Career
McCarthy graduated from College of Saint Benedict/Saint John"s University in Collegeville, Minnesota. In 1986 he co-founded McCarthy Group, Limited Liability Company, with Rich Jarvis. He is responsible for the management of McCarthy Group and chairman of the underwriting committee.
McCarthy was a director of High-Dose-Rate, Incorporated. and Streck.
McCarthy serves on the board of directors for several nonprofit community organizations. They include the Omaha Community Foundation, Heritage Services, Incorporated., Joslyn Art Museum, and Creighton University.