M. Peter McPherson

McPherson served as president of the Association of Public and Land-grant Universities (APLU), the nation's oldest higher education association from 2006 to 2022. During his tenure, McPherson has expanded the association's federal advocacy and worked on efforts aimed at boosting degree completion, enhancing transparency and accountability, strengthening university's research enterprise, and expanding community and economic engagement. He retired on September 1, 2022.

McPherson spearheaded the creation of APLU's Powered by Publics: Scaling Student Success initiative, which launched in November 2018. The effort is convening 130 change-ready institutions within 16 “transformation clusters” – reaching 3 million undergraduate students, including 1 million Pell Grant recipients. The effort is aiming to increase college access, eliminate the achievement gap, and award hundreds of thousands more degrees by 2025. It represents the largest-ever such collaborative work. APLU is broadly sharing lessons from the collaboration to help spur student-centered transformation across the sector.

Another focus of McPherson's leadership has been the expansion of community and economic engagement efforts. In 2013, APLU launched the Innovation and Economic Prosperity (IEP) Designation and Awards program to recognize universities that are leaders in spurring and promoting regional economic development. Participating institutions complete a rigorous self-study process and earn the IEP designation if enough benchmarks are met. More than 60 universities have received the designation.

In February 2007 Dow Jones & Co. named McPherson chairman of the company during its annual shareholding meeting on April 18. McPherson replaced Peter Kann who earlier had announced his retirement. McPherson had served as an independent director of Dow Jones since 1998.

The Financial Times reported on December 13, 2007 that McPherson led the final annual meeting of Dow Jones where stockholders voted to approve the $5 billion sale of the 125-year-old company including the Wall Street Journal to Rupert Murdoch's News Corp. "I know I speak for so many today when I say that this has been a difficult—and for many—a sad set of discussions," said McPherson, offering "great expectations and hopes" for the future.

McPherson has also championed a range of transparency and accountability efforts. In 2007, he led APLU's role in co-founding the Voluntary System of Accountability – which was designed to enable institutions to demonstrate their voluntary commitment to publishing access, cost, and student outcomes measures for the benefit of the public, prospective students, and lawmakers. The VSA has since evolved into a data analytics tool for universities to improve their strategic planning and decision making. Building on those efforts, APLU co-founded the Student Achievement Measure (SAM) in 2014 to provide a more complete understanding of student success at universities. SAM was created to address flawed federal education data that only counts first-time, full-time students who receive federal financial aid.

During his tenure as President of MSU, the school's international undergraduate study program became the nation's largest. McPherson also gets credit as the only president of a major university to keep tuition at the rate of inflation through a Tuition Guarantee plan. He led a $1 billion capital fund-raising campaign and brought a private law school to the 45,000-student campus. He developed the idea and was a leader of the Michigan Life Sciences Corridor that provided grants for research and commercialization of intellectual property. McPherson officially retired from MSU at the end of 2004.

McPherson took a five month leave of absence as President of MSU in 2003 to serve as the Director of Economic Policy for the Office of Reconstruction and Humanitarian Assistance in Iraq, where he reopened the countries banks, helped establish a central bank and helped put in place develop a new currency. In August, 2004, McPherson was among five recipients presented with the Distinguished Service Award by U.S. Treasury Secretary John Snow for his service in Iraq.

McPherson was appointed in 2002 by President George W. Bush as the chairman to the Board for International Food and Agricultural Development (BIFAD). BIFAD advises USAID on the topics of food and agricultural safety in the developing world. He was succeeded in 2007 by Robert Easter.

In 1993 he was selected to become President of Michigan State University from 171 publicly identified candidates, effective October 1.

McPherson served as Deputy Secretary of the U.S. Treasury Department from 1987 to 1989. At Treasury, he was one of the three U.S. negotiators in the final weeks for the U.S.-Canada Free Trade Agreement in 1988.

He served as administrator of USAID from 1981 to 1987 where he led the U.S. response to the Great Famine in Africa in 1984–85. During that famine, the U.S. delivered 2 million tons of food to Africa in a 12-month period. With UNICEF, he and USAID led the worldwide effort to deal with diarrhea and dehydration, then the biggest killer of children in the developing world. This involved massive increase in the use of Oral Rehydration Therapy (ORT) and saved millions of lives: "At AID, you learn the process of deciding as a group large issues," McPherson said. McPherson's interest in world humanitarian and agricultural issues has made a difference for millions of people. While administrator of USAID he was also chair of the board of the Overseas Private Investment Corporation. McPherson is also widely considered one of the most effective administrators of USAID.

In November, 1980 he was named General Counsel to the Reagan-Bush transition.

After law school, he worked for the Internal Revenue Service, where his specialty was international taxation. He joined the administration of fellow Michigander Gerald Ford in 1975 as special assistant to the President and Deputy Director, Presidential Personnel Office. Dick Cheney was White House Chief of Staff.

His public service career began as a Peace Corps volunteer in Peru, where during 1964 and 1965 he spent 18 months in Lima running a food distribution program and setting up credit unions. He called the experience a defining moment and said his experience in the Peace Corps helped him learn how to adapt. "When I was a Peace Corps volunteer, it was just a different culture," McPherson said. "I found I couldn't be a gringo and be effective. It's just a matter of asking people what they want to get done, finding out what the formal and informal rules are and figuring out ways to do things differently, while doing practical work in that environment. But that process was a challenge."

McPherson was born in Grand Rapids, Michigan. McPherson received his undergraduate degree from Michigan State University in 1963. Returning from the Peace Corps, McPherson earned a master's in business administration from Western Michigan University in 1967 and a law degree from American University in Washington in 1969. McPherson and his wife, Joanne, have four children and seven grandchildren.

Melville Peter McPherson (born October 27, 1940) is president emeritus of the Association of Public and Land-grant Universities. He previously served as a special assistant to President Gerald Ford, administrator of USAID under President Ronald Reagan, Deputy Secretary of the U.S. Department of Treasury, President of Michigan State University from 1993 to 2004, and Chairman of Dow Jones.