Mr. Donahue joined the company in 1972 as a part-time law clerk, a year after graduating from Princeton University with a history degree. He went full time in 1974 after earning a law degree at the University of Pittsburgh. Mr. Donahue was named president and chief operating officer in 1993 and president and CEO in 1998.
He is one of 13 children of John and Rhodora Donahue, who have made their Catholic faith the center of their family, which includes 84 grandchildren and 69 great-grandchildren. John Donahue, 88, who co-founded Federated in 1955 with two Central Catholic classmates, is the company's chairman.
Catholicism's influence is evident in the work Donahue family members do.
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