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Friction started a board of directors' meeting in
January 2002, when the board, aware of the recent corporate scandals over executive compensation, rejected Cawley's suggestions regarding compensation. That October, Cawley was promoted to chief executive following Lerner's death, but by November,
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as a significant donor to Cawley's alma mater, Saint
Benedict's Preparatory School. He was so taken by Peace at an awards dinner during Peace's senior year at the school that Cawley paid for Peace's tuition to Yale, where Peace had been accepted.
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as an outside investigator to investigate work paid for by the company at two of Cawley's homes, which included the construction of a 16-car garage to showcase some of his classic cars, but ultimately reported no wrongdoing.
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In 1982, Cawley and a small team started what was then called the
Maryland Bank National Association, spun off from Maryland National Bank and operating out of a converted
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Cawley was honored with a Doctor of Humane
Letters by the University of Maine for his efforts in establishing the Northeast Regional Marketing Center in
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in the early 1990s. This marked a tie to Cawley's past, as his grandfather had once operated dress factories in Camden and nearby
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U.S. Business Hall of Fame in 2005. He died at his home in Camden, Maine on
November 18, 2015, at the age of 75.
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201:. Cawley was also familiar with the Camden area because he had spent summers nearby at his family's
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The Short and Tragic Life of Robert Peace: A Brilliant Young Man Who Left Newark for the Ivy League
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326:"Expired: How a Credit King Was Cut Off; Co-Founder of MBNA Meets an Anxious Board, And Loses"
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Cawley was so frustrated with the board's rejection of his demands that he decided to retire.
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MBNA went public in
January 1991. Cawley focused on the operations side of the company while
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133:(August 15, 1940 – November 18, 2015) was a businessman and founding member of the bank
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176:, the chairman and CEO, managed the company's finances. In 1997, the company hired
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supermarket in
Ogletown, Delaware. The next year, Cawley began upon the concept of
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286:"MBNA founder Charles Cawley delivers inaugural UD Presidential Lecture"
137:. Born in Massachusetts, he was raised in New Jersey, was educated at
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350:"Charles Cawley honored with Doctor of Humane Letters degree"
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alumni association to sponsor a credit card for its members.
410:. First Scribner hardcover edition. Scribner, 2014.
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16:For the British civil engineer and politician, see
145:. He created MBNA in 1982, and it was acquired by
324:Bergman, Lowell; McGeehan, Patrick (2004-03-07).
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243:The Short and Tragic Life of Robert Peace
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356:. University of Maine. Archived from
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457:20th-century American businesspeople
220:Cawley made political donations to
139:Saint Benedict's Preparatory School
78:Saint Benedict's Preparatory School
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268:"Markell: Cawley was a 'pioneer'"
452:People from Lincolnville, Maine
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208:Cawley was inducted into the
437:Georgetown University alumni
97:Financial services executive
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380:"Obituary: Charles Cawley"
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447:People from Camden, Maine
442:Businesspeople from Maine
292:. University of Delaware
240:Cawley is mentioned in
165:when he persuaded the
141:and was a graduate of
131:Charles Michael Cawley
47:Beverly, Massachusetts
167:Georgetown University
163:affinity credit cards
143:Georgetown University
88:Georgetown University
18:Charles Edward Cawley
274:. 18 November 2015.
388:. 12 December 2015
210:Junior Achievement
203:Lincolnville Beach
354:Hutchinson Center
226:George H. W. Bush
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102:Years active
58:November 18, 2015
27:Charles M. Cawley
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84:Alma mater
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62:(aged 75)
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390:. Retrieved
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362:. Retrieved
358:the original
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333:. Retrieved
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294:. Retrieved
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236:Philanthropy
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124:Julie Murphy
60:(2015-11-18)
432:2015 deaths
427:1940 births
392:11 December
364:21 November
296:21 November
178:Kroll, Inc.
113:Founder of
421:Categories
335:2014-06-06
251:References
94:Occupation
39:1940-08-15
222:Joe Biden
189:Post-MBNA
149:in 2006.
105:1963–2003
74:Education
216:Politics
205:estate.
199:Belfast
159:A&P
290:UDaily
121:Spouse
68:, U.S.
49:, U.S.
394:2015
366:2010
298:2010
228:and
153:MBNA
135:MBNA
115:MBNA
55:Died
33:Born
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306:^
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37:(
20:.
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