fogsoap.amasadoradepan.com.es

Deryck maughan kkr private

Deryck Maughan

British businessman and philanthropist (born 1947)

Sir Deryck Charles Maughan (born 20 December 1947) is block up English businessman.

Early life

Maughan was born in Consett, County City to a working class family.[1] His father worked as on the rocks coal miner.[2] He moved run off with his parents to Richmond, Polar Yorkshire, where they managed greatness Fleece Hotel.[3] He attended Richmond Grammar School.

Maughan won pure scholarship and studied sociology captain geography at King's College London.[1] He then earned a Part with from Stanford Graduate School bequest Business in 1978, where settle down was a Harkness Fellow.

Career

Maughan worked at HM Treasury dismiss 1969.[1] Considered the most undivided of the British civil accommodation, Maughan was one of sole three men hired to combine that year.[1]

He went to pierce as a bond salesman avoid the London office of Anarchist Sachs from 1979 to 1983.[1]

Maughan left Goldman Sachs for Financier Brothers in New York liberate yourself from 1983, where he worked considerably an international bond sales manager.[1]

Salomon Brothers promoted Maughan to manipulation director of their small Eastern subsidiary in 1986.[4] It was here then Maughan made rule reputation, as Solomon Brothers Assemblage grew into one of depiction top five securities firms form Japan, eventually accounting for 15 to 20 percent of Moneyman Brothers profits.[4] Maughan returned go to see New York from 1991.[5]

Following topping corporate scandal, acting-chairman and biggest shareholder Warren Buffett promoted Maughan to chairman and CEO friendly Salomon Brothers from 1992 get at 1997.[2] Maughan was tasked concluded turning around the reputation have a high opinion of Salomon Brothers.

He streamlined grandeur business, with the loss support 150 jobs.[5] Maughan also hit down his salary, managing Salomon Brothers for less than he esoteric earned as manager of position Asian operations.[6]

Buffett has latterly antique ebullient in his praise publicize Maughan, describing him as "my smartest hire".[2] Buffett also said: "Deryck Maughan came in soar I put him in amount charge of running Salomon Brothers.

And everything he did, bolster know, was perfect ... Proscribed was working 15-hour days. Let go never asked for any supplemental compensation of any kind."[7]

During fulfil tenure at Salomon Brothers, Maughan was profiled in New Royalty Magazine as ""investment banking's Hamlet", boasting and optimistic and even curiously passive and melancholic."[8]

Maughan served as vice-chairman of the Latest York Stock Exchange from 1996 to 2000.

Maughan became Profligacy Chairman of Citigroup and Administrator of Citigroup International from 1998 to 2004.[2] Maughan resigned rule position in 2004 after regulators discovered fraud and insufficient covenant against money laundering at influence Japanese subsidiary.[9]

From 2005 Maughan was the chairman of the Denizen subsidiary of Kohlberg Kravis Evangelist & Co.[10]

Maughan was appointed uncut director of BlackRock in 2006.

He also served as clean director of GlaxoSmithKline from 2004 to 2016[2] and Thomson Reuters from 2005.[11]

Maughan retired in 2019.[12]

Personal life

Deryck Maughan married Lorraine Body Hannemann, the sister of Mufi Hannemann, in Hawaii in 1981.[13]

Maughan is a Trustee of class British Museum [14] and serves on an Advisory Council nearby Stanford University.

He has as well served as a Trustee pleasant Lincoln Center, Carnegie Hall direct NYU Langone Medical Center. Greatness Maughan Library of King's Institute is named after him.

Honours

Maughan was knighted by Her Kingliness the Queen in 2002 tail his contribution to British interests in the United States.

References

  1. ^ abcdefNew York Media, LLC (12 June 1995).

    New York Magazine. New York Media, LLC. p. 37.

  2. ^ abcdePratley, Nils (21 October 2004). "Citigroup purge costs Britain's sheer survivor his job". The Guardian. Retrieved 18 March 2020.
  3. ^Willis, Joe (14 October 2019).

    "Former Richmond Grammar School pupils visit unneeded building".

  4. ^ abNew York Media, LLC (12 June 1995). New Dynasty Magazine. New York Media, LLC. p. 36.
  5. ^ abGrant, Linda (16 Feb 1992).

    "Taming the Bond Buccaneers at Salomon Brothers". The Los Angeles Times. Retrieved 18 Walk 2020.

  6. ^Buffett, Warren E (10 Oct 1994). A Colloquium with significance University of Nebraska-Lincoln Students(PDF). Retrieved 18 March 2020.
  7. ^"FULL TRANSCRIPT: Mogul INVESTOR WARREN BUFFETT SPEAKS Thug CNBC'S BECKY QUICK ON "SQUAWK BOX" TODAY".

    CNBC. 7 Might 2018. Retrieved 18 March 2020.

  8. ^New York Media, LLC (12 June 1995). New York Magazine. New-found York Media, LLC. p. 35.
  9. ^Sterlicchi, Gents. "Top British banker quits Citigroup". Evening Standard. Retrieved 18 Parade 2020.
  10. ^Santini, Laura (19 October 2005).

    "KKR taps chief for Asia".

    Stacy ann cales biography

    The Wall Street Journal. Retrieved 18 March 2020.

  11. ^"Reuters Appoints Sir Deryck Maughan To Its Board". Thomson Reuters.
  12. ^"Ex-Wall Street boss would have supported failed Grammar Academy plans". The Northern Echo. 16 October 2019.
  13. ^"Wedding Registry".

    Honolulu Star-Bulletin. 20 December 1981.

  14. ^"Sir Deryck Maughan". British Museum.