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Stories

Stories

24 May 2017

David G. Bradley, MBA 1977

2017 Alumni Achievement Award Recipient
Re: David Bradley (MBA 1977); By: Susan Young
Topics: Career-AwardsCareer-Managing CareersResearch-AnalysisEducation-Business EducationInformation-Journals and Magazines
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TIMELINE
1953 Born, Washington, DC
1975 Earns BA, Economics and History, Swarthmore College
1977 Earns MBA
1977 Receives Fulbright Scholarship to the Philippines
1979 Founds Research Counsel, precursor to ABC & CEB
1983 Earns JD, Georgetown Law
1994 Establishes Advisory Board Foundation, precursor to CityBridge Foundation
1997 Purchases National Journal
1999 Corporate Executive Board (CEB) IPO
1999 Purchases the Atlantic
2001 Advisory Board Company (ABC) IPO
2011 Helps free American hostages in Libya, held by Ghaddafi forces
2012 Founds Quartz
2016 The Atlantic awarded Magazine of the Year

Chairman, Atlantic Media

David Bradley sits at an Arlington, Virginia, diner, his papers spread out in front of him. Dapper and courteous, he evokes a different era as he takes notes on index cards. The laptop on the banquette serves as a clue that the year is 2017, providing evidence that while Bradley’s manner may be from a bygone age, he’s firmly planted in the 21st century.

When Bradley was just 26, he founded a legislative and regulatory research business. “I’d done nothing but study at that point,” says Bradley, who launched the Research Counsel while earning a law degree at Georgetown, “so I was comfortable with research.” As he pitched his services to companies in need of legal advice, he refined and expanded his business plan to focus on research in the financial services, health care, and corporate sectors. Over the next 20 years Bradley built and led the enormously successful firms that emerged: the Advisory Board Company (ABC) and the Corporate Executive Board (CEB).

In 1999, having sold CEB, Bradley purchased the Atlantic, the monthly magazine that has explored American ideas since it was founded in Boston in 1857. At the time, print media was rapidly losing ground to its electronic competition, but Bradley was undeterred. “The happiest day of Mort Zuckerman’s career was the day I bought the Atlantic from him,” says Bradley with a laugh, noting that he was determined to save the magazine from its financial freefall.

“The irony was that the thing ruining journalism—the Internet— came to our rescue,” says Bradley, who built an online presence that was profitable and complemented the print version, without sacrificing the quality and relevance that readers had come to expect. He has since expanded Atlantic Media to include several print and electronic brands.

“David understands that he’s not merely the owner of a media company. He is the steward of a great American institution,” says Jeffrey Goldberg, a writer who Bradley doggedly recruited to the magazine and then promoted to editor in chief. “He sees the role of the owner as setting general guidelines and hiring the right people to carry out the mission.”

“My one talent is an ability to spot talent,” Bradley claims. While he certainly has deep reserves of other talents— creativity, perseverance, and business smarts, to name a few—Bradley clearly has a knack for recruiting and retaining the right people. And just as he does in all aspects of his life, he brings his natural bias for information-gathering to the task of hiring. “I don’t believe in 51/49 decisions,” he says. “You want to wait until you are at 90/10.”

“The Atlantic would never have made it out of the ditch if the Internet hadn’t come along.”
“The Atlantic would never have made it out of the ditch if the Internet hadn’t come along.”

That leave-no-stone-unturned approach is a core principle that has guided Bradley’s life. It also facilitated the release of journalist Clare Gillis, a freelancer who had worked for the Atlantic and was held hostage in Libya in 2011. Bradley gathered interested parties—Gillis’s parents, journalists, lawyers—to brainstorm how they could help, and their initial success led him to bring together other families of hostages to strategize, collaborate, and support each other. While the outcomes have often been devastating, the families remain close. “It is a shared experience,” says Bradley, noting that one mother called him “our Schindler,” a compliment that still brings tears to his eyes.

Among those often at the table brainstorming solutions with Bradley is his wife, Katherine. During their 30 years of marriage, the Bradleys have raised three sons, partnered to support public education in Washington, spent summers building a family treehouse, and regularly welcomed visitors to their Kalorama home for salon-style conversations. While David Bradley’s ambitions for the first 40 years of his life were to enter politics, he is now at peace with the fact that public office is not his calling. That peace is buoyed by his success as an entrepreneur, media magnate, philanthropist, father, and husband.

Photo by Susan Young

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David Bradley
MBA 1977

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