Moglia’s latest venture a success
CONWAY, S.C. – Joe Moglia has another successful venture with Coastal Carolina football, one that could result in an FCS championship.
The one-time CEO of TD Ameritrade who returned to his first love – coaching – has the Chanticleers undefeated at 7-0 and No. 3 in the Football Championship Subdivision coaches’ poll. Moglia’s club has won 13 of its past 14 games the past two seasons.
The 64-year-old coach didn’t expect things to click in just his second season but said his players have bought into his philosophy: Football’s more than simply what’s accomplished between the lines.
“They started to see what we were talking about started to make sense and the process we go through sort of makes sense,” Moglia said. “Probably the middle of last season is when they bought in. I think in most programs that takes two solid seasons. For us it took less than a year. That was a tremendous step in the right direction.”
The Chants (7-0, 2-0 Big South) look to continue their run today against VMI (1-6, 0-2).
It’s hard to see Moglia losing at anything he puts his mind to. He won a pair of Ivy League championships as Dartmouth defensive coordinator in 1982 and 1983 before moving into the financial world to spend more time with family.
Moglia spent 17 years at Merrill Lynch before moving to TD Ameritrade, where he steered the company to success from 2001-08 despite a shaky economy.
“We went from a market cap of $700 million to more than $10 billion,” Moglia said with pride.
Moglia, though, still had the itch to coach college football and gave up his business life to return to the sideline. He was hired by Nebraska coach Bo Pellini as an executive adviser, breaking down opponents and dealing with many aspects of the Cornhuskers program.
“I will be forever grateful to Bo for that,” Moglia said.
After a year with the UFL’s Omaha Nighthawks, Moglia felt ready to run his own show, but was unsure he’d get any interest from college presidents who might see hiring him as too great a risk. Moglia said he found a like-minded leader in Coastal Carolina president David DeCenzo, who hired him in December 2011.
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