Mary Callahan Erdoes

Mary Callahan Erdoes
Born Mary Callahan
(1967-08-13) August 13, 1967[1]
Residence New York City, New York, USA
Nationality American
Alma mater Georgetown University[2]
Harvard Business School[3]
Occupation Asset Management CEO at JPMorgan Chase & Co.
Spouse(s) Philip Erdoes[3]
Children 3 daughters: Mia, Morgan & Mason[3]

Mary Callahan Erdoes is Chief Executive Officer of J.P. Morgan Asset Management (a division of JPMorgan Chase), a global leader in investment management and private banking with more than $2.2 trillion[4] in assets under supervision. In addition to being a member of JPMorgan Chase's Operating and Executive Committees, Erdoes leads the firm's strategic partnership with Highbridge Capital Management and Gávea Investimentos. In 2014, Forbes Magazine ranked her as the 66th most powerful woman in the world.[5]

Early life and education

Mary Callahan was born on 13 August 1967 to Patricia and Patrick Callahan, Jr.. Patrick Callahan was a former partner at investment banking firm Lazard Freres.[6] Callahan Erdoes was raised in Winnetka, Illinois, a North Shore suburb of Chicago.[7][8] She was raised in a Roman Catholic family of Irish descent.[9] Callahan Erdoes is an alumna of the all-girls Roman Catholic Woodlands Academy of the Sacred Heart in Lake Forest, Illinois.[10][11] Erdoes completed her bachelor's degree at Georgetown University, majoring in Mathematics. She was the only woman to complete a mathematics major at Georgetown at that time. She earned her MBA at Harvard Business School.[12]

Career

Callahan Erdoes started her career with Stein Roe & Farnham, and described her maternal grandmother as instrumental for helping her get that job during college. She described her position there as a "glorified mailroom job".[1] She then moved on to Bankers Trust, where she worked in corporate finance, merchant banking, and high-yield debt underwriting. Prior to joining J.P. Morgan, she was employed at Meredith, Martin & Kaye, a fixed-income specialty advisory firm, where she was responsible for credit research, trading, and individual portfolio management. In 1996, she joined J.P. Morgan Asset Management as head of fixed income for high-net-worth individuals, foundations, and endowments.[2] In March 2005, she was appointed CEO of J.P. Morgan Private Bank.[13] She assumed her current post in September 2009. She has been mentioned as a potential successor to JPMorgan Chase & Co. CEO Jamie Dimon.[14]

In 2012, Callahan Erdoes was included in the 50 Most Influential list of Bloomberg Markets. In March 2013, Business Insider included Callahan Erdoes on its list of the 25 most powerful women on Wall Street.[15] In 2014, Callahan Erdoes was named the 66th most powerful woman in the world by Forbes.[5]

Callahan Erdoes currently serves as a board member of the U.S. Fund for UNICEF.[16]

Personal life

Callahan Erdoes met her husband Philip Erdoes at Harvard Business School. They live in New York City with their three daughters.[16]

Callahan Erdoes is a major Republican Party donor and fundraiser. She contributed to the presidential campaigns of John McCain and Mitt Romney in 2008 and 2012, respectively.[17]

References

  1. 1 2 "She Does the Math". The New York Times. 4 July 2005. Retrieved 23 March 2011.
  2. 1 2 Messina, Judith. "Math Major Takes Major Bank Role". Retrieved 23 March 2011.
  3. 1 2 3 Gupte, Pranay (9 January 2006). "The Difference Between Rich and Wealthy". The New York Sun. Retrieved 23 March 2011.
  4. ↑ Karsten Seibel (6 November 2013). "Investor Pimco: "EZB muss drastischere Maßnahmen ergreifen" - DIE WELT". DIE WELT.
  5. 1 2 "The World's 100 Most Powerful Women". Forbes. Forbes. Retrieved 26 June 2014.
  6. ↑ http://www.nysun.com/business/difference-between-rich-and-wealthy/25541/
  7. ↑ https://web.archive.org/web/20160313054054/http://www.nytimes.com/2005/07/24/business/yourmoney/she-does-the-math.html
  8. ↑ https://web.archive.org/web/20151018184723/http://www.forbes.com/sites/nathanvardi/2011/08/24/the-1-trillion-woman/
  9. ↑ https://web.archive.org/web/20151018184723/http://www.forbes.com/sites/nathanvardi/2011/08/24/the-1-trillion-woman/
  10. ↑ https://web.archive.org/web/20160313055114/http://www.woodlandsacademy.org/news/item/index.aspx?linkid=842&moduleid=52
  11. ↑ https://web.archive.org/web/20160314000728/http://www.chicagotribune.com/suburbs/lake-county-news-sun/community/chi-ugc-article-woodlands-academy-awards-new-alumna-achieveme-2-2015-10-05-story.html
  12. ↑ http://www.nysun.com/business/difference-between-rich-and-wealthy/25541/
  13. ↑ http://www.nysun.com/business/difference-between-rich-and-wealthy/25541/
  14. ↑ Keenan, Charles (October 2010). "#6 Mary Callahan Erdoes". American Banker and SourceMedia, Inc. Retrieved 23 March 2011.
  15. ↑ "The 25 Most Powerful Women on Wall Street". Retrieved 20 March 2013.
  16. 1 2 "Mary Callahan Erdoes". Retrieved 23 March 2011.
  17. ↑ http://www.bloomberg.com/news/articles/2011-11-29/romney-best-chance-to-beat-obama-jpmorgan-fundraiser
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