Gary Parr: Difference between revisions
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He has advised clients on many of the largest mergers and acquisitions and strategic investments in the financial services industry, including: the sale of [[Lehman Brothers|Lehman’s]] North American investment banking business to [[Barclays]]; the sale of [[Bear Stearns]] to [[JP Morgan]]; [[Mitsubishi UFJ Financial Group|Mitsubishi UFJ’s]] investment in [[Morgan Stanley]]; [[Kuwait]]’s investment in [[Citigroup]]; [[China Investment Corp]].’s investment in [[Morgan Stanley]]; the merger of [[Bank of New York]] and [[Mellon]]; the sale of [[Donaldson Lufkin & Jenrette]] to [[Credit Suisse First Boston]]; Dean Witter Discover’s merger with Morgan Stanley; and [[Berkshire Hathaway]]’s acquisition of [[GEICO]]. <ref name=bloomberglink/><ref name=kellogg/><ref name=upstart>{{ Cite Web | url = http://upstart.bizjournals.com/executives/features/2008/01/22/Gary-Parr-Profile.html?page=all | title = The Global Engineer | Author = Liza Porteus Viana | accessdate = 2008-1-22 }}</ref> |
He has advised clients on many of the largest mergers and acquisitions and strategic investments in the financial services industry, including: the sale of [[Lehman Brothers|Lehman’s]] North American investment banking business to [[Barclays]]; the sale of [[Bear Stearns]] to [[JP Morgan]]; [[Mitsubishi UFJ Financial Group|Mitsubishi UFJ’s]] investment in [[Morgan Stanley]]; [[Kuwait]]’s investment in [[Citigroup]]; [[China Investment Corp]].’s investment in [[Morgan Stanley]]; the merger of [[Bank of New York]] and [[Mellon]]; the sale of [[Donaldson Lufkin & Jenrette]] to [[Credit Suisse First Boston]]; Dean Witter Discover’s merger with Morgan Stanley; and [[Berkshire Hathaway]]’s acquisition of [[GEICO]]. <ref name=bloomberglink/><ref name=kellogg/><ref name=upstart>{{ Cite Web | url = http://upstart.bizjournals.com/executives/features/2008/01/22/Gary-Parr-Profile.html?page=all | title = The Global Engineer | Author = Liza Porteus Viana | accessdate = 2008-1-22 }}</ref> |
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==Education==<ref> |
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Parr attended North Carolina State University for his freshman and sophomore years [5] and then transferred to the University of North Carolina at Chapel Hill for his junior and senior campaigns. He went on to graduate from UNC with honors: Phi Beta Kappa and Beta Gamma Sigma. He also received an MBA from Northwestern University. While at UNC, Parr was a member of Pi Kappa Phi Fraternity.</ref> |
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==Personal== |
==Personal== |
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Parr is a Charlotte, NC native. He was an underachiever in his formative years and was denied admission to his preferred college (UNC-Chapel Hill) because "his grades were 'awful' and he 'didn’t even try' in high school." He recognized certain deficiencies in character and/or effort, remedied them, and has clearly risen above them in his academic and professional pursuits. Parr was quoted saying “failure can many times be a driver, being rejected from Carolina was the best thing that ever happened to me. The day after I was rejected, I started focusing on how to succeed.”[6] |
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Parr is from [[Charlotte, North Carolina]]. He graduated from the [[University of North Carolina]] in 1979 with honors, [[Phi Beta Kappa]] and [[Beta Gamma Sigma]], and received an MBA from [[Northwestern University]]’s [[Kellogg School of Management]]. <ref name=bloomberglink/><ref name=kellogg/><ref name=parrcenter>{{ Cite Web | url = http://parrcenter.unc.edu/about/History | title = The Parr Center For Ethics}}</ref><ref name=UNCAlumni>{{ Cite Web | url = http://college.unc.edu/2013/10/10/alums/ | title = Distinguished alumni to receive awards University Day}}</ref> |
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Parr is divorced with two grown children. He lives alone in a 24,000-square-foot (2,200 m2) mansion located in Tuxedo Park, NY. The residence has 26 bedrooms and 11½ baths and is set amid 6.2 acres (25,000 m2) <ref>http://nypost.com/2008/03/23/none-over-parr/</ref>. He leads an active social life and is a regular on the Sundance Film Festival party circuit, and is also known to accompany high profile television personalities such as Michelle Caruso-Cabrera to various social events, as well as traveling together internationally <ref>http://radaronline.com/exclusives/2008/10/michelle-caruso-cabrera-cnbc-maria-bartiromo-gary-parr-china-pictures-maria-bartiromo-php/</ref> <ref>http://nypost.com/2008/03/23/none-over-parr/</ref> |
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Parr frequently appears in the New York Social Diary <ref>http://www.newyorksocialdiary.com/social-diary/2007/discovering-asolo</ref> <ref>http://www.newyorksocialdiary.com/party-pictures/2009/moonlight-and-more</ref> |
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He established the Parr Center for Ethics at the [[University of North Carolina at Chapel Hill]] in 2004.<ref name=parrcenter/> In 2013 he was awarded the Distinguished Alumnus Award from the [[University of North Carolina]]. <ref name=UNCAlumni/> |
