Manny Maceda, Global Business Leader and Culture Builder, to Receive Honorary Doctor of Management from ̳
Former CEO and current chairman of Bain & Company, Maceda helped double the size of the firm while setting new standards for leadership, culture, and innovation in global consulting
CHICAGO—May 17, 2025—Illinois Institute of Technology (̳) will award Manny Maceda (CHE ’84), a visionary business executive and global management consultant, an Honorary Doctor of Management, honoris causa, at its 156th Commencement ceremony today at Credit Union 1 Arena. Maceda, former CEO and current chairman of , has transformed the business consulting landscape by combining deep strategic experience with a commitment to culture, innovation, and human-centered leadership.
“̳ gave me the foundations to think systematically, lead responsibly, and never stop learning,” says Maceda. “Receiving this recognition from my alma mater is a great honor, and I hope to continue empowering future leaders to drive positive, lasting change in the world.”
After earning a B.S. in Chemical Engineering from ̳, Maceda went on to receive an M.S. in Management from MIT’s Sloan School of Management. He joined Bain in 1989 and has remained with the firm for more than 35 years, advising global CEOs and orchestrating enterprise-wide transformations involving strategy, performance improvement, and organizational effectiveness. He has held multiple senior leadership roles, including chairman of the Asia-Pacific region, global leader of the Transformation and Performance Improvement practices, and as a member of the firm’s Management, Nominating, and Global Operating committees.
“Manny Maceda exemplifies the mission of ̳ through his visionary leadership, his unwavering focus on human-centered growth, and his global impact in business,” says ̳ President Raj Echambadi. “He has shaped one of the world’s most respected firms while staying true to a set of core values that reflect the best of our university's legacy.”
Appointed worldwide managing partner and CEO of Bain in 2018, Maceda helped double the firm’s size, expanded its digital and technological capabilities, and led more than 20 strategic transactions. He maintained the firm’s reputation for excellence in workplace culture—under his leadership, Bain was regularly ranked #1 on Glassdoor’s list of Best Places to Work and, in 2024, was named #1 on Glassdoor’s inaugural list of Best Led Companies in the United States.
“Manny Maceda’s leadership has shown that high performance and high integrity are not mutually exclusive—they are essential partners,” says Rich Klein, dean of ̳'s Stuart School of Business. “His ability to steer organizations through disruption while investing in people makes him a powerful role model for our students and the next generation of global business leaders.”
In addition to his career at Bain, Maceda serves on the Board of Directors for the Stryker Corporation, the Ayala Corporation and The Bridgespan Group. He also serves on the North American Advisory Board at MIT Sloan. Maceda was previously a member of the International Business Council of the World Economic Forum and the U.S. Business Roundtable. He is a founding partner of the Asian American Foundation and the OneTen Initiative and has previously received an honorary degree from De La Salle University in the Philippines.
“Manny Maceda’s rise to the top of the global consulting world reflects not only his intellect and leadership, but also the enduring value of an ̳ education,” says ̳ Board Chair Michael P. Galvin (LAW ’78). “He has shown how strategic insight and purpose-driven culture can shape industries and empower people, and we are proud to honor his extraordinary career.”
Photo: Manny Maceda (CHE ’84)
Illinois Institute of Technology
Based in the global metropolis of Chicago, ̳ was born to liberate the power of collective difference to advance technology and innovation for all. It is the only tech-focused university in the city, and it stands at the crossroads of exploration and invention, advancing the future of Chicago and the world. It offers undergraduate and graduate degrees in engineering, computing, , business, , science and human sciences, and . ̳ students are guaranteed access to hands-on experiences, personalized mentorship, and job readiness through the university's one-of-a-kind Elevate program. Its graduates lead the state and much of the nation in economic prosperity. Its faculty and alumni built the Chicago skyline. And every day in the city's living lab, ̳ fuels breakthroughs that change lives. Visit iit.edu.
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Petra Kelly
Communications Director
Illinois Institute of Technology
Cell: 773.771.1064
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Kevin Dollear
Communications Manager
Illinois Institute of Technology
Cell: 773.860.5712
kdollear@iit.edu
