She was educated at Saint Patrick School, the Academy of Saint Elizabeth, Marymount College, Tarrytown, and undertook graduate studies at both the University of London and the Wharton School at the University of Pennsylvania.
Supervisor network commercial schedule ABC, New York City, 1963-1966. Director alumnae relations Marymount College, Tarrytown, 1966-1969. Account executive Myers-Infoplan International Incorporated, New York York City, 1969-1971.
Director communications Presidential Election Committee, Washington, 1971-1972. Assistant to chairman and press secretary Presidential Inaugural Committee, 1972-1973. Director Office of Public Affairs, Environmental Protection Agency, 1973-1974.
Government relations & communications executive Union Carbide Corporation, New York City and Washington, 1974-1977. Public affairs, issues management counseling McLaughlin & Company, 1977-1981. Assistant secretary for public affairs United States Department Treasury, Washington, 1981-1984.
Under secretary United States Department Interior, 1984-1987. Consultant Center Strategic and International Studies, 1987. Secretary United States Department Labor, 1987-1989.
Visiting fellow Urban Institute, 1989-1992. President, Chief Executive Officer New American Schools Development Corporation, 1992-1993. Retired, 1993
Member defense advisory committee Women in the Services, 1973—1974.
Member American Council Capital Formation, 1976—1978. Member environmental education task force Department of Health, 1976—1977. Chair President's Commission Aviation Security and Terrorism, 1989—1990.
Board directors Kellogg Company, Host Hotels & Resorts, Inc., American Airlines, The Automated Meter Reading Corporation, Harman International Industries, Inc., Vulcan Materials Company, 1990—2004, since 2007, Fannie Mae, 1994—2006, Microsoft Corporation, 2000—2006. President Federal City Council, 1990—1995. Vice-chair Aspen Institute, 1996, chair, 1996—2000.
Chairman board trustees Research and Development Corporation.
She currently serves as a member of the board of directors of several companies, including Fannie Mae, Vulcan Materials Company, and the Kellogg Company, and from 2004-2009 served as chairman of the Research and Development Corporation board of trustees.
Married John McLaughlin, 1975 (divorced 1991). Married Tom Chris Korologos, December 9, 2000.