicly traded and privately owned companies, with a primary focus on consumer product and media companies. In addition to transaction responsibility, Cornwell served as the chief operating officer of the Corporate Finance Department from 1980-1988 where he was responsible for the day-to-day management of a staff of more than 150 professionals.
Currently, Mr. Cornwell serves on the boards of AIG, Pfizer Inc. and Avon Products, Inc. He is also a trustee of Big Brothers/Big Sisters of New York.