Bachelor cum laude, Harvard University, 1964. Master of Business Administration, Harvard University, 1967. Doctor of Science (honorary), Harvard University.
Deputy assistant secretary United States Department Health, Education & Welfare, Washington, 1971-1972. Assistant to secretary United States Department Defense, 1973. Special assistant to attorney general United States Department Justice, 1973.
Fellow Woodrow Wilson International Center for Scholars, 1974. Principal, director International Coach Federation, Inc., 1975, 77-80. Assistant secretary United States Department Commerce, 1976-1977.
Lecturer public policy and management Harvard University, 1977-1980. Executive director Ronald Reagan White House Transition Team, 1980—1981. Assistant to President The White House, Washington, 1981-1985.
Deputy secretary United States Department Treasury, 1985-1987. Managing director Shearson Lehman Hutton Incorporated, New York York City, 1987-1988. Director Office Management & Budget Executive Office of the President, Washington, 1989-1993.
Professor John F Kennedy School Government Harvard University, 1998—2002. Partner The Carlyle Group, 1993—2008. Chairman board director Advanced Encryption Standard Corporation, Arlington, Virginia, 2003—2008.
Board directors Frontier Ventures Corporation, 1993—2008.
Trustee Bennington College, 1974—1975, The Brookings Institute, 1987—1988, Howard Hughes Medical Institute, 2005—2008. Board directors Smithsonian National Museum American History, 2000—2008, vice chairman board, 2003—2005, chairman board, 2005—2008. Trustee NATIXIS Funds, 1996—2008, Loomis Sayles Funds, 2003—2008.
Member overseers committee to visit Kennedy School Government Harvard University, 1988—1998, 2003—2008, Harvard Medical School, 1994—1999. Director Matha's Vineyard Museum, 2007—2008.
Married Kathleen Emmet, September 1, 1967. Children: William Temple Emmet, Jonathan Warren Emmet, Christopher Temple Emmet.