He established the Parr Center for Ethics at the [[University of North Carolina at Chapel Hill]] in 2004.<ref name=parrcenter/> In 2013 he was awarded the Distinguished Alumnus Award from the [[University of North Carolina]]. <ref name=UNCAlumni/> |
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Revision as of 04:51, 26 October 2014
Gary Parr | |
|---|---|
| Nationality | United States |
| Alma mater | BSBA University of North Carolina MBA Northwestern University |
| Occupation | Investment banker |
| Employer | Lazard Ltd |
Gary W. Parr is a vice chairman of Lazard.[1] He is an investment banker who has focused on the financial services industry for more than 30 years. Since 2009, he has also been chairman of the New York Philharmonic. [2][3]
Career
Parr began his career at First Boston Corp., where he worked on insurance industry mergers. [4] In 1988 he was part of a group that formed the advisory firm Wasserstein Perella, co-founded by Bruce Wasserstein and Joseph Perella. In 1993, he moved to Morgan Stanley, where his roles included heading the global financial institutions group and co-heading the global M&A division. He joined Lazard in 2003. [1][3][4]
He has advised clients on many of the largest mergers and acquisitions and strategic investments in the financial services industry, including: the sale of Lehman’s North American investment banking business to Barclays; the sale of Bear Stearns to JP Morgan; Mitsubishi UFJ’s investment in Morgan Stanley; Kuwait’s investment in Citigroup; China Investment Corp.’s investment in Morgan Stanley; the merger of Bank of New York and Mellon; the sale of Donaldson Lufkin & Jenrette to Credit Suisse First Boston; Dean Witter Discover’s merger with Morgan Stanley; and Berkshire Hathaway’s acquisition of GEICO. [1][4][5]
==Education==[6]
Personal
Parr is a Charlotte, NC native. He was an underachiever in his formative years and was denied admission to his preferred college (UNC-Chapel Hill) because "his grades were 'awful' and he 'didn’t even try' in high school." He recognized certain deficiencies in character and/or effort, remedied them, and has clearly risen above them in his academic and professional pursuits. Parr was quoted saying “failure can many times be a driver, being rejected from Carolina was the best thing that ever happened to me. The day after I was rejected, I started focusing on how to succeed.”[6]
Parr is divorced with two grown children. He lives alone in a 24,000-square-foot (2,200 m2) mansion located in Tuxedo Park, NY. The residence has 26 bedrooms and 11½ baths and is set amid 6.2 acres (25,000 m2) [7]. He leads an active social life and is a regular on the Sundance Film Festival party circuit, and is also known to accompany high profile television personalities such as Michelle Caruso-Cabrera to various social events, as well as traveling together internationally [8] [9]
Parr frequently appears in the New York Social Diary [10] [11]
He established the Parr Center for Ethics at the University of North Carolina at Chapel Hill in 2004.[12] In 2013 he was awarded the Distinguished Alumnus Award from the University of North Carolina. [13]
In addition to his role as chairman of the New York Philharmonic, Parr has served on a variety of not-for-profit organizations. He also served on the Board of the Kenan-Flagler Business School at the University of North Carolina at Chapel Hill. [1][5] Parr is said to enjoy architectural renovation projects, and has restored an historic property in Tuxedo Park, New York. [14]
Affiliations
- Chairman : New York Philharmonic
- Chairman : Parr Center for Ethics at University of North Carolina at Chapel Hill
- Former Board member : Berkeley Divinity School - Yale
- Former Chairman: Venetian Heritage
- Fraternity : Pi Kappa Phi
References
- ^ a b c d "Gary W. Parr". Bloomberg Link.
- ^ "Chairman Gary W. Parr". New York Philharmonic.
- ^ a b Daniel J. Wakin (2009-06-12). "New York Philharmonic Names Gary Parr Chairman". The New York Times. Retrieved 2009-06-11.
- ^ a b c Matt Golosinski. "Theory into Practice: Analytical and 'people' skills both key, says financial ace Gary Parr '80". Retrieved 2007.
{{cite web}}: Check date values in:|accessdate=(help) - ^ a b "The Global Engineer". Retrieved 2008-1-22.
{{cite web}}: Check date values in:|accessdate=(help); Unknown parameter|Author=ignored (|author=suggested) (help) - ^ Parr attended North Carolina State University for his freshman and sophomore years [5] and then transferred to the University of North Carolina at Chapel Hill for his junior and senior campaigns. He went on to graduate from UNC with honors: Phi Beta Kappa and Beta Gamma Sigma. He also received an MBA from Northwestern University. While at UNC, Parr was a member of Pi Kappa Phi Fraternity.
- ^ http://nypost.com/2008/03/23/none-over-parr/
- ^ http://radaronline.com/exclusives/2008/10/michelle-caruso-cabrera-cnbc-maria-bartiromo-gary-parr-china-pictures-maria-bartiromo-php/
- ^ http://nypost.com/2008/03/23/none-over-parr/
- ^ http://www.newyorksocialdiary.com/social-diary/2007/discovering-asolo
- ^ http://www.newyorksocialdiary.com/party-pictures/2009/moonlight-and-more
- ^ Cite error: The named reference
parrcenterwas invoked but never defined (see the help page). - ^ Cite error: The named reference
UNCAlumniwas invoked but never defined (see the help page). - ^ "Tuxedo Park FYI".