Mr. Donahue, 56, serves as president and CEO of Federated Investors, Inc., one of the nation’s largest investment management and financial services companies with over $200 billion in assets. As president and CEO, he develops the firm’s long-term strategies and goals and indirectly oversees the investment management and research, sales and marketing and administrative functions from company headquarters in Pittsburgh. He is also president and director of most of Federated’s global, international, and domestic equity mutual funds and international and domestic fixed-income funds.

In his years with Federated, which was founded in 1955, Mr. Donahue has held a number of executive positions. Mr. Donahue joined Federated in 1972 as a law clerk and in 1974 served as associate corporate counsel in Federated's Legal Department. He also spent several years selling cash management services to bank trust clients. In the 1980s, he served as head of the bank proprietary marketing effort, the Internal Audit Department and Federated Insurance Operations. From 1990 to 1993, he served as president of Federated Administrative Services. Since 1993, Mr. Donahue served as president and chief operating officer until being named to his current position in April 1998.

Mr. Donahue graduated from Phillips Academy in 1967, Princeton University in 1971 and the University of Pittsburgh School of Law in 1974. He is a member of the Allegheny County Bar Association, Pennsylvania Bar Association and Florida Bar Association. He is also a member of the Chief Executives Organization, The World Presidents’ Organization, The Lumen Institute, Saint Vincent College Board of Directors, Allegheny Conference on Community Development, The Extra Mile Education Foundation, World Affairs Council and Pittsburgh Downtown Partnership.