Who is John Thain? John Thain Biography and Wiki
John Thain is an American businessman, former Chairman of CIT Group, and investment banker. He was also the last chairman and chief executive officer of Merrill Lynch. He was also designated to become president of global banking, securities, and wealth management at the newly combined company.
However, he resigned on January 22, 2009. CEO of Bank of America. He is currently a board member of Uber appointed by former Uber chief executive officer Travis Kalanick on September 29, 2017. Before he came to Merrill, Thain had been the CEO of the New York Stock Exchange from January 2004 to December 2007.
He also worked at Goldman Sachs, as head of its mortgage securities division from 1985 to 1990, and president and a co-chief operating officer from 1999 to 2004. The deal valued the brokerage at $50 billion.
Thain was expected to be president of global banking, securities and wealth management, a new division at Bank of America, to oversee its corporate and investment bank and most of the wealth management business.
John Thain Age
John is 65 years old as of 2020, he was born on May 26, 1955, in Antioch, Illinois, United States. He celebrates his birthday on May 26, every year, and his birth sign is Gemini.
John Thain Height and Weight
John stands at an average height and moderate weight. He appears to be quite tall in stature in his photos, relative to his surroundings, which are anything to go by. However, details regarding his actual height and other body measurements are currently not publicly available. We are keeping tabs and will update this information once it is out.
John Thain Education
John earned a bachelor’s degree in electrical engineering from MIT in 1977 and an MBA from Harvard Business School in 1979. While attending MIT, John joined the Delta Upsilon fraternity. He is active in social work and worked as a gala co-chair for a Publicolor event in New York City that honored Rick Segal, Publicolor’s former board chair.
John Thain Parents, Family and Siblings
John was born in Antioch, Illinois. His father, Alan, was a doctor on the town’s redbrick Main Street who has since handed his practice on to Thain’s two brothers, Dennis and Robert, both general practitioners.
John Thain Wife, Is He Married?
John Thain is happily married to his lovely spouse, Carmen Thain. Nevertheless, this information is currently under review and will be updated once we get the identity of John’s partner.
John Thain Children
John and his beautiful partner, Carmen are proud parents of three children, two daughters and one son, Alex Thain, Victoria Thain, and Nicole Thain.
John Thain Net Worth
John has an estimated Net Worth of $100 million dollars as of 2020. This includes his Assets, Money, and Income. His primary source of income is his career as a businessman. Through his various sources of income, Thain has been able to accumulate a good fortune but prefers to lead a modest lifestyle.
John Thain Measurements and Facts
Here are some interesting facts and body measurements you should know about John Thain.
John Thain Bio and Wiki
- Full Names: John Thain
- Popular As: Thain
- Gender: Male
- Occupation / Profession: Businessman
- Nationality: American
- Race / Ethnicity: White
- Religion: Christian
- Sexual Orientation: Straight
John Thain Birthday
- Age / How Old?: 65 years (2020)
- Zodiac Sign: Gemini
- Date of Birth: May 26, 1955
- Place of Birth: Antioch, Illinois, United States
- Birthday: May 26,
John Thain Body Measurements
- Body Measurements: Not Available
- Height / How Tall?: Average
- Weight: Moderate
- Eye Color: Drak Brown
- Hair Color: Dark Brown
John Thain Family and Relationship
- Father (Dad): Alan
- Mother: Not Known
- Siblings (Brothers): Dennis and Robert
- Marital Status: Married
- Wife/Spouse: Married to Carmen Thain
- Children: Son (Alex Thain) Daughter(s) (Victoria Thain, Nicole Thain)
John Thain Networth and Salary
- Net Worth: $100 million dollars
- Salary: Under Review
- Source of Income: Businessman
John Thain House and Cars
- Place of living: To be Updated
- Cars: Car Brand to be Updated
John Thain Uber
Thain is also a current member of the board of directors of Uber who was appointed by the former Chief executive officer Travis Kalanick on September 29, 2017. However, this information will be updated soon. Uber Technologies is an American multinational transportation network company (TNC).
It offered services that include peer-to-peer ridesharing. The company is also based in San Fransico and has operations in over 785 metropolitan areas worldwide. Its platforms can be accessed via their websites and mobile apps. It’s estimated to have 110 million worldwide users. It has been so prominent in the sharing economy that the changes in industries as a result of it.
John Thain Merrill Lynch
There are no current details about the association between Thain and Merrill Lynch. But Merrill, legally Merrill Lynch, Pierce, Fenner & Smith Incorporated and previously branded as Merrill Lynch is an American investing and wealth management division of Bank of America. Along with BofA Securities, the investment banking arm, both firms engage in prime brokerage and broker-dealer activities.
John Thain Pine Island
John has 40 years of experience in the financial services sector and has held multiple senior leadership positions at some of the world’s largest financial institutions. Most recently, he served as CEO and Chairman of CIT Group where he successfully led the firm out of bankruptcy protection, lowered the firm’s funding costs, improved returns, and grew CIT to more than $50 billion in assets.
Prior to CIT, Thain was the last CEO and Chairman of Merrill Lynch before orchestrating a sale to Bank of America at the height of the financial crisis. He was also CEO of the New York Stock Exchange, where he led the NYSE through successful mergers with Archipelago Holdings and Euronext to create the world’s largest and most liquid exchange group and spent nearly 25 years at Goldman Sachs, where he served as President, Co-COO, CFO, and Head of Operations, Technology and Finance.
John Thain 740 Park Avenue
John Thain Cit Group
After he led a year’s long turnaround of the CIT Group, Thain stepped down from that role on March 31, as the firm continued on its path toward becoming a full-fledged commercial bank. That transition was cemented this summer when the firm completed its acquisition of OneWest, a California retail bank.
He announced that he would be succeeded by Ellen R. Alemany, a current board member who previously led the Royal Bank of Scotland’s businesses in the Americas and also held various titles at Citigroup.
Frequently Asked Questions About John Thain
Who is John Thain?
John Thain is an American businessman, former Chairman of CIT Group, and investment banker. He was also the last chairman and chief executive officer of Merrill Lynch. He was also designated to become president of global banking, securities, and wealth management at the newly combined company.
How old is John Thain?
John is 65 years old as of 2020, he was born on May 26, 1955, in Antioch, Illinois, United States. He celebrates his birthday on May 26, every year, and his birth sign is Gemini.
How tall is John Thain?
John stands at an average height, he has not shared his height with the public. His height will be listed once we have it from a credible source.
Is John Thain married?
John Thain is happily married to his lovely spouse, Carmen Thain.
How much is John Thain worth?
John has an approximate net worth of $100 million dollars. This amount has been accrued from his leading roles in the investment industry.
Where does John Thain live?
Because of security reasons, John has not shared his precise location of residence. We will immediately update this information if we get the location and images of his house.
Is John Thain dead or alive?
John is alive and in good health. There have been no reports of him being sick or having any health-related issues.
John Thain Social Media Contacts
- Youtube
- Tiktok: To be Updated
- Website: To be Updated
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Reference:
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