William G. McGowan (December 10, 1927 – June 8, 1992) was an American entrepreneur, and founder and chairman of MCI Communications. He played an important role in the breakup of AT&T while growing MCI into US$9.5 billion in revenue entity that controlled 16% of the American domestic and international long distance market.
McGowan was born in Ashley, Pennsylvania, the third of five children. After graduation from high school he joined the US Army and served as a medic for two and a half years. After an honorary discharge from the military he attended King's College, Pennsylvania and received a degree in chemical engineering. He then attended Harvard Business School, graduating in 1954. After graduation from Harvard, McGowan began operating a consulting firm that specialized in rescuing troubled companies in the garment district of New York City. After a year of operation, his consulting agency branched out into venture capital. In the role of venture capitalist, McGowan dealt with firms developing ultrasonic cleaning technology and electro-mechanical devices.
In 1968, McGowan was contacted by MCI due to his expertise in raising venture capital. Based on this contact, he made a US$50,000 investment in the fledgling business and was made chairman of Microwave Communications of America, a predecessor to MCI Communications. In his role as chairman, McGowan raised capital for the growing company and set up fifteen of the seventeen regional carriers that would form the basis of MCI's initial communications network. In 1971, he executed a reorganization of Microwave Communications of America and its seventeen subsidiaries to form MCI Communications.