Patrick S. McGonigal Establishes Scholarship Fund at LeBow College of Business

Patrick S. McGonigal ’86 believes his Drexel education was “the biggest differentiator” for his career success. A strong proponent of giving back, he has established a scholarship fund at his alma mater, the Bennett S. LeBow College of Business.

McGonigal grew up in Philadelphia and graduated from Father Judge High School. One of only two siblings—there were seven children in his family—to attend a university, he thinks that for those not born into wealth, education is paramount to advancement in the United States.

“For me, education was transformative,” McGonigal says, “and I want to share that gift. I am lucky enough to be able to make the commitment to send all 22 of my nieces and nephews to college, and I think it is the best possible gift I could ever give them.”

He had a well-rounded college experience at Drexel, participating in a range of academic and social functions. He was named Outstanding Senior in Finance, received a Becker CPA Review scholarship, and was vice president of the Accounting Society, but he also enjoyed playing intramural softball and hanging out with friends at the Creese Student Center.

After graduating from Drexel, McGonigal directed financial planning and auditing functions in progressively responsible roles at several high-profile organizations in the Philadelphia area, including Prudential Insurance Company, Almo Electronics, Bachow & Associates, and Price Waterhouse. As his career progressed, he served as vice president of finance for Magellan Specialty Health. He also has overseen finance, administrative, and human resource management as CFO of iHealth Technologies, an Atlanta-based provider of medical payment policy management services and automated solutions to healthcare insurers. McGonigal recently relocated to the Philadelphia area.

Although McGonigal maintains a busy schedule, he still balances personal and work life. Spending time with his children, Shawna and Colin, is a priority, and he refuels and refreshes by reading, running, and traveling.